Author Archives: Gregory2612

Watch Anita Sarkeesian Explain Gamergate’s “Attacks on Women” and Convince Colbert He’s a Feminist

Mother Jones

Anita Sarkeesian, the feminist critic at the center of the Gamergate controversy, appeared on The Colbert Report last night to explain the sexual harassment issues rampant in the gaming world and why women aren’t going to just accept a “separate but equal” community.

“Women are perceived as threatening because we are asking for games to be more inclusive,” Sarkeesian said. “We are asking for games to acknowledge that we exist and that we love games.”

But as recent disturbing events have shown, many gamers are not pleased with Sarkeesian’s work and have been launching extremely violent messages against her and her supporters via social media. Earlier this month, Sarkeesian was forced to cancel a speaking engagement after an anonymous email threatened to stage the “deadliest mass shooting in American history” if she spoke.

Speaking to Colbert on Wednesday, she went on to reject the defense that Gamergate is actually about ethics in video game journalism.

“That is sort of a compelling way to reframe the fact that this is actually an attack on women,” she said.”Ethics in journalism is not what’s happening in any way. It’s actually men going after women in really hostile, aggressive ways. That’s what Gamergate is about. it’s about terrorizing women for being involved in this industry.”

For more a deeper dive into the Gamergate controversy, check out our excellent explainer.

Correction: A previous version of this story erroneously quoted Sarkeesian in the headline. This has since been corrected.

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Watch Anita Sarkeesian Explain Gamergate’s “Attacks on Women” and Convince Colbert He’s a Feminist

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University of Chicago Hires Notorious Goldman Sachs Fraudster to Teach Economics to Undergrads

Mother Jones

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The lone individual found liable for committing fraud during the lead up to the financial crisis will soon be teaching undergrads the basics of economics at one of America’s most prestigious universities. Former Goldman Sachs banker Fabrice Tourre—better known by his self-assigned nickname, “Fabulous Fab”—is studying to get his Ph.D. in economics from University of Chicago. Per the Chicago Maroon, the school’s student newspaper, Tourre will teach a class this semester, offering honors students the opportunity to learn “Elements of Economics Analysis 3” from a man who owes over $1 million in fines to the Securities and Exchange Commission.

Tourre is a poster child for Wall Street malfeasance. While working at Goldman in 2007, he designed a financial product called Abacus 2007-AC1. This collection of mortgage-backed securities was designed to fail—hedge funder John Paulson had asked Goldman to sell a package of bad mortgages that he could then bet against. Thanks to Tourre and the foreclosure crisis, Paulson made a cool $1 billion. Fab and Paulson knew Abacus was a bum product from the get-go, but Tourre hide that information from investors. Goldman rewarded Tourre handsomely for the scheme: he was promoted and earned a reported $2 million.

After the crash, though, the deal came under scrutiny. Congress summoned Tourre and other Goldmanites for hearings to examine the causes of the crisis, and Fab drew widespread media attention when e-mails he sent to his girlfriend became public. The e-mails showed Tourre boasting about how he had hoodwinked investors. Here’s an excerpt:

When I think that I had some input into the creation of this product (which by the way is a product of pure intellectual masturbation, the type of thing which you invent telling yourself: “Well, what if we created a “thing”, which has no purpose, which is absolutely conceptual and highly theoretical and which nobody knows how to price?”) it sickens the heart to see it shot down in mid-flight.

The emails raised the ire of the SEC, which sued Goldman and Tourre for fraud. The agency settled with Goldman for $550 million in the summer of 2010, but the deal didn’t include protection for Tourre. (Goldman has been covering his legal fees, though). Last year, a federal court found Tourre liable for six counts of civil securities fraud. The fines totaled $1 million, an amount he’s currently contesting. Although the ruling was a victory for people who wanted to see Wall Street pay for the financial crisis, it was a minor win—Tourre, who was 28 when he helped create Abacus, was only a mid-tier employee at Goldman.

Tourre did not respond to a request for comment Thursday afternoon. But last April he granted The Wall Street Journal a glimpse into his life as an average grad student. He was captain of an undefeated intramural soccer team, cheering his teammates own from crutches after an injury. He tutored fellow classmates. But the remnants of his former life of decadence linger. He lives in a high-rise apartment with a scenic view of Lake Michigan and a uniformed guard at the entrance.

The course guide for the class Tourre will be teaching describes it as “an introduction to macroeconomic theory and policy.” There’s no word on whether dreaming up crappy new financial products to sell to unwitting investors will be on the syllabus, too.

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University of Chicago Hires Notorious Goldman Sachs Fraudster to Teach Economics to Undergrads

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Up in Cheese Country, Routergate Limps Toward the Finish Line

Mother Jones

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First there was Bridgegate. Now we have another gate. But what to call it? Routergate? Emailgate?

Let’s go with Routergate for now. After all, when was the last time a secretly installed router got a scandal named after it? In this case, the secret router belonged to Scott Walker’s office staff back when he was Milwaukee County executive. This secret router was used to host a secret email system that his staff used to run his 2010 campaign for governor, which is something of a no-no since public employees aren’t supposed to be running the boss’s campaign during business hours.

Up to now, Walker has managed to keep his fingerprints away from all this, refusing to even say whether he knew the secret email system existed. Today, however, a huge cache of emails from the system was released, and this was one of them:

“Consider yourself now in the ‘inner circle,'” Walker’s administration director, Cynthia Archer, wrote to Walker aide Kelly Rindfleisch just after the two exchanged a test message. “I use this private account quite a bit to communicate with SKW and Nardelli.

SKW would be Scott Kevin Walker, who apparently received “quite a bit” of campaign email from these secret accounts. Does this mean he knew about the secret router? Does it mean he knew it was being used to conduct campaign business during working hours? No it doesn’t. But it sure points in that direction. From the Washington Post:

Walker has characterized the activities as wayward behavior of low-level aides. But the e-mails show that he knew county officials were working closely with campaign officials. Walker, for instance, directed his county staff members and campaign aides to hold a daily conference call to coordinate strategy, the documents show.

He routinely used a campaign e-mail account to communicate with county staff members, who also used private accounts, the documents show. Prosecutors have said the approach was used to shield political business from public scrutiny.

That sounds familiar, doesn’t it? In any case, a bunch of those low-level aides have already been convicted of campaign misconduct, but not Walker. He’s managed to maintain plausible deniability, and that’s unlikely to change. But for what it’s worth, Charles Pierce think that Walker’s shenanigans are eventually going to catch up to him:

If you like the grandiose and unfolding corruption in New Jersey under Chris Christie, you’re going to love the penny-ante thievery in Wisconsin under Scott Walker.

His entire political career has been marked by one laughably cheap scam or another. His first campaign has an impressive body count; former aides went to jail for using his office as Milwaukee County Executive to campaign for him for governor. He also has a absolute gift for surrounding himself with people who have interesting notions of public service. My favorite is still Ken Kavanaugh, who was convicted for literally robbing money from widows and orphans, and for pillaging a fund dedicated to taking the children of American soldiers killed in action to the zoo….And now there’s a special prosecutor looking into possible illegalities in the campaign through which Walker fought off a recall effort.

Walker is running for reelection this year, and you can be sure that Democrats will be doing their best to make hay with the latest investigation, which involves allegations that Walker illegally coordinated his 2012 anti-recall campaign with “independent” conservative groups.

None of this is likely to damage Walker very badly. Campaign misconduct just doesn’t bother people much. Still, you have to figure that where there’s smoke, there’s fire. If Walker is the kind of guy to do all this stuff, he might also be the kind of guy to go a step or two further someday and forget to cover his tracks. Stay tuned.

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Up in Cheese Country, Routergate Limps Toward the Finish Line

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