The weekend is a great time to catch up on some of the reading you skipped during the week.  We hope you enjoy this set of long-form links.

Finance

Have institutional investors created an “incentive bubble“?  (HBR via peHUB)

K12 ($LRN) and the ugly financial reality of “virtual charter schools.”  (The Financial Investigator)

Why was the Fed so willing to let banks return cash to shareholders?  (ProPublica)

How London became the world’s financial capital.  (NYTimes)

How does a $12 billion hedge fund disappear?  (Businessweek)

Vikram Pandit never gave up on Citigroup’s ($C) hedge fund business.  (Bloomberg)

Global

Putin vs. Khodorkovsky is not over by a long shot.  (Vanity Fair)

Is Greece a failed state?  (Foreign Policy)

Psychology

What managers can learn from the Pygmalion Effect.  (The Psy-Fi Blog)

The upside of scarcity:  creativity.  (HBR)

Teller on how magicians manipulate your mind.  (Smithsonian via The Browser)

Technology

Twitter has survived in spite of itself.  (Businessweek)

How RedHat ($RHAT) pivoted into a billion dollar business. (ArsTechnica)

A profile of Steven Sinofsky, the likely next CEO of Microsoft ($MSFT).  (SAI)

Society

How America’s criminal justice system went wrong.  (Boston Globe)

Baby boomers are not shy about getting a divorce later in life.  (WSJ)

Why young adults are more apt to rent these days.  (The Atlantic)

The bull (and bear) market in Philosophy.  (Epicurean Dealmaker)

Science

How quantifying his health helped one man diagnosis his own disease.  (Technology Review via The Browser)

More indications that the standard model of physics may be wrong.  (BBC)

Evidence points towards Stone Age Europeans being in America far earlier than previously thought.  (Washington Post, The Independent via naked capitalism)

Media

Is the TED phenomenon played out?  (New York)

Why journalists need to link.  (Felix Salmon)

Book excerpts

How we came to brush our teeth with toothpaste, an excerpt from Charles Duhigg’s The Power of Habit.  (Slate)

An excerpt from Michael Goodkin’s The Wrong Answer Faster: The Inside Story of Making the Machine that Trades Trillions.  (CNBC)

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