Are you still working your way through that 10,600-word Paul Krugman profile in the New Yorker? If you haven’t finished it yet, I strongly suggest you give up — you’re not going to learn much, beyond the names of his cats — and go read Jed Rakoff’s ruling in SEC vs Bank of America instead. It’s much more trenchant, much better written, and much more interesting.

This was where Judge Rakoff called out BOA’s settlement with the SEC as “half-baked justice”. Sort of a non sequitor, but it stuck in my mind.