Madoff’s Victims Are Close to Being Made Whole

This is quite astonishing: A decade after Bernard Madoff was arrested for running the world’s biggest Ponzi scheme, the bitter fight to recoup investors’ lost billions has astounded experts and victims alike. While no one will ever collect the phantom profits Madoff pretended he was earning, the cash deposits by his clients have been the… Read More The post Madoff’s Victims Are Close to Being Made Whole appeared first on The Big Picture.

Marvel Cinematic Universe

Click to explore the tree. Source: Straits Times   BoingBoing: The legendary comic-book author, publisher, and film producer Stan Lee has died. He co-created Spider-Man, The Incredible Hulk, the Avengers, the X-Men, Black Panther, and many more characters and imaginary worlds we’ve come to know through comic books, games, and movies. It is difficult to imagine what… Read More The post Marvel Cinematic Universe appeared first on The Big Picture.

Have We Hit Peak Facebook?

Facebook’s earnings are today after the close. ReCode asks the simple question, “Is Facebook still growing?” “After months of bad news, Facebook unveiled its second quarter earnings back in July and reported less revenue than Wall Street analysts expected — and more importantly, fewer new users. In fact, Facebook didn’t grow at all in its… Read More The post Have We Hit Peak Facebook? appeared first on The Big Picture.

U.S. ranks 25th for men and 32nd for women when it comes to helping residents reach their potential

Source: Washington Post     This is intriguing: “The desire to climb arbitrary ranking ladders seems to be an innate human instinct. The World Bank hopes to harness it for good. The development organization has put its considerable muscle behind a new international ranking of how well countries help their residents live up to their economic… Read More The post U.S. ranks 25th for men and 32nd for women when it comes to helping residents reach their potential appeared first on The Big Picture.

Senate Races Move Right, House Races Move Left

Interesting set of graphics via the Washington Post: “The nomination fight over Judge Brett M. Kavanaugh has injected new volatility into the midterm elections, reshaping races across the country and sharpening the already bitterly partisan tone for the final four-week stretch before Nov. 6. Much uncertainty remains — not least because of the rapid-fire succession… Read More The post Senate Races Move Right, House Races Move Left appeared first on The Big Picture.

Technology’s Digital Deceit

Fascination discussion of how tech giants have been leveraging algorithms in a way that is inherently problematic by New America: “The central problem of disinformation corrupting American political culture is not Russian spies or a particular social media platform. The central problem is that the entire industry is built to leverage sophisticated technology to aggregate user… Read More The post Technology’s Digital Deceit appeared first on The Big Picture.

The Great Recession’s uneven recovery

I have for some time now been calling the recovery lumpy uneven, distributed based on industry education attainment and geography. For example, see this, this, this, or this; The chart above below shows just how true that is — I would be curious as to how the 2016 Presidential vote looked overlaid on this. Was it economic insecurity or… Read More The post The Great Recession’s uneven recovery appeared first on The Big Picture.