The Incentive Bubble (ungated pdf) - "The fraying of the compact of American capitalism by rising income inequality and repeated governance crises is disturbing. But misallocations of financial, real, and human capital arising from the financial-incentive bubble are much more worrisome to those concerned with the competitiveness of the American economy." [more inside]
posted by kliuless on Apr 3, 2012 - 54 comments

Despite evidence of extensive misconduct, English football coach Harry Redknapp remains beloved in the hearts and minds of football fans.
posted by reenum on Mar 4, 2012 - 41 comments

David Grann of the New Yorker writes about the power of the Aryan Brotherhood inside America's federal prisons.
posted by reenum on Jan 23, 2012 - 20 comments

Start a home business, get rich quick, win financial freedom! If you watch late-night TV, you've heard it all before. But what's the story behind these slick pitchmen and their dubious schemes? Enter The Salty Droid, your ornery metal guide to the corrupt underworld of scam-marketing scum. This charmingly acerbic bot (owned and operated by mild-mannered Chicago dog-lover Jason Michael Jones [inter-view, long talk + transcript]) is a valiant crusader against the vile con-men who bankrupt the elderly and the desperate with beautiful lies. Exposed so far: A shadowy "Syndicate" of frauduct-pushing personality cults polluting the media with blogspam and woo-woo talking points. Boiler rooms in the Utah desert where telemarketers farm credit from easy targets with cunning, probing scripts [PDF]. Powerful politicians bought wholesale. Believers left to die in fraudulent new-age vision quests. It's a soul-crushing beat, enough to make one feel like a regular catcher-bot in the digital rye. But somebody's got to do it -- preferably someone with plasma nunchucks and titanium skin.
posted by Rhaomi on Aug 31, 2011 - 47 comments

How two American kids became big-time weapons traders - "Working with nothing but an Internet connection, a couple of cellphones and a steady supply of weed, the two friends — one with a few college credits, the other a high school dropout — had beaten out Fortune 500 giants like General Dynamics to score the huge arms contract. With a single deal, two stoners from Miami Beach had turned themselves into the least likely merchants of death in history." (via; previously on arms contractors)
posted by kliuless on Mar 21, 2011 - 69 comments

Since the revelation that the telecommunications companies assisted in illegal spying on domestic phone calls, a host of lawsuits have sprung up seeking damages for civil liberties violations. The Bush administration has responded by seeking the power to grant blanket immunity to criminal and civil action to the companies involved. The claim that the suits could bankrupt the companies indicates that the spying was even more widespread than previously believed; If Verizon is worth $120,000,000,000, then given the estimate of $1000 per violation, one hundred and twenty million calls were spied upon.
posted by Pope Guilty on Sep 4, 2007 - 43 comments

In Violation of Federal Law, Ohio's 2004 Presidential Election Records Are Destroyed or Missing. "The extent of the destruction of records is consistent with the covering up of the fraud that we believe occurred in the presidential election."
posted by chunking express on Jul 31, 2007 - 220 comments

[Mugshot filter] The Hammer is tanned, rested, and ready... to kick some partisan-hack a**! But seriously folks, has Tom DeLay ever looked better in his life? Book 'im, Danno -- and don't muss that fabulous hair!
posted by digaman on Oct 20, 2005 - 61 comments

Another day, another criminal probe into Halliburton dealings with shady regimes. This is for activities going back to the 1995-2000 period, when the current Vice-President was CEO of the petroleum exploration leviathan. It's also been well documented that Halliburton did business with Iraq during that same time period. This begs the question, how many "forbidden countries" were Halliburton doing business with during Mr. Cheney's stewardship? Note: it's somewhat related, though not quite the same, as this previous thread.
posted by clevershark on Jul 20, 2004 - 15 comments