The Audit

Audit Interview: James L. Bothwell

The author of a definitive ‘94 GAO derivatives report talks about industry pushback and financial-press complacency

By Ryan Chittum   Jul 14, 2009 at 12:54 PM

A few months back, The Audit's Elinore Longobardi took a a long look at how the press failed in its... More

Time Gets the Stimulus Wrong

By Ryan Chittum   Jul 14, 2009 at 11:59 AM

I wrote yesterday that The Wall Street Journal had been too accommodating of White House spin on stimulus spending. Today,... More

Obama Spins New Stimulus Spending Line into the WSJ

By Ryan Chittum   Jul 13, 2009 at 01:53 PM

The Journal this morning regurgitates some abject spin from the White House on the economy. It's clearly part of a... More

Journal: Option ARMs Doing Worse than Subprime

By Ryan Chittum   Jul 13, 2009 at 09:35 AM

The Journal has an interesting little news story this morning on option adjustable-rate mortgages, reporting that these time bombs now... More

Bloomberg’s Weil Asks the Right Questions on Goldman

By Ryan Chittum   Jul 10, 2009 at 04:50 PM

Jonathan Weil zeroes in on the incredible statement by the prosecutor in the Goldman Sachs code-theft case that if Goldman's... More

Slate Takes on the Prosperity Gospel Peddlers

By Ryan Chittum   Jul 10, 2009 at 02:43 PM

Slate is good to take a fresh look, in the second year of the financial crisis, at the "Prosperity Gospel,"... More

How CJR Breaks Bread

Full disclosure on a private event

By The Editors   Jul 10, 2009 at 10:01 AM

Since the Columbia Journalism Review is trying today (in a piece posted here) to sort through distinctions about what is... More

NYT’s Norris Lets Beazer and Justice Have It

By Ryan Chittum   Jul 10, 2009 at 09:43 AM

Floyd Norris has a tough column this morning on Beazer Homes and the government letting it off the hook for... More

Journalism Scandal at News Corp

By Dean Starkman   Jul 10, 2009 at 02:22 AM

While it's too early to draw conclusions, anyone interested in what goes on at the owner the nation's leading financial... More

CNBC’s Santelli and the $1,300 YOU Can Get Rich Trading! Seminar

Probably not a good idea

By Ryan Chittum   Jul 9, 2009 at 03:30 PM

I had to do a double-take when I saw CNBC's Rick Santelli on a Web site hawking a $1,300 "how... More

USA Today Hits the Overdraft Racket Hard

By Ryan Chittum   Jul 9, 2009 at 03:03 PM

USA Today has a superb story this morning that latches onto the overdraft-charges story and takes it into new territory.... More

Guardian’s Big Scoop on Scandal at News Corp. Tab

The story raises serious questions for the CEO of WSJ parent Dow Jones

By Ryan Chittum   Jul 8, 2009 at 08:56 PM

The Guardian unloaded a big-time scoop today that News Corp. paid more than $1.6 million to settle phone-hacking cases by... More

Reuters: Bureaucrats Fighting Consumer Agency to Protect Turf

By Ryan Chittum   Jul 8, 2009 at 03:29 PM

Getting a Consumer Financial Protection Agency passed is going to be hard enough, given how the still-extremely-powerful banking industry has... More

The LA Times’s Incomplete Swipe at Credit Cards

By Ryan Chittum   Jul 8, 2009 at 09:54 AM

The LA Times columnist David Lazarus reports this morning that credit-card companies are doing an "end run" around impending regulation... More

A Code Theft at Goldman Is a Tantalizing Story

By Ryan Chittum   Jul 7, 2009 at 03:46 PM

Reuters' Matthew Goldstein broke a fascinating story on Sunday, reporting that a Goldman Sachs computer programmer stole at least part... More