The Week’s Best Business Longreads: Business Beast’s Picks for Dec. 23, 2012
From the man behind America’s favorite doomsday shovel to an American gadfly at the Bank of England, The Daily Beast brings you the best business and finance journalism for the week of December 23, 2012.
Meet The Entrepreneur Behind The Apocalypse's Must-Have AccessoryChadwick Matlin, BuzzFeed
How did Tim Ralston become America’s most famous “prepper”? He built the ultimate end-of-civilization tool: a weaponized shovel.
The Full Story Of How Facebook IPO Buyers Got ScrewedHenry Blodget, Business Insider
When Facebook was shopping its IPO, it realized that its earnings might not be as good as they expected. Who did the company tell? Only a few big-time investors
The Bribery Aisle: How Walmart Got Its Way in MexicoDavid Barstow and Alejanda Xaniv von Bertrab, The New York Times
Mexico is one of the fastest growing middle-income countries in the world. Walmart needed to expand there fast. And so it resorted to systematic bribes.
The King of Con-men The Economist
You think that Argentina does badly with its sovereign debt? It’s nothing compared to Poyais, the small Latin American country that defaulted on its debt in the 1820s. Why? It was the invention of a Scotsman named Gregor MacGregor.
How Fred Gaudelli Turned NBC’s Sunday Night Football Into The No. 1 Show On TVJohn Koblin, Deadspin
The inside story of how “football night in America” moved from Monday to Sunday.
God Save The British Economy Adam Davidson, New York Times Magazine
An American economist went to the U.K. to be a senior policymaker at the Bank of England. Now, he speaks out about what his bosses from Threadneedle Street to Downing Street got wrong.