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Michael Lewis, Graydon Carter and the Legacy of Portfolio
The A.I.G. Financial Products unit is to the global financial crisis what rickety levees were to Hurricane Katrina. But as Michael Lewis points out in his excellent article in the latest issue of...
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Matt Taibbi vs. the Giant Vampire Squid
If you’re searching for a new Gordon Gekko, someone who personifies the financial bungee jump Wall Street just took us all on, John Thain should not be your first choice. And not just because he acts...
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Kids Who Commute to High School on the Company Jet (and Other Tales from the...
You won’t find Michelle Leder anywhere on Mediaite’s Power Grid, so Anna Wintour needn’t watch her back. Even obsessed media watchers likely have never heard of Leder’s site, footnoted.org. But if you...
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The Madoff Prison Interview, Part I.
Bernie Madoff gave his first prison interview (sorry Barbara, Diane, Matt) to the lawyer representing the victims suing his wife, sons, and brother, but it was something of a dud. San Francisco lawyer...
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Economist Envy: The Newsweekly Every Editor Wants to Imitate (and can’t)
In October, 1991, James Fallows wrote a hilarious takedown of the Economist that ran in the Washington Post’s Outlook Section. The essay attempted to explain why perfectly intelligent people, like...
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