Posts Tagged ‘ The Audit ’

By Ryan Chittum So Citigroup misleads investors in 2007 about tens of billions of dollars of subprime assets it would eventually take huge losses on, and the SEC settles with it for $75 million. Citi shareholders (which very much include you a...
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By Ryan Chittum The SEC is charging the billionaire Wyly brothers with a massive fraud involving $550 million in ill-gotten gains from a scheme it says involved insider trading, overseas accounts, and front companies Big story, no? But how big...
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WaPo’s Story Lab experiment fizzles
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By Ryan Chittum The Washington Post had a good story last week looking at the striking disparities between autoworkers who were on the line before the crisis and those who started after unions agreed to slash wages for new hires. About half ma...
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The national press is slow off the mark on the huge oil spill in Michigan
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By Ryan Chittum The Wall Street Journal is terrific this morning to throw the spotlight on the seedy cottage industry that feeds off the overdraft-fee racket. Starting on the 15th, banks won't be able to charge their $35 overdraft fees (which ...
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By Ryan Chittum Kevin Hall of McClatchy has a great scoop on Moody's CEO's suspiciously timed stock sales. In one case, CEO Ray McDaniel sold 100,000 shares of Moody's stock on the same day that the Securities and Exchange Commission notified ...
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By Ryan Chittum Matt Yglesias is defending the interchange industry, which transfers money from the poor to the rich—all through hidden fees. Once you keep in mind the fact that the median household income in 2008 was slightly above $52,...
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By Ryan Chittum The Wall Street Journal's approach to charging the iPad has been the smartest of any of the media. The Journal app is free in the iTunes store, so you can download it and check it out. Even after a trial period is over,...
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Economists' analysis brings welcome data to stimulus debate
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