As editor-in-chief of Variety, Peter Bart was one of the most powerful people in the entertainment industry. This piece got him suspended.
Thursday, August 11
Wednesday, August 10
An oral history of James Brown, from Macon to the top.
A profile of David Yerushalmi, the little-known Hasidic Jew from Brooklyn leading the campaign casting Islamic law as the greatest threat to American freedom since the cold war.
As Europe, led by Greece and Ireland and followed by Portugal and Spain, tumbles towards economic catastrophe, only one nation can save the continent from financial ruin: a highly reluctant Germany.
Tuesday, August 9
On America’s relationship with the right to bear arms, from the Founding Fathers to the Black Panthers and the Ku Klux Klan.
On William H. McMasters, who ten days after being hired as Charles Ponzi’s publicist wrote a scathing exposé in The Boston Post that revealed the biggest fraud, at the time, in American history.
It’s 11 p.m. when Larson at last agrees to meet me in the lobby of the Hampton Inn, next door to the Gurnee Grand. He’s just come out of a marathon closed-door meeting with his fellow exiled senators. Tall, gap-toothed, and handsome, but with a squished, broad nose, Larson appears in a fitted black overcoat, a sedate suit with a Wisconsin flag lapel pin, and an athletic backpack. He looks shockingly young, younger than his thirty years, and seems to be relieved that I am even a few years younger myself. We jump in my Chevy and head for the town’s late-night diner: Denny’s. By the time we settle into a booth, Larson has dropped the routine political affectations—the measured language, the approved talking points, the inauthentic humor. We’re cracking up comparing Republicans to evildoers on South Park and shit-talking mutual acquaintances in Milwaukee. And then, just as Larson is about to take a bite of his veggie burger, I ask the freshman senator if he is scared. “What would I be scared about?” he replies.
Monday, August 8
A profile of Phoenix Jones, real-life superhero.
By 2006, S&P was making its own study of such loans' performance. It singled out 639,981 loans made in 2002 to see if its benign assumptions had held up. They hadn't. Loans with piggybacks were 43% more likely to default than other loans, S&P found. In April 2006, S&P said it would raise by July the amount of collateral underwriters must include in many new mortgage portfolios. For instance, S&P could require that mortgage pools have extra loans in them, since it now expected a larger number to go bad. Still, S&P didn't lower its ratings on existing securities, saying it had to further monitor the performance of loans backing them. It thus helped the market for these loans hold up through the end of 2006.
The writer travels with his father to Iceland and Greenland:
It usually takes a week of traveling with Ed Tower before I’m seized by the tantrum-pitching impulse and can barely resist the urge to punch myself again and again in the face.