Matthew Cheng

6 Flips | 1 Magazine | 2 Following | 1 Follower | @matthewncheng | Keep up with Matthew Cheng on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Matthew Cheng”

What Good Is Wall Street?

Much of what investment bankers do is socially worthless.<p>A few months ago, I came across an announcement that Citigroup, the parent company of Citibank, was to be honored, along with its chief executive, Vikram Pandit, for “Advancing the Field of Asset Building in America.” This seemed akin to, …

Later

What does procrastination tell us about ourselves?<p>Some years ago, the economist George Akerlof found himself faced with a simple task: mailing a box of clothes from India, where he was living, to the United States. The clothes belonged to his friend and colleague Joseph Stiglitz, who had left them …

Getting Bin Laden

What happened that night in Abbottabad.<p>Shortly after eleven o’clock on the night of May 1st, two MH-60 Black Hawk helicopters lifted off from Jalalabad Air Field, in eastern Afghanistan, and embarked on a covert mission into Pakistan to kill Osama bin Laden. Inside the aircraft were twenty-three …

Now Serving

Terrorists keep targeting a Mogadishu chef’s restaurants, but he won’t shut down.<p>In the summer of 2008, a forty-two-year-old chef named Ahmed Jama left London to live in Mogadishu, the capital of Somalia, where he was born. To his family and friends, it was a puzzling decision. Twenty years …

Night Club Royale

Can Las Vegas make more money from dance music than from gambling?<p>On the final Saturday night of 2012, Jesse Waits entered the Encore resort in Las Vegas and took a private elevator to the seventh floor, where a young d.j. named Afrojack was staying. Waits wore a black Tom Ford suit without a tie, …