Twitter Finance Wars, Fake Princes and the TSA
(Bloomberg Opinion) -- The weekend is here! Pour yourself a mug of drip coffee, grab a seat on the canoe, and get ready for our longer form weekend reads:
• Inside the Always Nasty, Frequently Sexist, and Often Litigious World of Financial Twitter. (Institutional Investor)
• The Insane Saga of the Fake Saudi Prince Who Scammed Miami’s Rich and Famous. (Vice)
• The People’s Penthouse: In a cooling market, shared lounges and pools are taking over what used to be residential pinnacles for the elite. (New York Times)
• Surrendering to Rising Seas. Coastal communities struggling to adapt to climate change are beginning to do what was once unthinkable: retreat. (Scientific American)
• Billionaires gone wild. The American media landscape, like the rest of the country, is being reshaped by the whims of the ultra-rich. (CJR) See also Survival of the Richest (Medium)
• In ‘Quiet Skies’ program, TSA is tracking regular travelers like terrorists in secret surveillance: Did you scan the boarding area from afar? Have a cold, penetrating stare? Sleep on the plane? Use the bathroom? Talk to others? (Boston Globe)
• Bubbles 10 – Both Sides. (Armoxon)
• How music has responded to a decade of economic inequality. Popular music has always delivered social critique. But it’s struggled to grapple with the aftermath of the 2008 financial crisis. (Vox)
• Inside the Slow-Motion Disaster on the Southern Border (Literary Hub)
• Foreign Consultant: Before he was Donald Trump’s campaign chairman, Paul Manafort was an adviser to a Ukrainian strongman. After what happened in Kiev, he could spend the rest of his life in prison. (Washington Post)
Be sure to check out our Masters in Business interview this weekend with Torsten Slok, chief international economist and managing director at Deutsche Bank. Slok’s economics team has been top-ranked by Institutional Investor in fixed income and equities for the past five years.
This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.
Barry Ritholtz is a Bloomberg Opinion columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He is the author of “Bailout Nation.”
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