The Audit

Audit Notes: Don’t Buy Our Bonds!, Rail FAIL, Orszag to Citigroup

By Ryan Chittum   Dec 9, 2010 at 08:19 PM

New York Lieutenant Governor Richard Ravitch went off the reservation in a speech today, Bloomberg reports. First, he criticizes state... More

The Obama Administration’s Financial-Fraud Stunt Backfires

The press shows the feds’ numbers are phony and asks where the whales are.

By Ryan Chittum   Dec 9, 2010 at 10:20 AM

Boy, the Obama administration's slapdash PR effort to show it's cracking down on financial fraud sure looks to be failing—and... More

Audit Notes: Where Are the Coppers?, Obama and FDR, WSJ

By Ryan Chittum   Dec 8, 2010 at 08:41 PM

Is that the sound of a drumbeat coming out of Andrew Ross Sorkin's DealBook? Sorkin wrote a great piece yesterday... More

The New York Times Demonizes the Bond Market

By Felix Salmon   Dec 8, 2010 at 03:22 PM

Did you know there's a fight to the death going on in Europe? The NYT covers it today, under the... More

The NYT Shows Why Cuomo’s After Rattner

Emails show ex-private-equity investor and car czar misled investigators early in the probe

By Ryan Chittum   Dec 8, 2010 at 02:33 PM

The New York Times fronts an excellent story on the Steven Rattner scandal this morning. If you wondered why Andrew... More

Andrew Ross Sorkin: Fraud Triggered the Financial Crisis

A more important statement than you might think from the NYT’s Wall Street guy

By Ryan Chittum   Dec 8, 2010 at 09:19 AM

There was a tough column in The New York Times yesterday on how the feds' are going after the minnows... More

Slate Takes on Amazon’s Unfair Advantage

The retailer manipulates nexus law to give customers tax breaks competitors can’t offer

By Ryan Chittum   Dec 8, 2010 at 02:01 AM

Slate's Farhad Manjoo wrote last month about how online retailers like Amazon get a huge unfair advantage over their bricks... More

The $100 hamster wheel

By Felix Salmon   Dec 7, 2010 at 10:26 AM

Back on October 1, the Fed put out a short, bland press release announcing "a delay in the issue date... More

NYT, Jamie Dimon, and Too Big to Fail

By Ryan Chittum   Dec 6, 2010 at 07:22 PM

Felix Salmon already dissected Roger Lowenstein's, as he called it, "credulous" New York Times Mag profile of press favorite Jamie... More

Can Rolling Stone Claim Blankenship’s Scalp?

By Felix Salmon   Dec 6, 2010 at 04:59 PM

Can Rolling Stone claim another scalp? Six months after ending the career of Stanley McChrystal, Rolling Stone published Jeff Goodell's... More

Michael Kinsley Takes Issue with an Audit Criticism

By Ryan Chittum   Dec 6, 2010 at 04:42 PM

Michael Kinsley writes to say I missed the point of his column asking "Are we poorer than we used to... More

Crain’s Calls Out the Bank of New York

By Felix Salmon   Dec 6, 2010 at 12:55 PM

With Peter Eavis having left the WSJ, who will join Jonathan Weil and David Reilly in taking on the job... More

A Credulous NYT Piece on Dimon

By Felix Salmon   Dec 6, 2010 at 08:31 AM

I'm not a huge fan of Roger Lowenstein's NYT Magazine piece on Jamie Dimon, which comes complete with a positively... More

The Second-Day Fed Bailouts Coverage

From good to okay to non-existent

By Ryan Chittum   Dec 3, 2010 at 07:31 PM

And just like that, the Federal Reserve bailout story disappears from the pages of The Wall Street Journal. There's not... More

Business Insider and Financial Press Sensationalism

Henry Blodget & Co. stroke the id of the Internet

By Ryan Chittum   Dec 3, 2010 at 12:37 PM

What business press readers always lacked but never really needed was a tabloid sensationalist to hype up mundane markets and... More