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The Last Days of MF Global

“Jon Corzine had never had anything to do with the futures business, had never run a public company, and hadn’t worked on Wall Street for a decade. His time there had ended badly. But by any reasonable standard, the former Goldman chief seemed almost embarrassingly overqualified. Says Flowers: ‘It seemed like we had more CEO than company.’”

Hua Hsu writes for The New Yorker and is the author of A Floating Chinaman: Fantasy and Failure Across the Pacific.

“I remember, as a kid, my dad telling me that when he moved to the United States he subscribed to The New Yorker, and then he canceled it after a month because he had no idea what any of it was about. You know, at the time, it certainly wasn’t a magazine for a Chinese immigrant fresh off the boat—or off the plane, rather—in the early 70s. And I always think about that. I always think, ‘I want my dad to understand even though he’s not that interested in Dr.Dre.’ I still think, ‘I want him to be able to glean something from this.’”

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Taffy Brodesser-Akner is a staff writer at the New York Times and the author of Fleishman Is in Trouble: A Novel.

“As a profile writer, the skill I have is getting in the room and staying in the room until someone is like, ‘Why is this bitch still in the room? Get her out of there!’ It’s a journalistic skill that is not a fluffy skill. There are people who are always actively trying to prevent your story, prevent you from seeing it, from seeing the things that would be good to see. There’s a lot of convincing, comforting and listening going on. And there’s a lot of dealing with the fact that somebody in the middle of talking to you can suddenly decide that you are the worst. Those things are very tense and it’s a specific skill that I have that can defray all those things. Or it lets me stay.”

Thanks to MailChimp, Netflix, and Pitt Writers for sponsoring this week's episode.