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Why Isn't Wall Street In Jail?

Why Isn’t Wall Street In Jail? Over drinks at a bar on a dreary, snowy night in Washington this past month, a former Senate investigator laughed as he polished off his beer. “Everything’s fucked up, and nobody goes to jail,” he said. “That’s your whole story right there. Hell, you don’t even have to write […]

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Depending where you fall on the spectrum between civil liberties absolutism and homeland security lockdown, Palantir’s technology is either creepy or heroic. Judging by the company’s growth, opinion in Washington and elsewhere has veered toward the latter. Palantir has built a customer list that includes the U.S. Defense Dept., CIA, FBI, Army, Marines, Air Force, […]

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Howard Riefs: My Top Longreads of 2011

Howard Riefs is a prolific Longreader and a communications consultant in Chicago.  *** It was another strong year for long-form content and journalism. There was no shortage of attention-grabbing longreads in traditional media, online-only outlets, alt-weeklies and literary journals—both in the U.S. and abroad, and written as profiles, personal essays, historical accounts and op-eds. And […]

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Businessweek's Sheelah Kolhatkar: My Top 5 Longreads of 2011

Sheelah Kolhatkar is features editor at Bloomberg Businessweek. *** Some of my favorite non-Businessweek features that were published this year: “Lost at Sea,” Jon Ronson, The Guardian This piece combines a genre I love—the gritty crime story—with the utter weirdness of the cruise ship industry. Apparently people disappear from cruise ships all the time, but […]

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U.S. soldiers returning home face a culture that doesn’t understand them: The 1 percent tends to be concentrated in the southern states and among the working and lower-middle classes. With a few notable exceptions—such as vice-president Joe Biden’s son Beau—the children of the elite have not served in these wars. It’s a sharp change from […]

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The Bank of England’s Andrew Haldane on banking, risk and how to bring social and financial equity back into the system: Consider the effects of the too-big-to-fail problem on risk-taking incentives. If banks know they will be bailed out, those holding their debt will be less likely to price the risk of failure for themselves. […]

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Which would be worse: Iran developing a nuclear weapon, or waging a war to prevent it? An examination of both scenarios:  Given the momentousness of such an endeavor and how much prominence the Iranian nuclear issue has been given, one might think that talk about exercising the military option would be backed up by extensive […]

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