The Week’s Best Longreads: The Daily Beast Picks for May 12, 2012

From Congress’s collusion with Wall Street to destroy financial reform to diagnosing child psychopaths, The Daily Beast picks the best journalism from around the Web this week.

How Wall Street Killed Financial Reform
Matt Taibbi, Rolling Stone

It's bad enough that the banks strangled the Dodd-Frank law. Even worse is the way they did it: with a big assist from Congress and the White House.

Can You Call a 9-Year-Old a Psychopath?
Jennifer Kahn, The New York Times Magazine

Psychologists now believe fledgling psychopaths can be identified as early as kindergarten. The hope is to teach these children empathy before it’s too late.

‘Oh My God, We’re in Bed With the Vampire Squid’
Henry Blodget, Business Insider

How Goldman Sachs bungled the Facebook IPO.

The English Wars
Joan Acocella, The New Yorker

The battle over the way we should speak.

Europe’s Other Crisis
Christopher Caldwell, The New Republic

The U.K. takes a laissez-faire approach to immigration, while France insists newcomers accept its way of life. But neither will solve the problem looming alongside Europe’s financial meltdown.

For more great longreads, visit our friends at Longreads.com.