The Audit

Bloomberg Markets Finds the Rich Taking From the Poor

By Ryan Chittum   Feb 8, 2011 at 11:52 AM

Bloomberg Markets has a terrific investigation into how a federal program meant to spur redevelopment in poor areas is funneling... More

Audit Notes: A Disney Delivery, Tribes and Payday Loans, HuffPo/AOL

By Ryan Chittum   Feb 7, 2011 at 06:57 PM

The New York Times reports that Disney is trying to capitalize on the massive baby market by infiltrating the hospital... More

The Huffington Post’s Tainted Money

The befuddled legacy customers of AOL fund a bubble-era premium for Arianna & Company

By Ryan Chittum   Feb 7, 2011 at 05:12 PM

Say what you will about Arianna Huffington's decision to sell out to AOL—and we will below—she's no dummy. Of the... More

Bloomberg Examines Louisiana’s Laissez-Faire Oil Regulators

Spills go unpenalized 99 percent of the time and the state’s fines are a joke

By Ryan Chittum   Feb 4, 2011 at 12:13 PM

Bloomberg has an excellent investigation into Louisiana's oil regulators, finding that the state fines oil companies for oil spill less... More

Audit Notes: It’s Wall Street’s Deficit, Dimon Steps In It, Red-Faced Mortgage Bankers

By Ryan Chittum   Feb 3, 2011 at 07:45 PM

Simon Johnson looks at the "Ruinous Fiscal Impact of Big Banks" over at The New York Times's Economix blog: First,... More

WSJ on Harry Markopolos’ Whistleblowing Shell Companies

By Ryan Chittum   Feb 3, 2011 at 12:04 PM

The Wall Street Journal has a very interesting scoop this morning on a lawsuit accusing banks of gouging pensioners and... More

Beware the WSJ’s Pay Statistics

By Felix Salmon   Feb 3, 2011 at 10:00 AM

This is getting to be a habit: today's WSJ article claiming that Wall Street pay has hit a new record... More

Audit Notes: Hacked Off Tabs, A Mirage Economy, Wall Street’s Record Pay

By Ryan Chittum   Feb 2, 2011 at 07:34 PM

The New York Times has another interesting story on News Corporation and its hacking scandal, this time reporting on a... More

Leonhardt’s Good Look at the Corporate Tax Landscape

By Ryan Chittum   Feb 2, 2011 at 06:27 PM

David Leonhardt gives us a nice roundup of the corporate-tax issue, which you're bound to be hearing a lot more... More

Audit Notes: Hamster Wheel Manifesto, Shorts and the Bubble, Economy Picks Up

By Ryan Chittum   Feb 1, 2011 at 07:58 PM

Business Insider got hold of an AOL document laying out the company's "master plan" for its content farm. I think... More

Some Very Bad Housing Advice in The Philly Inquirer

By Felix Salmon   Feb 1, 2011 at 07:19 PM

Erin Arvedlund -- yes, that Erin Arvedlund -- has a pretty crazy column in the Philadelphia Inquirer, under the headline... More

Bloomberg News Pops the Meredith Whitney Bubble

The analyst can’t back up key 60 Minutes assertions that worsened a muni-bond panic

By Ryan Chittum   Feb 1, 2011 at 01:50 PM

Bloomberg News lands some real blows on analyst Meredith Whitney in a terrific story this morning. Whitney, famously—or infamously—went on... More

Audit Notes: WSJ on BP, U.S. Props Up Egypt’s Mubarak, NFL Subsidies

By Ryan Chittum   Jan 31, 2011 at 08:24 PM

The Wall Street Journal continues to lead on the BP disaster. It reported this weekend on emails showing that land-based... More

Just How Anti-Gay Marriage is That Chikin?

By Ryan Chittum   Jan 31, 2011 at 07:36 PM

The New York Times' story in yesterday's paper about the Southern chicken chain Chick-fil-A leaves much to be desired. Here's... More

Bloomberg Talks to a Cassandra at Davos

By Ryan Chittum   Jan 31, 2011 at 12:56 PM

I really like how Bloomberg puts together this story on a financial consultant warning the end is nigh from the... More