Adventures of a Teenage Polyglot
Timothy Doner, 16, a high school sophomore in Manhattan who taught
himself over a dozen languages, found a vibrant subculture of
polyglots on YouTube.
http://nyti.ms/Alkah3

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The strange story of Martin Amis's lost book, <em>Invasion of the Space Invaders</em>, which offered tips on how to play video games like PacMan:<br /><br />

"He is almost as enthusiastic about PacMan, although you get the sense that he sees it (in contrast to Space Invaders) as a fundamentally unserious endeavor. 'Those cute little PacMen with their special nicknames, that dinky signature tune, the dot-munching Lemon that goes whackawhackawhackawhacka: the machine has an air of childish whimsicality.' His advice is to concentrate stolidly on the central business of dot-munching, and not to get distracted by the shallow glamor of the fruits: 'Do I take risks in order to gobble up the fruit symbol in the middle of the screen? I do not, and neither should you. Like the fat and harmless saucer in Missile Command (q.v.), the fruit symbol is there simply to tempt you into hubristic sorties. Bag it.'"

How Quentin Rowan (aka Q.R. Markham) went from aspiring writer to serial plagiarist—and how everything unraveled after the publication of his spy novel, <em>Assassin of Secrets</em>: <br /><br />

"By then, the mystery about whether Rowan was, so to speak, an authentic plagiarist had been solved. Two days earlier, he’d sent a series of apologetic e-mails to Jeremy Duns, who posted them on his blog. 'I just wanted to make the best ’60s spy novel I could,' Rowan wrote, adding that he was not 'playing a prank.' He signed off, 'Gosh I wish I could do it all over.' He was picking up the odds and ends of his life. Little, Brown asked that he pay back his advance—fifteen thousand dollars, for two books—and reimburse the company for the book’s production costs. He was no longer welcome at the bookstore. He’d been about to move in with his girlfriend, a lawyer, but she broke up with him, and he was planning to move to Seattle. Rowan said that for the past fifteen years he had been dreading being discovered as a plagiarist—“Lots of waking up in the middle of the night and looking in the mirror.” Now he seemed dazed. 'I couldn’t really envision it, to be honest,' he said. 'I couldn’t envision what it would entail, except humiliation.'"

The Bank of England's Andrew Haldane on banking, risk and how to bring social and financial equity back into the system: <br /><br />

"Consider the effects of the too-big-to-fail problem on risk-taking incentives. If banks know they will be bailed out, those holding their debt will be less likely to price the risk of failure for themselves. Debtor discipline will therefore be weakest among those institutions where society would wish it to be strongest. This encourages them to grow larger still: the leverage cycle isn’t merely repeated, but amplified. The doom loop grows larger. The biggest banks effectively benefit from a disguised, and growing, state subsidy. By my estimate, for UK banks this subsidy amounts to tens of billions of pounds per year and has often stretched to hundreds of billions. Few UK government spending departments have budgets this big. For the global banks, the subsidy can reach a trillion dollars – about eight times the annual global development budget."

Ex-president and CEO Michael Woodford says he tried to blow the whistle on fraudulent accounting related to $1.6 billion in transactions. He was then fired: <br /><br />

"Woodford, 51, recounted how he had just returned from Hong Kong, having fled Tokyo after a board meeting in which Olympus Chairman Tsuyoshi Kikukawa had fired him. The cause for dismissal, according to Woodford: his insistence that Olympus officials come clean about a series of questionable purchases dating to 2006, totaling $1.6 billion, none of which had been adequately reported in the company’s consolidated financial statements. The deals had been approved by Kikukawa and the Olympus board, yet in several cases the parties receiving the sums were not even clearly identified in Olympus’s books. (At least one Japanese magazine had strongly hinted that the Yakuza were beneficiaries of some of these shady deals.) Woodford, frustrated by the board’s stonewalling, had hired the accounting firm PricewaterhouseCoopers to conduct an independent audit of the suspicious transactions. For several weeks leading up to his dismissal, he had been calling the board to account for these transactions, and eventually demanded the board’s resignation. Instead, Woodford was purged. And now he was running for his life."

How an unplanned pregnancy during college changed the life and worldview of Maggie Gallagher, now one of the leading voices against gay marriage: <br /><br />

"On a mild November day, Gallagher and I are upstairs at City Bakery, near Union Square in Manhattan, where after months of requests she has agreed to meet me. As Gallagher tells it, she and the baby’s father were close; they had been together 'on the order of one year,' she says, so he might have been expected to stand by her. 'My son’s father was my boyfriend at Yale,' is how she describes their relationship. But when she told him she was pregnant, right before spring break in 1982, he vanished on her. 'I was in his room and he had to go do something, and I was going to fly out in a couple of hours, had to get to the airport. And the last thing he said to me was, "I’ll be back in 30 minutes." And then he wasn’t.'<br /><br />

"He just left her sitting in his room. And that was the end of them. When summer came, Gallagher moved home to Oregon and took some classes to finish her degree. In the fall, she gave birth to a baby boy, Patrick."

[Not single-page.] Financial reform has been more successful at changing Wall Street's business than many imagined—and the public outcry from Occupy and elsewhere has led to some soul-searching: <br /><br />

"For New York’s bankers and traders, the new math suddenly reordered their assumptions about their place in a post-crash city. 'After tax, that’s like, what, $75,000?' an investment banker at a rival firm said as he contemplated Morgan Stanley’s decision. He ran the numbers, modeling the implications. 'I’m not married and I take the subway and I watch what I spend very carefully. But my girlfriend likes to eat good food. It all adds up really quick. A taxi here, another taxi there. I just bought an apartment, so now I have a big old mortgage bill.' 'If you’re a smart Ph.D. from MIT, you’d never go to Wall Street now,' says a hedge-fund executive. 'You’d go to Silicon Valley. There’s at least a prospect for a huge gain. You’d have the potential to be the next Mark Zuckerberg. It looks like he has a lot more fun.'"

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