Mark Zuckerberg’s withdrawal of plans to excrete an inferior class of Facebook shares onto the investing hoi polloi should go down as an extraordinary moment in contemporary American capital markets. But the social network founder’s climbdown is not an unalloyed victory for democratic capitalism. Facebook is facing other, existential, challenges that almost certainly rendered Zuckerberg’s decision an expedient one. Read more.
In this country, reactions to the Mueller report have been all-American beyond belief. Let’s face it, when it comes to election meddling, it’s been me, me, me, 24/7 here. Yes, in some fashion some set of Russians meddled in the last election campaign, whether it was, as Jared Kushner improbably...read more.