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Showing @rebmco around #SantaBarbara. #Francesci mansion.

Showing @rebmco around #SantaBarbara. #Francesci mansion.

theatlantic:

Why Won’t Washington Take On Wall Street’s Biggest Crimes?

Yesterday, the judge in the SAC case accepted the firm’s plea deal with the Justice Department, in which the firm and its subsidiaries pled guilty to wire fraud and securities fraud and agreed to pay a $900 million penalty and $300 million in disgorged profits. The Southern District hailed the deal as the crowning victory in their multi-year campaign against insider trading, which notably has resulted in more than 70 convictions and exactly zero acquittals. Congratulations.
But what many of us want to know is: why, immediately after the most severe financial crisis in more than seventy years, which resulted in the loss of almost nine million jobs, did the Justice Department choose to train its heavy artillery on insider traders? Sure, insider trading is bad. It’s very rich people cheating to make themselves extravagantly rich. It should be illegal, and people should go to jail for it. But it’s far from the biggest thing wrong with our financial markets and institutions.
Read more. [Image: Reuters]

theatlantic:

Why Won’t Washington Take On Wall Street’s Biggest Crimes?

Yesterday, the judge in the SAC case accepted the firm’s plea deal with the Justice Department, in which the firm and its subsidiaries pled guilty to wire fraud and securities fraud and agreed to pay a $900 million penalty and $300 million in disgorged profits. The Southern District hailed the deal as the crowning victory in their multi-year campaign against insider trading, which notably has resulted in more than 70 convictions and exactly zero acquittals. Congratulations.

But what many of us want to know is: why, immediately after the most severe financial crisis in more than seventy years, which resulted in the loss of almost nine million jobs, did the Justice Department choose to train its heavy artillery on insider traders? Sure, insider trading is bad. It’s very rich people cheating to make themselves extravagantly rich. It should be illegal, and people should go to jail for it. But it’s far from the biggest thing wrong with our financial markets and institutions.

Read more. [Image: Reuters]

Weekly midnight pastrami reuben run to @canters … @rebmco you’re a trooper. #losangeles #fairfaxvillage  (at Canter’s Delicatessen)

Weekly midnight pastrami reuben run to @canters … @rebmco you’re a trooper. #losangeles #fairfaxvillage (at Canter’s Delicatessen)

Hit up a yard sale and got lucky. #fairfaxLA #midcentury #orange

Hit up a yard sale and got lucky. #fairfaxLA #midcentury #orange

theatlantic:

The 1 Thing Everybody Got Wrong About Twitter

… and, perhaps, about the rest of social media, too: “Mobile company” is not an oxymoron.
Read more. [Image: Reuters]

theatlantic:

The 1 Thing Everybody Got Wrong About Twitter

… and, perhaps, about the rest of social media, too: “Mobile company” is not an oxymoron.

Read more. [Image: Reuters]

theatlantic:

How Meditation Can Help Inmates

An ex-con tries to bring mindfulness to a state penitentiary.

Read more.

theatlantic:

The Danger of Telling Poor Kids That College Is the Key to Social Mobility

Higher education should be promoted to all students as an opportunity to experience an intellectual awakening, not just increase their earning power.
Read more. [Image: Matt Rourke/AP Images]

theatlantic:

The Danger of Telling Poor Kids That College Is the Key to Social Mobility

Higher education should be promoted to all students as an opportunity to experience an intellectual awakening, not just increase their earning power.

Read more. [Image: Matt Rourke/AP Images]

a picture is worth 1000 statistical summaries
The unexamined life is not worth living
–  socrates
Showing @rebmco around #SantaBarbara. #Francesci mansion.

Showing @rebmco around #SantaBarbara. #Francesci mansion.

theatlantic:

Why Won’t Washington Take On Wall Street’s Biggest Crimes?

Yesterday, the judge in the SAC case accepted the firm’s plea deal with the Justice Department, in which the firm and its subsidiaries pled guilty to wire fraud and securities fraud and agreed to pay a $900 million penalty and $300 million in disgorged profits. The Southern District hailed the deal as the crowning victory in their multi-year campaign against insider trading, which notably has resulted in more than 70 convictions and exactly zero acquittals. Congratulations.
But what many of us want to know is: why, immediately after the most severe financial crisis in more than seventy years, which resulted in the loss of almost nine million jobs, did the Justice Department choose to train its heavy artillery on insider traders? Sure, insider trading is bad. It’s very rich people cheating to make themselves extravagantly rich. It should be illegal, and people should go to jail for it. But it’s far from the biggest thing wrong with our financial markets and institutions.
Read more. [Image: Reuters]

theatlantic:

Why Won’t Washington Take On Wall Street’s Biggest Crimes?

Yesterday, the judge in the SAC case accepted the firm’s plea deal with the Justice Department, in which the firm and its subsidiaries pled guilty to wire fraud and securities fraud and agreed to pay a $900 million penalty and $300 million in disgorged profits. The Southern District hailed the deal as the crowning victory in their multi-year campaign against insider trading, which notably has resulted in more than 70 convictions and exactly zero acquittals. Congratulations.

But what many of us want to know is: why, immediately after the most severe financial crisis in more than seventy years, which resulted in the loss of almost nine million jobs, did the Justice Department choose to train its heavy artillery on insider traders? Sure, insider trading is bad. It’s very rich people cheating to make themselves extravagantly rich. It should be illegal, and people should go to jail for it. But it’s far from the biggest thing wrong with our financial markets and institutions.

Read more. [Image: Reuters]

Weekly midnight pastrami reuben run to @canters … @rebmco you’re a trooper. #losangeles #fairfaxvillage  (at Canter’s Delicatessen)

Weekly midnight pastrami reuben run to @canters … @rebmco you’re a trooper. #losangeles #fairfaxvillage (at Canter’s Delicatessen)

Hit up a yard sale and got lucky. #fairfaxLA #midcentury #orange

Hit up a yard sale and got lucky. #fairfaxLA #midcentury #orange

theatlantic:

The 1 Thing Everybody Got Wrong About Twitter

… and, perhaps, about the rest of social media, too: “Mobile company” is not an oxymoron.
Read more. [Image: Reuters]

theatlantic:

The 1 Thing Everybody Got Wrong About Twitter

… and, perhaps, about the rest of social media, too: “Mobile company” is not an oxymoron.

Read more. [Image: Reuters]

theatlantic:

How Meditation Can Help Inmates

An ex-con tries to bring mindfulness to a state penitentiary.

Read more.

truth.

(Source: machodadrandysavage, via theremina)

theatlantic:

The Danger of Telling Poor Kids That College Is the Key to Social Mobility

Higher education should be promoted to all students as an opportunity to experience an intellectual awakening, not just increase their earning power.
Read more. [Image: Matt Rourke/AP Images]

theatlantic:

The Danger of Telling Poor Kids That College Is the Key to Social Mobility

Higher education should be promoted to all students as an opportunity to experience an intellectual awakening, not just increase their earning power.

Read more. [Image: Matt Rourke/AP Images]

a picture is worth 1000 statistical summaries
The unexamined life is not worth living
–  socrates
"a picture is worth 1000 statistical summaries"
"The unexamined life is not worth living"

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ThroughImagesWordsSounds.Me.