Sublime

Within a few years as U.S. Attorney, Giuliani was probably the nation’s best-known crime-fighter since J. Edgar Hoover. That was due both to how many important convictions he secured and to his genius for promoting them. Though Giuliani expanded the U.S. Attorney’s office to 132 assistants, he presented himself as the iconic figurehead of that offi

Ivar’s grand idea was to do just what Harley had done, except with matches instead of South Seas trade. Ivar would lend money to the governments of Europe in exchange for a monopoly concession for the production and sale of matches within their territories. It was a brilliant concept. There was one immediate problem, though: Ivar didn’t have enough

The non-linear pop.

Leo Melamed, Man of the Futures: The Story of Leo Melamed & the Birth of Modern Finance

Whereas the freedom of the witnesses depends on their expectation that revealing facts to the Commission, whether in support of, or damaging to, their employer, will not result in their punishment by demotion, transfer, or loss of job responsibility; Whereas the punishment of individuals who tell the truth and cooperate with the Commission compromi

The Clinton administration, led by Lawrence Summers, signed into law the Financial Services Modernization Act of 1999, which ripped down the firewalls that had been established by the 1933 Glass-Steagall Act. Designed to prevent the kind of meltdown we are now experiencing, Glass-Steagall established the Federal Deposit Insurance Corporation. It se