Barber misses some stuff here—he should have pointed out the whiffing on the Wall Street/mortgage industry nexus, the “boiler rooms” The Audit’s Dean Starkman and others have written about.

But we’ll take what we can get.

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Ryan Chittum is a former Wall Street Journal reporter, and deputy editor of The Audit, CJR's business section. If you see notable business journalism, give him a heads-up at rc2538@columbia.edu. Follow him on Twitter at @ryanchittum.