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10 Weekend Reads - The Big Picture

10 Weekend Reads
June 12, 2021 6:55am by
Barry Ritholtz
The weekend is here! Pour yourself a mug of Danish blend coffee, grab a seat on the massage chair, and get ready for our longer-form weekend reads:
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There’s a New Vision for Crypto, and It’s Wildly Different From Bitcoin Give Bitcoin some credit: A nearly $1 trillion asset has been memed into existence, despite being backed by nothing. The market is still treating the rest of the crypto space as a monolith. It’s time for that to change. (Bloomberg)
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How An Ex-Semipro Poker Player Bet Big And Won The $4.3 Trillion Mortgage Market Nima Ghamsari and his Blend Labs weaned the nation’s biggest mortgage lenders off of paper and just in time to prevent a pandemic meltdown. (Forbes) ....

United States , Brad Stone , Nima Ghamsari , Jeff Bezos , Leslie Wexner , University Of California , Businessweek Technology , Why Misinformation Is About Who You , Chucke Cheese , New Vision , Wildly Different From Bitcoin Give , Mortgage Market Nima Ghamsari , Blend Labs , App That Monetized Doing Nothing , Frozen Drinks Margaritaville , Palm Beach Billionaire Fix , Sinking Megamansions , Build Bigger Fast Rising , Bay Area , Inside Jeffrey Epstein , Vanity Fair , Not What You Think Two , Most Irrational Number , Tyranny Of Time , Amazon Unbound , ஒன்றுபட்டது மாநிலங்களில் ,

Daily Distraction: Vanity Fair goes deep on the Wexner-Epstein connection

Gabriel Sherman examines the disgraced financier s long-standing business ties to local billionaire and L Brands founder Les Wexner ....

Les Wexner , Joel Oliphint Columbus , Gabriel Sherman , Robert Meister , Daily Distraction , Vanity Fair , Inside Jeffrey Epstein , Decades Long Relationship , Biggest Client , Jeffrey Epstein Scandal Means , லேஸ் வெக்ஸ்னர் , கேப்ரியல் ஷெர்மன் , ராபர்ட் மைஸ்டர் , தினசரி கவனச்சிதறல் , வேனிட்டி நியாயமான , உள்ளே ஜெஃப்ரி எப்ஸ்டீன் , மிகப்பெரியது வாடிக்கையாளர் , ஜெஃப்ரி எப்ஸ்டீன் ஊழல் பொருள் ,

Jeffrey Epstein case: PBC state attorney worked to undercut federal probe

From the moment federal prosecutors were handed the Jeffrey Epstein case, they didn’t trust Palm Beach County State Attorney Barry Krischer.
But even though federal prosecutors believed Krischer had “intentionally torpedoed” the case, they took the rare and misguided step of putting him in the driver’s seat.
Instead of vigorously pursuing the politically connected financier on charges that he sexually assaulted dozens of teens at his Palm Beach mansion, Krischer joined hands with Epstein’s defense team and undermined federal prosecutors’ efforts.
The conclusions, detailed in a 300-page report of an investigation by the U.S. Justice Department, paint a damning picture of both Krischer’s duplicity and federal prosecutors’ naivete. ....

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