Libor scandal: the bankers who fixed the world’s most important number
A look deep inside the Libor scandal that reads like a Hollywood clich of corporate malfeasance.
A look deep inside the Libor scandal that reads like a Hollywood clich of corporate malfeasance.
This extraordinary piece, spanning the Iraq War right up to the present day, takes up an entire issue of New York Times magazine and is the result of 18 months of reporting.
James Madison, 4th President of the United States, wrote this essay on how to mitigate the “mischiefs of faction” in government in 1787. He noted the need to find balance – “In the first place, it is to be remarked that, however small the republic may be, the representatives must be raised to a certain number, in order to guard against the cabals of a few; and that, however large it may be, they must be limited to a certain number, in order to guard against the confusion of a multitude.” http://www.bit.ly/yale-madison
This story of how an inside man perpetrated a huge fraud on McDonald’s multi-million dollar Monopoly sweepstake is made for cinema. It in fact appears likely to make it to the big screen, as Matt Damon and Ben Affleck are reported to have started work on a film version.
A 2017 profile of the much loved broadcaster and writer Anthony Bourdain, who died this week.
A piece examining the somewhat terrifying possibility of entirely algorithmically driven cultural tastes, from fashion to art, music, food, home decor and more. It asks what our response is to the central promise of recommendation algorithms “If you like this, you will get more of it, forever” and the new value exchanges that are their outcome.
The story of a retiree couple that succeeding in cracking the lottery, through a mixture of maths and the hard graft required to buy thousands upon thousands of tickets. It was almost plain sailing – until they ran into some competition.
McMafia author Misha Glenny digs into the sophisticated organised crime networks behind the rhino poaching trade.
An exit interview with a politician who has had a fascinating arc – a popular and successful first term and an increasing national profile leading into scandal, crash and burn. The piece offers genuine insight into the psyche of a political operator.
A profile of George Osborne and his renewed lease of political life as editor of the Evening Standard. The piece contains insider comment including a memorable line they report the former chancellor throwing out about Theresa May – that he won’t stop until she is “is chopped up in bags in my freezer”.