The Audit

Losing Lehman

Press coverage dances around the true shame of Fuld and his fallen firm

By Elinore Longobardi   Jan 8, 2009 at 09:04 AM

The press has a Lehman problem. We’ve suspected as much for a while now, but only steeled ourselves to trace... More

Eisinger On Regulators

By Dean Starkman   Jan 8, 2009 at 08:35 AM

We were big fans of Portfolio’s Jesse Eisinger even before our Audit interview with him last month (a must-read for... More

Too Easy on TARP

By Dean Starkman   Jan 8, 2009 at 06:16 AM

A word about a story in yesterday’s WSJ, which calculates that the Treasury Department has earned $8 billion, or 4... More

LAT Scores on Health Insurance Scheme

By Ryan Chittum   Jan 7, 2009 at 10:48 AM

The LA Times gets a nice win today in its series on health insurers. The paper has run a series... More

Pearlstein Skewers Obama’s SEC Pick

By Ryan Chittum   Jan 7, 2009 at 09:29 AM

Steven Pearlstein in the Washington Post is good to raise serious questions about Mary Schapiro, Obama's pick for SEC chairwoman.... More

The Journal Goes Frontline

A (mostly) well-done mini-documentary on the financial crisis

By Ryan Chittum   Jan 7, 2009 at 08:38 AM

If you visited The Wall Street Journal's website yesterday, you saw it touting a three-part in-house video called “The End... More

Conflict-of-Interestism and Lewis/Einhorn

By Ryan Chittum   Jan 6, 2009 at 09:24 AM

Over at the Instaputz blog, TS raises the potential conflict-of-interest factor in Michael Lewis's op-ed collaboration with hedge fundie/author David... More

WSJ’s Good Vehicle for Explaining Subprime Mess

By Ryan Chittum   Jan 5, 2009 at 03:58 PM

Just wanted to make sure you saw this great A1 story in the Journal on Saturday. Reporter Michael M. Phillips... More

Bloomberg on the Dearth of Lending

By Ryan Chittum   Jan 5, 2009 at 10:10 AM

Bloomberg has a story on the lack of lending that Michael Lewis and David Einhorn slapped Henry Paulson around for... More

Michael Lewis and David Einhorn on Long-Term Fixes

By Ryan Chittum   Jan 5, 2009 at 09:43 AM

It's only Monday, but I'm pretty confident this piece in The New York Times yesterday will be the must-read of... More

Journal Finds More Regulatory Failures on Madoff

By Ryan Chittum   Jan 5, 2009 at 08:35 AM

The Journal reports out the "serial regulatory failures" that allowed Bernard Madoff to perpetuate the bigges Ponzi scheme in history.... More

Audit Rewind: Elinore Longobardi’s Best of 2008

A handful of her picks from last year

By Ryan Chittum   Jan 1, 2009 at 09:05 PM

1) The Great Man Theory and Hank Paulson The press often seeks out and artificially creates a Big Man in... More