The rapacity of companies with monopolistic power, and their ability to have their way with the government, got her thinking about the big American systems.
The source of his unhappiness was, as usual, other people.
The subprime mortgage machine was up and running again, as if it had never broken down in the first place. If the first act of subprime lending had been freaky, this second act was terrifying. Thirty...
The upper classes of this country raped this country. You fucked people. You built a castle to rip people off. Not once in all these years have I come across a person inside a big Wall Street firm who...
The way the creative process works is that .you first say something, and later, sometimes years later, you understand what you said.
There was a rift in American life that was now coursing through American government. It wasn’t between Democrats and Republicans. It was between the people who were in it for the mission, and the peop...
This conceit went hand in glove with the investment bankers’ belief that they could control their destiny, which, as we shall see, they couldn’t.
What are the odds that people will make smart decisions about money if they don't need to make smart decisions--if they can get rich making dumb decisions? The incentives on Wall Street were all wrong...
What happened was that everyone in Ireland had the idea that somewhere in Ireland there was a little wise old man who was in charge of the money, and this was the first time they’d ever seen this litt...
When someone says something, don’t ask yourself if it is true. Ask what it might be true of. That
When you are a pessimist and the bad thing happens, you live it twice, Amos
With every stroke of their keyboards they hacked a path through the forest that others would be required to follow.
After the meeting, RBC conducted a study, never released publicly, in which they found that more than two hundred SEC staffers since 2007 had left their government jobs to work for high-frequency trad...
After the war Avi, by then twenty-two years old, finally decided what he would study: psychology. Had you asked him just then why he picked psychology, I would say I want to understand the human soul....
Alcoa, the biggest aluminum company in the country, encountered two problems peculiar to Iceland when, in 2004, it set about erecting its giant smelting plant. The first was the so-called hidden peopl...
And who would deny that the consumer demand for ever more stuff at ever cheaper prices is one of the great deterministic forces in history?
BAFU. Billions and All Fucked Up.
Both the Environmental Protection Agency and the Department of the Interior removed from their websites the links to climate change data. The USDA removed the inspection reports of businesses accused...
By changing the context in which two things are compared, you submerge certain features and force others to the surface.
Courage is a hard thing to figure. You can have courage based on a dumb idea or mistake, but you're not supposed to question adults, or your coach or your teacher, because they make the rules. Maybe t...
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