A Giant Among Giants
As it approaches a public offering, how Glencore—founded by the legendary fugitive March Rich—cornered the market for just about everything by working with dictators and spies.
As it approaches a public offering, how Glencore—founded by the legendary fugitive March Rich—cornered the market for just about everything by working with dictators and spies.
Ken Silverstein Foreign Policy Apr 2012 25min Permalink
The alchemy of predicting professional success, from quarterbacks to teachers.
Malcolm Gladwell New Yorker Dec 2008 25min Permalink
An uncertain future for the retailer.
"Sears was so powerful and so successful at one time that they could build the tallest building in the world that they did not need," says James Schrager, a professor of entrepreneurship and strategy at the University of Chicago's Booth School of Business. "The Sears Tower stands as a monument to how quickly fortunes can change in retailing, and as a very graphic example of what can go wrong if you don't 'watch the store' every minute of every day."
Brigid Sweeney Crain's Chicago Business Apr 2012 15min Permalink
On the relationship between Stanford and Silicon Valley.
Ken Auletta New Yorker Apr 2012 30min Permalink
On office chairs.
In the 1950s and '60s, the distinctions between rank found blunt expression in chair design, naming and price point; Knoll, for example, produced "Executive," "Advanced Management," and "Basic Operational" chairs in the late 1970s. Recall the archetypal scenes where the boss, back to the door, protected by an exaggerated, double-spine headrest, slowly swivels around to meet the eyes of his waiting subordinate, impotent in a stationary four-legger.
Hua Hsu Los Angeles Review of Books Apr 2012 Permalink
Inside the investigation that broke the biggest case of insider trading in history.
Devin Leonard Businessweek Apr 2012 20min Permalink
How a scandal involving sex, money and a Wiccan coven brought down yogi John Friend.
Vanessa Grigoriadis New York Apr 2012 25min Permalink
The expansion of private-security contractors in Iraq and Afghanistan is well known. But armed security personnel account for only about sixteen per cent of the over-all contracting force. The vast majority—more than sixty per cent of the total in Iraq—aren’t hired guns but hired hands. These workers, primarily from South Asia and Africa, often live in barbed-wire compounds on U.S. bases, eat at meagre chow halls, and host dance parties featuring Nepalese romance ballads and Ugandan church songs. A large number are employed by fly-by-night subcontractors who are financed by the American taxpayer but who often operate outside the law.
Sarah Stillman New Yorker Jun 2011 30min Permalink
In 1999, “original superagent” Leigh Steinberg represented 86 NFL athletes. His life today:
At age 63, Steinberg -- for years hailed as the real-life Maguire -- now finds himself a bankrupt, recovering alcoholic, plotting a comeback from the bottom. And before 10 p.m. tonight, as mandated by the California Bar Association, he must show that his urine is clean.
Daniel Roberts, Pablo S. Torre Fortune Apr 2012 15min Permalink
How KFC brought fried chicken to China and Africa as U.S. sales slumped.
Diane Brady Businessweek Mar 2012 10min Permalink
On the empire built by “Painter of Light” Thomas Kinkade.
Susan Orlean New Yorker Oct 2001 20min Permalink
Why dealing with the IRS is so difficult – and the woman charged with making it easier:
[Nina] Olson noted that the IRS relied on computers to audit all but the highest-income brackets. “We’re getting to a situation where the only people who will get face-to-face audits are the 1 Percent,” she said. “For the majority of taxpayers, the IRS has become faceless, nameless, with no accountability and no liability.”
Elizabeth Dwoskin Businessweek Apr 2012 15min Permalink
Matt Taibbi on Thomas Friedman.
Matt Taibbi New York Press Apr 2005 10min Permalink
The breathable outerwear industry is at war with Bob Gore—the inventor of Gore-Tex.
Mike Kessler Outside Mar 2012 20min Permalink
A profile of Red Bull’s Dietrich Mateschitz, who wants to make his drink a lifestyle. Mateschitz’s co-founder, Chaleo Yoovidhya, died March 17.
Duff McDonald Businessweek May 2011 Permalink
How Don Johnson won $15 million playing blackjack over a four-month period.
Mark Bowden The Atlantic Apr 2012 15min Permalink
The stories of four men who’ve lost their jobs and desperately want new ones.
Ryan D'Agostino Esquire Mar 2012 30min Permalink
A fiction writer buys and loses a house in Oakland.
Aimee Phan Guernica Mar 2012 15min Permalink
Anyone who wants to know what the Occupy Wall Street protests are all about need only look at the way Bank of America does business. It comes down to this: These guys are some of the very biggest assholes on Earth. They lie, cheat and steal as reflexively as addicts, they laugh at people who are suffering and don't have money, they pay themselves huge salaries with money stolen from old people and taxpayers – and on top of it all, they completely suck at banking. And yet the state won't let them go out of business, no matter how much they deserve it, and it won't slap them in jail, no matter what crimes they commit. That makes them not bankers or capitalists, but a class of person that was never supposed to exist in America: royalty.
Matt Taibbi Rolling Stone Mar 2012 30min Permalink
How the world’s biggest casino ran out of luck.
Michael Sokolove New York Times Magazine Mar 2012 25min Permalink
On a press junket in Ecuador, the author investigates the ethics of shopping.
Amanda Hess Good Mar 2012 Permalink
The unlikely story of Spanx.
Alexandra Jacobs New Yorker Mar 2011 20min Permalink
Interviews with modern travelling salesmen. The article inspired Kirn’s novel Up in the Air.
What makes this a truly military culture, besides its overwhelming maleness, its air of emotional deprivation and the lousy rations, is its obsession with rank and hierarchy. Like jungle gorillas, business travelers always know where they stand versus the rest of the group. In this parallel universe of upgrade vouchers and priority-boarding privileges, everyone has a number and a position, and who gets that open aisle seat in first class means even more on the road then who earns what.
Walter Kirn GQ Jun 2000 15min Permalink
A profile of the Bronx immigrant family on the other end of your Chinese takeout menu.
Kevin Heldman Capital New York Oct 2011 20min Permalink
People know Krugman these days as a feisty political polemicist, but back when he was less politically engaged he was absolutely one of the very finest popularizers of economic ideas ever. This piece is a wonderful, brief introduction to the fundamental economic forces driving the world and a lot of my current thinking is preoccupied with the questions it raises. Reading it again, I realized that a point I like to make about the elevator being a great mass transit technology is almost certainly something I subconsciously picked up here.
Paul Krugman New York Times Magazine Sep 1996 Permalink