Here’s what caught my attention over the last few days…
(1) “S.E.C. Accuses Goldman of Fraud in Housing Deal” [New York Times] – this was the biggest bombshell of the day, and it sent the markets tumbling. GS stock finished $23.57 lower than it started at the beginning of the day, a drop of nearly 13%.
(2) “How Tweet It Is! Library Acquires Entire Twitter Archive” [Library of Congress] – in what appears to be a belated April Fools’ joke, the blog of Library of Congress announced that every single public tweet since Twitter’s inception in 2006 will be archived. The announcement was posted on Twitter and the news spread like wildfire through the Twitterverse. I understand that there is a benefit to archiving public tweets, but it remains to be seen what the Library of Congress will do in order to allow filtering the tweets. Something else I’m curious about is how the Library of Congress (or whoever manages this overwhelming project) will differentiate the public vs. non-public tweets: Twitter users can set their accounts to public or private at will, so it’s unclear what will happen to those tweets which used to be private but are now public or vice versa.
(3) “Stealing Mona Lisa” [Vanity Fair] – a fascinating piece about the world’s most famous painting. Did you know that Pablo Picasso was brought in for questioning after the Mona Lisa was stolen in the early 1900s? It’s true! And in case you’ve ever wondered what it’s like seeing the world’s most famous painting, here’s what the scene looks like at the Louvre Museum.
(4) “Looting Main Street” [Rolling Stone] – a provocative piece by Matt Taibi, exploring the rise and fall of Jefferson County, Alabama. [via]
(5) “Baccarat Meets Bomb-Proof Glass on the High Seas” [Wall Street Journal] – it’s simply known as the “A,” but this $300 million yacht, owned by Russian billionaire Andrey Melnichenko, defies definition. It’s extravagance unparalleled.
One thought on “Readings: Goldman, Tweeting Library, Mona Lisa, Jefferson County, Billionaire’s Yacht”
So if past Supreme Courts as well as the current Supreme Court think that corporations are people, can we just throw Goldman in jail? I hope this is the tip of the iceberg on that corrupt institution.