Category: Longform

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

The Age Of Loneliness

There’s just so much in this longform that I could not settle for just one or two paragraphs :

In the time I’d been gone, there had been a shift. Of course I had changed, and the trees had grown taller, but a greater swing—the kind that happens on a geological timescale of thousands or millions of years—was beginning to be widely acknowledged. Some scientists were becoming urgently vocal about the need to recognize that, in recent centuries, the world had entered a new epoch. They called it the Anthropocene. Planet Earth was now defined, they said, by the complete and utter dominance of human beings.

***

“It’s no longer us against ‘Nature,’” Paul Crutzen wrote in 2011. “Instead, it’s we who decide what nature is and what it will be.”

My favorite part — I love birds :

I stared down at my charge at the bottom of the basket. It was just a bird, but a bird that couldn’t be found anywhere on the East Coast forty years earlier, when DDT was so abundant that every falcon nest failed, the eggshells thinned beyond survival. This bird was hope. There in a room far above the famous Riverside Church sanctuary that gives so many people a place to put their faith, I looked into the bird’s dark eyes and found a place for my own.

A beautiful conclusion by Meera Subramanian. My thanks to her for this remarquable journey :

There is no trail going forward. We have to follow the lay of the land. We need to remember that when we leave the woods, it is not so easy to find our way back.

Credit : Steve McCurry, Canada

→ Guernica Magazine

Mayweather : The Boxer and the Batterer

An essay on Floyd Mayweather Jr. as both :

I can’t, of course, say what’s behind Mayweather’s serial abuse — physical, verbal, or emotional — of women. Men who are rich beat women; men who are poor do, too. They do it in Alaska and South Carolina, in New York and Oslo and Dubai. They do it when they get away with it, and they do it when they don’t. Every day, an average of three women in the United States are killed by a current or former lover. But the more I watched Mayweather fight, and the more I read about his allegedly violent acts outside the ring, the more I began to see it as all of one piece. The circus that follows him. The bag filled with cash and gambling slips. The entourage. The houses and the women installed in them, the diamond rings as collars. The way he takes the measure of a situation in the ring, determining when it’s safe to punch and when to duck.

→ Grantland

Birdman : The Pigeon King and the Ponzi Scheme

In a typical Ponzi scheme, like Bernie Madoff’s, the scammer moves money between investors, to pay what he claims are dividends on an investment that doesn’t actually exist. But Galbraith didn’t have a fake investment as a front. He had birds — lots of birds, and those birds created more birds, which he, in turn, was obligated to buy, then house, feed, water and medicate at considerable cost until he could sell them off to someone else. He appeared to miss the whole point of a Ponzi: He took the hidden, fungible fictions that give the scam its power and turned them into tangible liabilities.

→ The New York Times