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Articles by Ryan Chittum | Email the Author

 

1. The Audit

   Bartiromo and BizWeek with an Embarrassing Summers Interview

   June 26, 2009 12:31 PM

   Maria Bartiromo's BusinessWeek interviews aren't exactly must-read business journalism. But this is ridiculous. What would you ask if you got a sitdown with Obama's economic svengali Larry Summers? I'm sure you can think of a dozen or so... Continue reading

2. The Audit

   Journal States the Obvious—In a Good Way

   June 26, 2009 09:37 AM

   The Wall Street Journal looks at how the new consumer-protection regulator is likely to make banks less profitable. I like how the paper all but says that's because the banks won't be able to screw their customers as blatantly... Continue reading

3. The Audit

   What the WSJ Looked Like in 1930

   June 25, 2009 06:44 PM

   Here's a great idea for a business blog. An anonymous somebody is going back through Depression-era Wall Street Journals day by day and summarizing just what was going on back then. The result is "News from 1930, which tells... Continue reading

4. The Audit

   Bloomberg Profiles Volcker, Obama’s Outside Insider

   June 25, 2009 03:07 PM

   Bloomberg has a welcome, long profile of Paul Volcker, the legendary former Fed chairman who's been shouldered to the background as an Obama adviser by Larry Summers, who got F's on his elementary school report cards in “plays... Continue reading

5. The Audit

   Fortune: Confidence in Banks Falling Again

   June 25, 2009 09:44 AM

   Don't look now but market sentiment on the banking industry is falling again. Fortune reports that the cost of insuring against the default of big banks (via credit-default swap) like Bank of America and Citigroup has jumped 17 percent... Continue reading

6. The Audit

   Even the Going-Out-of-Business Business Is Suffering

   June 24, 2009 05:51 PM

   The Wall Street Journal has a great page-one “ahed” today about one rug merchant who's made a business of going out of business. Check out the lede: When Cyrus Hassankola moved to Dallas a couple of years ago, after... Continue reading

7. The Audit

   Bloomberg Buys the Discredited Realtor Lobby’s Spin

   June 24, 2009 12:46 PM

   You'd think that by now the media would be done with the National Association of Realtors, a discredited organization that caused the press so much embarrassment during the housing bubble. But here's Bloomberg writing a story that could... Continue reading

8. The Audit

   Citigroup Keeps on Truckin’ Like It’s 2007

   June 24, 2009 09:40 AM

   The New York Times and Financial Times both report that Citigroup is raising salaries by up to half to avoid strictures on bonuses. Citigroup, of course, is a government ward so enfeebled as to have needed tens of... Continue reading

9. The Audit

   Footnoted Ferrets Out Legg Mason Foolishness

   June 23, 2009 04:01 PM

   The excellent business site Footnoted, run by Michelle Leder, makes a nice catch today on executive compensation. Leder's m.o. is digging through securities filings to come up with the good parts, and she gets that here. She finds Legg... Continue reading

10. The Audit

    The Journal Overplays Its Harvard Scooplet

    June 23, 2009 02:38 PM

    I can't figure out why this Harvard endowment story is on page one of the Journal this morning. Two managers are leaving the endowment and it's getting more cautious. Well, blow me down! It's a scooplet, but who cares?... Continue reading

11. The Audit

    LA Times Superb on Modern-Day Grapes of Wrath

    June 23, 2009 09:53 AM

    The Los Angeles Times has a standout story today—one of the best pieces I've read in a long, long time. It's a literary look by Mike Anton at the miserable lives of grape pickers in the Coachella Valley. The... Continue reading

12. The Audit

    “Too Big to Fail” Gets Big Play in the NYT

    June 22, 2009 07:48 PM

    I was glad to see three pieces in the The New York Times or on its website this weekend about Too Big to Fail. Eric Dash wrote a news analysis in the Week of Review yesterday. Gretchen Morgenson <a... Continue reading

13. The Audit

    John Gruber Analyzes Journal Sourcing on (Steve) Jobs

    June 22, 2009 01:51 PM

    John Gruber of Daring Fireball has a smart analysis of the journalism behind the Journal's big scoop this weekend that Steve Jobs had a liver transplant two months ago—something that had been kept from shareholders (disclosure: I'm a... Continue reading

14. The Audit

    WSJ: Hedge Fund Lobbying Soars

    June 22, 2009 09:28 AM

    The Journal this morning continues its good watchdog reporting on the lobbying efforts by the business-as-usual crowd. It looks at how much money hedge funds are spending to lobby Washington these days. Unsurprisingly, the total was up six times... Continue reading

15. The Audit

    Bloomberg, McClatchy Look at the Coming Option ARM Wipeout

    June 19, 2009 05:48 PM

    A few weeks ago, I wrote that the press had become a bit too sanguine about all of the "green shoots" talk going around. The biggest concern is that we're in something like the eye of a storm. The... Continue reading

16. The Audit

    Visualizing the Bailouts

    June 19, 2009 02:30 PM

    You've got to see this. Barry Ritholtz of The Big Picture asked Jess Bachman of the excellent information-graphics site Wallstats to create a visual representation of the size of the $15 trillion worth of bailouts Ritholtz calculates we've... Continue reading

17. The Audit

    Starkman Profiles Morgenson

    June 19, 2009 09:37 AM

    Audit Chairman Dean Starkman has a big profile just out in The Nation of New York Times reporter and columnist Gretchen Morgenson. He calls her "the most important financial journalist of her generation" and has some interesting new stuff... Continue reading

18. The Audit

    The Press Must Pay Extra Attention to Obama’s Fed Plan

    June 18, 2009 06:26 PM

    One of the most obvious storylines for the next few weeks of regulatory-reform discussion is the Federal Reserve. The Obama administration's plan would beef up its responsibilities, making this secretive, undemocratic institution all the more powerful. I've been wondering when... Continue reading

19. The Audit

    Fortune Swallows the Banks’ Baloney

    June 18, 2009 02:27 PM

    I had to read this Fortune story a couple of times to make sure it was really as credulous as I thought it was. Yup. It is. The magazine reports that banks are "troubled" about the elimination of one... Continue reading

20. The Audit

    Surreal Estate

    June 18, 2009 01:05 PM

    Check out this great slideshow from Newsweek showing some of the physical legacy the bust has left on the landscape. Empty lots. Empty houses. Empty office towers. Empty hotels. Half-built buildings. Even empty boats. The magazine says "thousands of... Continue reading

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