The Audit

Summers: “Inside Job had essentially all its facts wrong”

By Felix Salmon   Jan 27, 2012 at 10:49 AM

In mid-2009, I went on a search for apologies, from the people who laid the intellectual and regulatory foundations... More

Audit Notes: Mortgage Bonds, Junkets, Digital Hype

By Ryan Chittum   Jan 26, 2012 at 08:54 PM

Yves Smith of Naked Capitalism flags what she calls a "bombshell" analyst report on the mortgage-backed securities market. The report... More

Wealthy Bloomberg Subscribers Call for Higher Taxes

By Ryan Chittum   Jan 26, 2012 at 03:00 PM

Bloomberg News had a good idea for a poll: Ask 1,200 of its $20,000-a-year subscribers whether the carried-interest tax break,... More

Audit Notes: Subpar Tom Friedman, Big Lie of the Crisis, Obama on Fraud

By Ryan Chittum   Jan 25, 2012 at 09:34 PM

Today's Tom Friedman column is even worse than usual: In the past, workers with average skills, doing an average job,... More

The Journal Takes Us Inside the Google Drugs Sting

By Ryan Chittum   Jan 25, 2012 at 06:36 PM

The Wall Street Journal has an excellent page-one story today on how federal agents caught Google deliberately breaking the law... More

Audit Notes: Dimon the Persecuted, Mitt’s Taxes, Minimum Wage

By Ryan Chittum   Jan 25, 2012 at 02:32 AM

Yesterday we heard press favorite Jamie Dimon sputtering about how swipe-fee regulations, which capped how much big banks could gouge... More

Mitt Romney’s Taxes

By Ryan Chittum   Jan 24, 2012 at 04:21 PM

All the major papers are devoting lots of resources to covering Mitt Romney's tax return, putting the national spotlight on... More

Audit Notes: Kim Dotcom and SOPA, Private Equity, Swipe Fees

By Ryan Chittum   Jan 23, 2012 at 07:58 PM

The Kim Dotcom story is fascinating, and not just because the FBI had to get dozens of cops in New... More

Patent Trolls 4 News Paywalls

Nathan Myhrvold makes some common errors about the newspaper industry

By Ryan Chittum   Jan 23, 2012 at 05:30 PM

As far as voices of support go, the news business probably wishes it could do better than a patent troll... More

How Sharing Disrupts Media

By Felix Salmon   Jan 23, 2012 at 01:45 PM

I’m at DLD in Munich, where David Karp of Tumblr and Samir Arora of Glam Media helped me understand the... More

Audit Notes: Justice’s Revolving Door, GE Probed, iBooks Author

By Ryan Chittum   Jan 20, 2012 at 09:43 PM

Reuters's Scot J. Paltrow reports that Obama's Attorney General Eric Holder and the head of his criminal division worked for... More

Two Days, Two Good Investigations From Mollenkamp

By Ryan Chittum   Jan 20, 2012 at 02:31 PM

Carrick Mollenkamp is getting his post-WSJ days off to quite the start. On Wednesday, he wrote, with Lauren Tara LaCapra... More

Audit Notes: News Corp. Coverup, GOP and the Unemployed, SOPA

By Ryan Chittum   Jan 19, 2012 at 09:24 PM

Murdoch's hacking scandal flared up again today, as News Corporation paid out millions of pounds worth of settlements to victims... More

On Debt, Mitt’s of Two Minds

A career built on it and a campaign that rails against it

By Ryan Chittum   Jan 19, 2012 at 12:08 PM

Jesse Eisinger has a smart New York Times column on how Mitt Romney, fittingly perhaps, is running on debt while... More

Audit Notes: Gapper on SOPA, Japan’s Papers, Credit Card Antitrust

By Ryan Chittum   Jan 18, 2012 at 09:24 PM

The reaction from internet evangelists over the Stop Online Privacy Act and the Protect IP Act has bordered on hysteria.... More