Tax Arcana
Caribbean tax shelters suddenly shocked that they have crippling deficits
bloomberg.com
Discussion
Crime And/Or Punishment
Former Goldman director Rajat Gupta gets 2 years in prison for insider trading
dealbook.nytimes.com
Discussion
Startups
"What Silicon Valley still calls 'Disruption' has evolved into something very sinister indeed"
pandodaily.com
Discussion
New Normal
Neither candidate has discussed America's biggest challenge: A decade of income stagnation
nytimes.com
Discussion
Reuters
Counterparties Edited by Felix Salmon & Ryan McCarthy
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Long Reads
Long Reads
Nate Silver and the renaissance of political prediction markets
blogs.reuters.com
Discussion
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felix salmon:
“Silver doesn’t think what he does for a living is complex, which is why he compares it to rocket science”: http://t.co/6NBId6M4
Long Reads
Romney's Bain helped Philip Morris find a new generation of "replacement smokers"
huffingtonpost.com
Discussion
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delong:
Mitt Romney's Bain Helped Philip Morris Get U.S. High Schoolers Hooked On Cigarettes http://t.co/thxP5Z1l
Long Reads
How Bain made millions convincing Russians to smoke
huffingtonpost.com
Discussion
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Ryan McCarthy:
How Bain made millions convincing Russians to smoke http://t.co/3zaZ07kR by @jasoncherkis @zachdcarter
Long Reads
Taleb on Rubin: "Nobody on this planet represents more vividly the scam of the banking industry"
businessweek.com
Discussion
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Long Reads
The giant medical company that ran illegal, deadly bone cement tests on humans
features.blogs.fortune.cnn.com
Discussion
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Max Abelson:
"One of the wealthiest men in the world," Johnson & Johnson, cement, and "experimenting on humans," from @MINAKIMES! http://t.co/VsVMQx8x
Long Reads
Michael Lewis's huge new Vanity Fair profile of President Obama
vanityfair.com
Discussion
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Ben Smith:
thread that runs thru Lewis Obama profile is political importance that no Americans got hurt in Libya via @thegarance http://t.co/iNEDa3oJ
Long Reads
"There's no such thing as an assault rifle" - Where America shops for guns
gq.com
Discussion
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It's an election year and gun sales are soaring again
Long Reads
The problem with billionaire "donor maintenance"
newyorker.com
Discussion
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Long Reads
"As a political issue, especially during this presidential campaign season, poverty has receded almost to silence"
nytimes.com
Discussion
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LindseyChrist
"Three years ago, just one [NYC] school had 100% poverty. Now 5 do. In 2009, 15 schools had 97% poverty or more. Now 43 schools do."
Long Reads
A mega-mall isn't all -- the multi-billion dollar business of the Mormon Church
businessweek.com
Discussion
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Binyamin Appelbaum:
"When it came time to cut the mall’s flouncy pink ribbon [Mormon Pres.] Monson cheered, '1, 2, 3—let’s go shopping!'” http://t.co/qNsWC2E1
The River
Wonks
1 hrs ago
3 Sources
The nature of UK austerity
Wonks
2 hrs ago
10 Sources
Rogoff: Why technology won't kill jobs
Cephalopods
2 hrs ago
1 Sources
Lloyd Blankfein: "Nobody can flagellate themselves as well as Goldman"
Wonks
2 hrs ago
1 Sources
"Debt-based systems are inherently inflexible and lead to crises"
Inefficient Markets
10/24
FactSet misinterprets facts
Defenestrations
10/24
White House quietly saying it will oust Fannie's regulator after election
Strangely existential
10/24
Behavioral economics suggests that your brain thinks of your future self as a stranger
Politicking
10/24
2 Sources
Obama knows his Reinhart & Rogoff: "Recessions that follow a financial crash...are not regular recessions"
Official Statements
10/24
1 Sources
Americans misunderstand how much time bankers spend reading to children
New Normal
10/24
2 Sources
Obesity is up in nearly every age group in the US over the last 4 years
Bubbly
10/24
1 Sources
Prime real estate in Mecca now sells for $18,000 per square foot
Lies of Omission
10/24
1 Sources
Another Breguet goes missing in Russia
Explainers
10/24
2 Sources
Matt Levine on how derivatives help banks get around regulation
Amazing
10/24
1 Sources
The politics of Dillon, Texas
EU Mess
10/24
3 Sources
Mervyn King: There won't be a recovery until banks recapitalize
Facebook
10/24
Facebook mobile revenue has suddenly exploded
Stories We're Not Linking To
"Barack Obama has offended the bayonet community... TMZ has learned"
Top Sources