The Audit

Bloomberg News Oversells and Underperforms on Toyota’s Decline

By Ryan Chittum   Jan 11, 2011 at 02:38 PM

Bloomberg News has a good idea to do a step-back on Toyota and how it's faring a year after its... More

Audit Notes: Ibanez Implications, The Daley Problem, Sbarro Sliced

By Ryan Chittum   Jan 10, 2011 at 08:29 PM

The Ibanez verdict in Massachusetts Supreme Court is yet more confirmation that the foreclosure scandal will have serious repercussions for... More

The Wall Street Journal Plays Stenographer to Chris Christie

By Ryan Chittum   Jan 10, 2011 at 01:43 PM

Is this a news story in The Wall Street Journal or a press release from the Office of the Governor... More

The NYT Questions the Value of a Law Degree

By Felix Salmon   Jan 10, 2011 at 07:24 AM

David Segal is the best writer on the NYT's business desk, so it's a good thing that he was chosen... More

Audit Notes: Pension Woes, Inequality, Another Ratings Fiasco

By Ryan Chittum   Jan 7, 2011 at 07:42 PM

Yves Smith takes on the media's reporting on state pension woes: "If you live in the world according to the... More

Daley Latest in a Long Line of Business-Friendly Obama Picks

A “conciliatory” move in an administration that’s seen plenty of them

By Ryan Chittum   Jan 7, 2011 at 11:43 AM

The press is calling President Obama's appointment of JPMorgan Chase's William Daley as his new chief of staff a conciliatory... More

Audit Notes: Goldman’s Sophisticated Investors, Abacus Emails, Deindustrialization

By Ryan Chittum   Jan 6, 2011 at 10:14 PM

The New York Times gets an interesting scoop on the Goldman Sachs deal for a stake in Facebook—one that values... More

ProPublica Shows Merrill Paid Traders to Take Its CDOs

An important story on how Wall Street kept the bubble going

By Ryan Chittum   Jan 6, 2011 at 08:25 PM

I really hate when news organizations drop big stories over the holidays. For one, they have far less chance of... More

Hiltzik Takes on the FCC on the Comcast-NBC Deal

By Ryan Chittum   Jan 6, 2011 at 03:53 PM

John Dunbar has a must-read piece in the current issue of Columbia Journalism Review on why the Comcast-NBC Merger is... More

Vanity Fair’s Odd HuffPo Story

By Felix Salmon   Jan 6, 2011 at 07:17 AM

What to make of Bill Cohan's big Vanity Fair piece on a slightly skeevy lawsuit where a pair of Democratic... More

Audit Notes: Goldman and Facebook, Chainsaws, Hudson on Tax History

By Ryan Chittum   Jan 5, 2011 at 08:52 PM

Francine McKenna sums up the problem with Facebook's Goldman Sachs investment pretty succinctly over at Forbes: Facebook wants the public’s... More

Bloomberg Continues to Hit Corporate Tax Schemes

By Ryan Chittum   Jan 5, 2011 at 07:26 PM

Jesse Drucker of Bloomberg has been doing some excellent reporting of the corporate-tax system and how companies are manipulating it... More

WSJ Keeps an Eye on Bank Fees

Annual fees for debit cards could be next

By Ryan Chittum   Jan 5, 2011 at 01:48 PM

The Wall Street Journal does a good job today on how banks are plotting new fees to get around the... More

Audit Notes: Google v. Groupon, BofA Deal, The 99ers

By Ryan Chittum   Jan 4, 2011 at 11:31 PM

The Wall Street Journal's Shira Ovide writes that Google, spurned by Groupon despite its stunning $6 billion offer for the... More

Bank of America’s Sweet Deal on Fannie and Freddie

By Ryan Chittum   Jan 4, 2011 at 01:24 PM

The Washington Post got the best quote on the Bank of America settlement with Fannie Mae and Freddie Mac and... More