Category: Conversation

The Secret History of One Hundred Years of Solitude

Stuck up on the wall were charts of the history of a Caribbean town he called Macondo and the genealogy of the family he named the Buendías. Outside, it was the 1960s; inside, it was the deep time of the pre-modern Americas, and the author at his typewriter was all-powerful.

He visited a plague of insomnia upon the people of Macondo; he made a priest levitate, powered by hot chocolate; he sent down a swarm of yellow butterflies. He led his people on the long march through civil war and colonialism and banana-republicanism; he trailed them into their bedrooms and witnessed sexual adventures obscene and incestuous. “In my dreams, I was inventing literature,” he recalled. Month by month the typescript grew, presaging the weight that the great novel and the “solitude of fame,” as he would later put it, would inflict on him.

→ Vanity Fair

Sean Parker : Hacker Philanthropist

Not your average pharma bro’ :

Hacker philanthropy is meant to be the antidote to what Parker calls the conservative, incremental work of most charitable foundations; a timidity he says is borne of institutional self-preservation and a need to assuage philanthropists’ “deep-seated anxiety that their capital may not be accomplishing anything”.

Hackers, by contrast, are iconoclasts drawn to fix the holes in big, complex systems, and they are willing to make bold experiments and embrace failure as a learning experience. Since the world’s billionaires lists are increasingly populated by computer programmers who have built insanely large tech companies, it is only a matter of time until their hacker mentality is brought into the world of philanthropy.

→ Financial Times

El Chapo Speaks

Sean Penn :

I take no pride in keeping secrets that may be perceived as protecting criminals, nor do I have any gloating arrogance at posing for selfies with unknowing security men. But I’m in my rhythm. Everything I say to everyone must be true. As true as it is compartmentalized. The trust that El Chapo had extended to us was not to be fucked with. This will be the first interview El Chapo had ever granted outside an interrogation room, leaving me no precedent by which to measure the hazards. I’d seen plenty of video and graphic photography of those beheaded, exploded, dismembered or bullet-riddled innocents, activists, courageous journalists and cartel enemies alike. I was highly aware of committed DEA and other law-enforcement officers and soldiers, both Mexican and American, who had lost their lives executing the policies of the War on Drugs. The families decimated, and institutions corrupted.

• • •

Still, today, there are little boys in Sinaloa who draw play-money pesos, whose fathers and grandfathers before them harvested the only product they’d ever known to morph those play pesos into real dollars. They wonder at our outrage as we, our children, friends, neighbors, bosses, banks, brothers and sisters finance the whole damn thing. Without a paradigm shift, understanding the economics and illness of addiction, parents in Mexico and the U.S. will increasingly risk replacing that standard parting question to their teens off for a social evening – from “Where are you going tonight?” to “Where are you dying tonight?”

El Chapo? It won’t be long, I’m sure, before the Sinaloa cartel’s next shipment into the United States is the man himself.

→ Rolling Stone

Inside Job

A story on Raj Rajaratnam’s inside job and an unsuspected collateral damage:

In my many conversations with Das, I had failed to explain to her what insider trading was, how she ended up a millionaire on paper, and what her employer did in her name. Her sole source of aggrievement was the sum of Rs 8.5 lakh she believed Kumar owed her. Now, I heard her voice on the crackling line fill with hope. “Will he give me the two years’ pay he promised?” she asked. “If he does, that will be very good.” But, after a pause, she added, “If he does not, my life will continue.”

→ Caravan Magazine

Lunch with the FT: Ben Bernanke

Martin Wolf :

I ask him whether he is confident that the improvement in the resilience of the banks is adequate. “It’s a fool’s game to predict that everything is going to be fine, because either it is fine, in which case nobody remembers your prediction, or something happens, and then … ” They remember your prediction, I interject.

Bernanke continues: “My mentor, Dale Jorgenson [of Harvard], used to say — and Larry Summers used to say this, too — that, ‘If you never miss a plane, you’re spending too much time in airports.’ If you absolutely rule out any possibility of any kind of financial crisis, then probably you’re reducing risk too much, in terms of the growth and innovation in the economy.”

→ Financial Times