The Audit

Blowing Up at the Murdoch Journal

By Ryan Chittum   Jan 22, 2010 at 04:44 PM

Barry Ritholtz rips The Wall Street Journal a new one today, saying that "Under Murdoch, the paper has become politicized... More

What Does Tim Geithner Really Think About the Volcker Rule?

By Ryan Chittum   Jan 22, 2010 at 11:26 AM

The New York Times, in a story about the sudden, somewhat shocking ascendance in the Obama orbit of the long-ignored... More

Obama (Finally) Gets Tough on Wall Street

By Ryan Chittum   Jan 21, 2010 at 09:56 AM

In stunning news this morning, President Obama has reversed course and will propose a kind of Glass-Steagall II, as well... More

Audit Notes: A Tax a Reaganite Can Love, Cramer, Mad Max

By Ryan Chittum   Jan 21, 2010 at 12:12 AM

David Stockman, who was in the Reagan cabinet as budget director, comes out swinging for a too-big-to-fail bank tax in... More

Bloomberg Punctures the Fed’s French Excuse

By Ryan Chittum   Jan 20, 2010 at 08:40 PM

Bloomberg advances the AIG/French-banks story today quite a little bit. That's the one where the Fed said it had to... More

The NYT Will Charge Online

That’s a good thing

By Ryan Chittum   Jan 20, 2010 at 11:01 AM

It's official. The New York Times says it will stop giving away its expensive-to-produce paper online and institute a metered... More

Audit Notes: FCIC’s Missing Media, What Crisis?, L’Affaire AIG

By Ryan Chittum   Jan 19, 2010 at 06:43 PM

What did we miss as press coverage of the Financial Crisis Inquiry Commission fizzled last week? On Friday, we pointed... More

Citi Not Quite As Awful As Last Year, Says Dow Jones

By Ryan Chittum   Jan 19, 2010 at 01:00 PM

Here's a strange Wall Street Journal headline (of a Dow Jones Newswires story): "Citi Loss Narrows." Yeah—to $7.6 billion. Is... More

The WSJ on Another Junk-Debt Boom

By Ryan Chittum   Jan 19, 2010 at 11:09 AM

The bubble is back. If you hadn't already figured that out, that's the lesson from The Wall Street Journal's excellent... More

Audit Notes: Ignoring State Regs, Busy Bhatia, Volcker Vacuum

By Ryan Chittum   Jan 15, 2010 at 06:38 PM

The Financial Crisis Inquiry Commission talked to state regulators—the only ones with credibility on the predatory-lending issue and you might... More

A WSJ Story Shows TBTF Effects on the Market

By Ryan Chittum   Jan 15, 2010 at 04:18 PM

The Wall Street Journal is excellent today to spotlight a sudden jump in ARM interest rates on New Year's Eve... More

Steven Pearlstein: Then and Now

By Ryan Chittum   Jan 15, 2010 at 10:11 AM

What a difference a year makes! Here's the Washington Post's Steven Pearlstein last February: These guys won’t be happy until... More

Audit Notes: Goldie’s AIG CDS, Smarter Readers, Adversarial Stance

By Ryan Chittum   Jan 14, 2010 at 07:46 PM

James Keller has an interesting post over at RealClearMarkets on the Goldman Sachs/AIG controversy, which he says is "Likely Worse... More

Parsing the Latest Online-Charging Poll

By Ryan Chittum   Jan 14, 2010 at 03:49 PM

There's yet another poll out there reporting the obvious: Most people say they won't pay for something they get for... More

Revisiting the Journal’s TBTF Citi Story

By Ryan Chittum   Jan 14, 2010 at 05:34 AM

Yves Smith of Naked Capitalism calls me out for swallowing a Wall Street Journal story showing the Citigroup side in... More