The Audit

The Repatriation Tax Holiday and American Jobs

By Ryan Chittum   Aug 23, 2011 at 03:13 PM

The Washington Post is good to point out that some of the big American companies pushing the government for a... More

Bloomberg News on the Fed’s Secret Mega-TARP

By Ryan Chittum   Aug 22, 2011 at 05:55 PM

Back when our late pal Mark Pittman and Bloomberg sued the Federal Reserve to force it to disclose secret details... More

Hewlett-Packard and the M&A Scoop

By Felix Salmon   Aug 22, 2011 at 11:55 AM

The death of the M&A scoop is going to happen slowly, but frankly it should happen as quickly as... More

Audit Notes: Welcome to America, Supercookies, Leon Black’s Blowout

By Ryan Chittum   Aug 19, 2011 at 08:01 PM

It's a national embarrassment when students from places like China, Nigeria, Romania and Ukraine come to the United States for... More

Jon Stewart On Fox’s Reverse Class Warfare

Meantime, the Journal notes leading GOP candidates want to raise taxes… on the poor

By Ryan Chittum   Aug 19, 2011 at 03:48 PM

Yesterday, The Daily Show had one of Jon Stewart's greatest takedowns of Fox News—which is saying something. The jumping-off point... More

Matt Taibbi vs. the SEC

Rolling Stone gets no credit from most of the press for a huge scoop

By Felix Salmon   Aug 19, 2011 at 10:58 AM

Matt Taibbi’s 5,000-word exposé of the SEC’s document-shredding is a magnificent piece of journalism, and is the first and last... More

Audit Notes: The Milken Memory Hole, The Ax Murder and the NotW, Yahoo

By Ryan Chittum   Aug 19, 2011 at 12:28 AM

Mother Jones's Nick Baumann catches the Los Angeles Times and the Associated Press in some poor journalism. A businessman gives... More

News Corp. Buries a Whistleblower

A case study in Rupert Murdoch’s corporate culture

By Ryan Chittum   Aug 18, 2011 at 05:07 PM

What happens when a low-level Rupert Murdoch employee blows the whistle on criminal wrongdoing? He gets harassed and destroyed by... More

A Wall Street Journal Error Undermines a Story’s Premise

But even after a correction, its readers almost surely don’t know that

By Ryan Chittum   Aug 17, 2011 at 03:38 PM

Here's a good example of how corrections can fail to fix misimpressions created by the original error. In this case,... More

Audit Notes: Banker’s Good FHA Work, FBI’s Small Fry, Michael Barone

By Ryan Chittum   Aug 16, 2011 at 08:20 PM

The American Banker's Jeff Horwitz has another excellent report on the Federal Housing Administration and its former commissioner David Stevens,... More

Damning New Evidence in the News Corp. Hacking Scandal

Payments to a convict began one month after a letter reminded execs he’d kept his mouth shut

By Ryan Chittum   Aug 16, 2011 at 03:13 PM

You know, it's a serious problem when you can't trust a word said by one of the very biggest owner... More

Audit Notes: One Termer, HAMP Dwindles, The Crisis Narrative Shift

By Ryan Chittum   Aug 15, 2011 at 08:15 PM

These two graphs from an NYT story this weekend pretty much show why Barack Obama is going to be a... More

The Free Press Probes Fannie and Freddie

The giant bailout recipients are dumping inventory in Detroit and pushing foreclosures over modifications

By Ryan Chittum   Aug 15, 2011 at 05:55 PM

A Detroit Free Press investigation raises some interesting questions about why government-owned Fannie Mae and Freddie Mac are pushing foreclosures... More

Why the NYT Paywall Isn’t Like the FT’s

By Felix Salmon   Aug 15, 2011 at 02:32 PM

Fred Wilson has nice things to say about my analysis of the NYT paywall—thanks, Fred!—but it’s worth teasing out one... More

How the NYT Paywall Is Working

By Felix Salmon   Aug 15, 2011 at 02:22 PM

When I wrote about the success of the NYT paywall last month, I got a lot of pushback in... More