From what one journalist learned from The Economist to the dark side of a fondly remembered banker, The Daily Beast brings you the best business-and-finance journalism for the week of December 14.
17 Things I Learned From Reading Every Last Word of The Economist’s “The World in 2013” Issue
Mark Leibovich, The New York Times Magazine
Since college, Leibovich has been telling friends he reads The Economist. What happens when he actually does?
What Those Glowing Obits Didn't Tell You About Joe Allbritton
Ken Silverstein, The New Republic
Joseph Allbritton, who died this week, was remembered in the press as a kindly banker and media mogul, but he was also Pinochet’s favorite banker.
Building a Showcase Campus, Using an I.O.U.
Andrew Martin, The New York Times
All too often, students go deep into debt in pursuit of college degrees that may not pay off. Are the colleges doing the same thing with their massive building boom?
Meet Them in St. Louis: Bankers Move
Dan Fitzpatrick, The Wall Street Journal
St. Louis is doing everything it can be become the next financial hub: one brokerage is even building a bull statue.
FT Person of the Year: Mario Draghi
By Lionel Barber and Michael Steen, Financial Times
This summer, European Central Bank head Mario Draghi said “the ECB is ready to do whatever it takes to preserve the euro.” He wasn’t bluffing.