Street Cop
A profile of Mary Jo White, the chair of the Securities and Exchange Commission, who is making a name for herself as a tough enforcer. But when it comes to regulating, can White keep Wall Street in check?:
As the country sank into a severe recession, many wondered why the major figures in the financial world, whose firms had received billions of taxpayer dollars at the height of the crisis, weren’t being punished for their misdeeds. Because the S.E.C.—unlike the Treasury or the Federal Reserve—is an enforcement agency, it became the focus of the frustration. It was publicly humiliated when, in 2009, and again in 2011, a federal judge in New York, Jed Rakoff, tartly rejected its proposed settlements in fraud investigations of Bank of America and Citigroup. The Bank of America settlement, Rakoff wrote, “does not comport with the most elementary notions of justice and morality.” Rakoff’s Citigroup opinion concluded with a flourish: “In much of the world, propaganda reigns, and truth is confined to secretive, fearful whispers. Even in our nation, apologists for suppressing or obscuring the truth may always be found. But the S.E.C., of all agencies, has a duty, inherent in its statutory mission, to see that the truth emerges; and if it fails to do so, this Court must not, in the name of deference or convenience, grant judicial enforcement to the agency’s contrivances.” As one person who worked in the S.E.C.’s enforcement division put it when I spoke to him, “Judge Rakoff was wagging a finger at the S.E.C.” He raised his middle finger.
Orders of Grief: Newtown, 11 Months Later
The tragedy at Sandy Hook Elementary brought an outpouring of sympathy and money from around the world—and along with it, a new set of complications for the grieving families:
The biggest fund by far was the one set up by 9 p.m. the day of the attack, under the auspices of the United Way of Western Connecticut. By April, it held $11 million, and local psychiatrist Chuck Herrick was named president of the board of the fund, a position that has made him one of the most unpopular men in town. It was Herrick, along with a handful of others, who had to help calculate the disbursements to the parents of murdered children, and who had to defend those calculations when the bereaved accused the United Way of being unfair, insensitive, condescending, elitist, paternalistic and, in a mantra recited by the grieving, of “raising money on the backs of our dead.”
Reading List: What We Believe
This week’s reading list explores religious freedom and our different beliefs.
Studying Chinese to Reach His Parents
A son of Chinese immigrants learns his parents’ native tongue to learn more about who they are and where they came from:
Since we last met, a lot has happened for Daniel. He is taking intermediate Mandarin — not all that close to Shanghainese, but it’s available. And he spent a summer interning in China. He tells me the trip helped him feel “more Chinese” and opened communication with his mom. During a several-week stay at home after the internship, through broken conversation, he learned about her youth in a fishing village near Shanghai during the Cultural Revolution. She even showed him a picture of her as a teenager, holding what Daniel understood to be Mao’s “Little Red Book.”
Him and Her
A Longreads Guest Pick from Rebecca Hiscott, a graduate student at NYU and a features writer for Mashable:
“I’m still marveling at ‘Him and Her’ by Mark Harris from the Oct. 14 issue of New York magazine. The piece is both a nuanced profile of director Spike Jonze — despite Joaquin Phoenix’s stony-faced cameo on the cover — and an eye into the making of Her, the quasi-sci-fi movie that aspires to be ‘a cautionary meditation on romance and technology’ and ‘a subtle exploration of the weirdness, delusiveness, and one-sidedness of love.’ The narrative follows Jonze through the process of writing, shooting and editing the film, and his subsequent efforts to correct a cinematic gamble that hasn’t paid off. Harris’s lush prose mimics Jonze’s aesthetic as a filmmaker, which the author describes as ‘disarmingly sincere, and melancholy in surprising places”; the article also has an evocative opening scene that perfectly captures the spirit of the film and its enigmatic director.”
Center Of The Universe
A former marine recalls an experience with someone he believes was a notorious serial killer 33 years ago:
At my keyboard, I recognized Randy Kraft immediately—the chin, the eyes, the eyebrows, the expressions. It would have been shocking to recognize an acquaintance as a serial killer under any circumstance, but recognizing Kraft as the guy I met on that long-ago afternoon took my breath away for days.
You blink. You look again. You look at other photos. You wonder if you’re being melodramatic, if your memory is faulty. You wonder if people will believe you, or simply think your imagination has run away with you. You wonder if there is a class of neurotic people who make up false accounts of run-ins with serial killers. You realize that to be true to your story and yourself, you can’t let what you are reading create false memories.
Almost Without Hope: The State of Health Care on the Rosebud Indian Reservation
Native Americans were promised health care by the government, but what are they really getting? A visit to the Rosebud Indian Reservation in South Dakota, where health services are underfunded, suicide rates are high, and the life expectancy is just 46 years:
It’s well-documented that the government’s attempts to meet its obligations to the Native Americans have failed miserably; the primary cause is insufficient funding. Currently, prisoners receive significantly higher per capita health-care funding than Native Americans. The U.S. Commission on Civil Rights reports the federal government spends about $5,000 per capita each year on health care for the general U.S. population, $3,803 on federal prisoners and $1,914 on Indian health care.
Stranger in a Strange Land: A Very Personal History of ‘Ender’s Game’
Rany Jazayerli reflects on his early discovery of Ender’s Game, what it taught him about empathy and about himself, feeling isolated as a young Muslim in the Midwest. And it’s the characters’ empathy that made the anti-gay views of the book’s author, Orson Scott Card, so troubling:
That endless loneliness is what makes it so easy to root for Ender. Card is so deeply sympathetic, so deeply empathetic to Ender’s plight that the reader can’t help but feel the same way. It’s what makes the book essential reading for every kid who has walked away from the protective embrace of his or her parents, which is to say every kid who has ever hit puberty. To be young is to feel alone, like an outcast, like a misfit. Adolescence is alienation.
A Fish for Our Time: The Mystery of the Coelacanth
Inside the quest to understand whether the coelacanth is an early ancestor to tetrapods:
The Coelacanthus fossils caused a stir in the scientific world, particularly after the publication of Charles Darwin’s “On the Origin of Species” in 1859. In the coelacanth’s lobed fins, palaeontologists thought they saw clues to the identity of the “missing link”, the first fish that crawled out of the sea to evolve into amphibians, reptiles, mammals and, eventually, man. They postulated that the lobed fins of the fossil coelacanths suggested that they were the ancestor of the first fish that crawled out of the sea. Others put their money on the lungfish, the first living specimen of which had been discovered in the Amazon in the 1830s by Johann Natterer, a Viennese naturalist.
College Longreads Pick: ‘The End of the Waffle House’ by Jessica Contrera, Indiana University
Every week, Syracuse University professor Aileen Gallagher helps Longreads highlight the best of college journalism. Here’s this week’s pick.
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