The Woman Who Knew Too Much
A profile of Elizabeth Warren.
A profile of Elizabeth Warren.
Suzanna Andrews Vanity Fair Nov 2011 25min Permalink
Retracing the early economic steps of the Obama administration.
Ezra Klein Washington Post Oct 2011 25min Permalink
Mr. Jobs's pursuit for aesthetic beauty sometimes bordered on the extreme. George Crow, an Apple engineer in the 1980s and again from 1998 to 2005, recalls how Mr. Jobs wanted to make even the inside of computers beautiful. On the original Macintosh PC, Mr. Crow says Mr. Jobs wanted the internal wiring to be in the colors of Apple's early rainbow logo. Mr. Crow says he eventually convinced Mr. Jobs it was an unnecessary expense.
Geoffrey Fowler, Yukari Iwatani Kane The Wall Street Journal Oct 2011 15min Permalink
From Vallejo to San Jose, a tour of local government despair:
The relationship between the people and their money in California is such that you can pluck almost any city at random and enter a crisis.
More Lewis: the complete financial disaster tourism series to date.
Michael Lewis Vanity Fair Nov 2011 45min Permalink
His complete financial disaster tourism series for Vanity Fair, to date.
Michael Lewis Vanity Fair Nov 2011 3h45min Permalink
On Jeff Bezos, Amazon, and the genesis of the Kindle.
Brad Stone Businessweek Sep 2011 15min Permalink
On the constantly evolving definition of insider trading and the lingering question of how inside traders should be punished.
Roger Lowenstein New York Times Magazine Sep 2011 20min Permalink
How an Italian thug looted MGM, brought Credit Lyonnais to its knees, and made the Pope cry.
Anne Faircloth, David McClintick Fortune Jul 1996 45min Permalink
On the marriage of Ponzi schemer Ken Starr and his fourth wife, Diane Passage, whom he met while she was dancing at a strip club.
Jessica Pressler New York Sep 2011 20min Permalink
The CEO of the US’s biggest bank doesn’t have much charisma or a track record, but he’s “doing as well as any little Dutch boy can—sticking his fingers in the dike.”
Dawn Kopecki, Paul M. Barrett Businessweek Sep 2011 20min Permalink
On the current state of the global economy and the inevitable decline of the U.K. and the U.S.:
A decade-long slowdown would accelerate this shift in global wealth and power and would be a grim thing to live through, but from a world-historical perspective it might not be a game-changer: it might just be the non-scenic route to the place we’re going anyway.
John Lanchester London Review of Books Sep 2011 10min Permalink
On September 11, 2001, three out of every four people who worked for Howard Lutnick died. The story of a recovery.
Susanne Craig New York Times Sep 2011 Permalink
A profile of Ken Robinson, who earned minor fame and more than a few enemies for the controversial way he “bought” his house:
The week after Robinson moved into the tan-sided home with a faux stone entrance and maroon shutters, he was soaring, an Internet hero a few levels shy of Steven Slater, the JetBlue flight attendant who last summer cracked a beer and left work on a plane's emergency slide. For $16, Robinson had filed paperwork with Denton County staking his claim to the abandoned home through an obscure Texas law called adverse possession. Ever since, curious visitors, beginner real estate investors and people who want an ultra-cheap home to fulfill their version of the American Dream have been knocking on his door for advice and a handshake.
Leslie Minora Dallas Observer Sep 2011 20min Permalink
According to a whistleblower, the SEC has been systematically destroying records of investigations for the last twenty years:
By whitewashing the files of some of the nation's worst financial criminals, the SEC has kept an entire generation of federal investigators in the dark about past inquiries into insider trading, fraud and market manipulation against companies like Goldman Sachs, Deutsche Bank and AIG. With a few strokes of the keyboard, the evidence gathered during thousands of investigations – "18,000 ... including Madoff," as one high-ranking SEC official put it during a panicked meeting about the destruction – has apparently disappeared forever into the wormhole of history.
Matt Taibbi Rolling Stone Aug 2011 20min Permalink
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.
Michael Lewis Vanity Fair Sep 2011 40min Permalink
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.
Cora Bullock Fraud Magazine Jul 2011 10min Permalink
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.
Aaron Lucchetti, Serena Ng The Wall Street Journal Aug 2007 10min Permalink
On the restauranteur behind New York’s Gramercy Tavern and Shake Shack.
Sean Wilsey New York Times Magazine Aug 2011 25min Permalink
How Tim Durham funded a libertine lifestyle—dozens of luxury cars, Playboy-themed parties, a plethora of failed businesses—on the backs of unwitting Ohioans, many of them Amish.
Annie Lowrey Businessweek Jul 2011 15min Permalink
In anonymous warehouses in Detroit, Goldman Sachs has hoarded a quarter of the world’s supply of aluminum, placing them firmly in control of trading on the London Metal Exchange.
Clare Baldwin, Melanie Burton, Pratima Desai, Susan Thomas Reuters Jul 2011 10min Permalink
A profile of under-fire Goldman Sachs Ceo Lloyd Blankfein.
Jessica Pressler New York Jul 2011 25min Permalink
An early profile of Mrs. Murdoch that made her husband very angry.
A profile of Rupert Murdoch from 1995, as he fought monopoly charges in the U.S. and U.K. and prepared to expand his empire into China.
Murdoch is a pirate; he will cunningly circumvent rules, and sometimes principles, to get his way, as his recent adventures in China demonstrate.
Ken Auletta New Yorker Nov 1995 40min Permalink
How Ray Dalio built the world’s richest and strangest hedge fund.
John Cassidy New Yorker Jul 2011 35min Permalink
Best Article Arts Business Tech Music
Is the streaming Swedish music service, now making its U.S. debut, the best shot the industry has at staying profitable and relevant?
Brendan Greeley Businessweek Jul 2011 20min Permalink