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Articles by Ryan Chittum | Email the Author

 

  1. The Audit

    The Times Gives Card Companies Too Much Credit

    May 19, 2009 01:55 PM

    The Times's front page story on the coming credit-card crackdown doesn't really do it for me. The consumer-advocate response is buried at the bottom of the story and even then it doesn't have much to do with the spinning... Continue reading

  2. The Audit

    BlackRock Gets a Bruising from WSJ, NYT

    May 19, 2009 09:46 AM

    BlackRock gets a double scoop of (deservedly) bad press this morning on page one of The New York Times and on the front of the Journal's Money & Investing section. It's long overdue. This company is riddled with... Continue reading

  3. The Audit

    Hints of an Explosive Wall Street Story from FT’s Tett

    May 18, 2009 11:05 PM

    There's an interesting bit of reporting buried deep in this good Gillian Tett column in the Financial Times last week about Geithner's proposed regulation of credit derivatives. Tett is one of the smartest financial journalists working, and she's just... Continue reading

  4. The Audit

    No Jump for Nomura in the Journal

    May 18, 2009 07:55 PM

    This Journal story on Nomura Holdings upping its U.S. presence is a bit off. First of all there's the headline: Hiring Spree at Nomura: 135 in U.S. Sure, it's great that anybody's hiring in this economy, but it seems... Continue reading

  5. The Audit

    Fortune: The TALF Plan Has Wall Street Salivating

    May 18, 2009 02:30 PM

    The TALF bailout is coming online, and Fortune takes a good look at exactly how it works for the big investors who will be involved. It works very, very well for them. So well that William D. Cohan gets... Continue reading

  6. The Audit

    Deposed Trump Looks Very Bad in the Journal

    May 18, 2009 09:46 AM

    The Wall Street Journal has a hilarious story today using Donald Trump's lawsuit against The New York Times editor Timothy O'Brien to get a damaging look inside Trumpville. O'Brien wrote a book four years ago saying Trump was worth... Continue reading

  7. The Audit

    Globe Pension-Insurer Story Gets Juicy

    May 15, 2009 04:53 PM

    Remember that pension insurance fund story I said to watch a couple of months ago—the one broken by The Boston Globe? It just got a whole lot more interesting. The initial story was that the director of the Pension... Continue reading

  8. The Audit

    WaPo Sees an Incipient Trade War with Canada

    May 15, 2009 12:13 PM

    The Washington Post reports that the trade-war issue, which flared up briefly after "Buy American" clauses made it into the stimulus bill, is heating up below the surface. It's smart to find that the battles are forming in areas... Continue reading

  9. The Audit

    WSJ’s Weak Hedge-Fund Story

    May 15, 2009 09:56 AM

    This Journal story today is frustrating. Investors in a fund run by hedge-fund impresario James Simons are ticked off that they've lost a bunch of money while a separate, exclusive fund where Simons parks his own money is raking... Continue reading

  10. The Audit

    Bloomberg’s Weil Keeps the Goldman Settlement Story Alive

    May 14, 2009 05:13 PM

    The press mostly stuffed the big news the other day that Goldman Sachs agreed to a $60 million settlement with Massachusetts for its role in creating the mortgage crisis. So it's great to see Bloomberg columnist Jonathan Weil <a... Continue reading

  11. The Audit

    So That’s Why the Press Won’t Cover Elizabeth Warren!

    May 14, 2009 03:03 PM

    A couple of times in the last few months I've taken the press to task for ignoring the Congressional Oversight Panel and its report on the TARP. I've talked to reporters in the biz since and got the... Continue reading

  12. The Audit

    WSJ “Hears” Another False Note from Wall Street

    May 14, 2009 09:40 AM

    The Journal has a solid "Heard on the Street" this morning about how all the TARP carping by banks doesn't pass the smell test. The banks have moaned that the pay caps instituted since the taxpayer subsidies will push... Continue reading

  13. The Audit

    Kindle Is Just Another Way for Papers to Lose Money

    May 13, 2009 06:47 PM

    I wrote the other day about why the Kindle—at least in its current incarnation—isn't going to save the newspaper industry. But I saw some new data that leads me to believe it won't even make a ripple. Bloomberg dropped... Continue reading

  14. The Audit

    But Will the Bankers Go Galt?

    May 13, 2009 12:20 PM

    The Journal scoops that Obama is formulating a broad plan to regulate pay in the financial industry to make sure incentives don't encourage the kind of excess risk-taking that's blown up the economy. Among ideas being discussed are Fed... Continue reading

  15. The Audit

    WSJ: Conflicts at Goldman

    May 13, 2009 09:37 AM

    The Journal's piece on conflicts of interest at Goldman Sachs's commercial real estate funds is a good look at yet another hangover from bubble-era practices. The paper says investors in Goldman's Whitehall funds are ticked because Goldman is on... Continue reading

  16. The Audit

    The Times Overdraws on Community Banks

    May 12, 2009 03:55 PM

    I wanted to like this New York Times story today on small banks and how they've far outperformed their bigger brethren. But it's a real missed opportunity. The story is long on sentiment and short on facts. The Times... Continue reading

  17. The Audit

    Goldman Settles Mortgage Probe, But the Press Buries It

    May 12, 2009 09:47 AM

    Seems to me that the press is underplaying the news that Goldman Sachs agreed to a $60 million settlement with Massachusetts for its role in securitizing bad mortgages. It seems to me that this is something of a landmark event:... Continue reading

  18. The Audit

    Kicking the Tires at The New York Times Company

    May 11, 2009 04:45 PM

    Fortune has some fascinating reporting on the future of The New York Times as a business. It scoops that David Geffen tried to buy nearly a fifth of the company's shares but was turned down by their owner, the... Continue reading

  19. The Audit

    The Journal Can’t See Through the Hedges

    May 11, 2009 09:25 AM

    How do you write about the hedge-fund industry being ticked off at Obama without noting one of the biggest reason they're mad: The president is going to raise their taxes through the roof. The The Wall Street Journal C1 <a... Continue reading

  20. The Audit

    WSJ’s Bold Plan to Expand Subscription Revenues

    May 11, 2009 08:26 AM

    Rupert Murdoch of late has been making the boldest noises of anyone in the newspaper industry on the search for new business models. Last week, he told investors that News Corp. is going to start charging online readers of... Continue reading

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