By Felix Salmon
April 13, 2010

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Does incarceration make people black? — MR

Matija Grguric spent 7 months building Falling Water out of lego — Apartment Therapy

Tarantino vs the Coen Brothers — NYMag

BofA’s earnings: Which philosopher do you follow? — Crain’s New York

Why taking risk isn’t all that smart: Eric Falkenstein on the “mistaken syllogism at the bottom of portfolio theory” — Falkenblog

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I’d like to recommend this: 4/wamu-hearings-start-tomorrow.html

“The Inspectors General’s report on WaMu will be issued on Friday – Sewell Chan at the NY Times reported Saturday: U.S. Faults Regulators Over a Bank

Regulators failed for years to properly supervise the giant savings and loan Washington Mutual, even as the company wobbled … a federal investigation has concluded.

The report, prepared by the inspectors general for the Treasury Department and the Federal Deposit Insurance Corporation, is expected to be released Friday. A draft was obtained by The New York Times.

A huge bank out of control and regulators ignoring the problem … this is quite a story. And no surprise at all.”

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