The story of the crash
“This is going to be a must-read today. An oral history of the crash of 1987 from key people who were there,” tweets Joe Weisenthal, who links to Richard Dewey’s piece in Bloomberg Markets, Black Monday at 30: Wall Street Remembers the 1987 Stock Market Crash. Says Joel Weber, “I love me an #oralhistory, and @richdewey totally aced this one about #blackmonday in latest issue of @marketsmag.” “Revisit the Crash of ’87 with stories from the Wall Street players who lived it,” tweets Mark Tannenbaum.
There’s a word for this
The Washington Post’s Ashley Parker and Greg Jaffe go Inside the ‘adult day-care center’: How aides try to control and coerce Trump. “There's a word for this behavior. In fact several: bootlicking, brown-nosing, toadism, flattery, sycophantism…” tweets Don Seiffert. Jenna Johnson tweets this excerpt: “‘They have an on-the-record ‘Dear Leader’ culture, and an on-background ‘This-guy-is-a-joke’ culture.’” Tweets Patricia Treble, “This could set a record for the most ‘Trump baby’ tweets that @dandrezner has created from an article.”
But then there’s The Danger of President Pence, by the New Yorker’s Jane Mayer, “In which Bannon calls Trump and Pence ‘an odd pair of throwbacks from fifties casting,’” as Michael Kruse tweets. Tweets Mayer, “Just posted: The Danger of President Pence - even Bannon says the Kochs ‘own’ him.” Craig Fehrman says, “Jane Mayer's new Pence profile is astonishing + definitive -- I say that as someone who's covered him since 2012.” Adds Scott Bixby, “Nobody reports on billionaires — or the people they own — better than @JaneMayerNYer.”
It’s all connected
Over the weekend, Harvey Weinstein was expelled from the motion picture academy, as Josh Rottenberg of The Los Angeles Times reports, and now Nancy Tartaglione of Deadline Hollywood reports that French President Starts Process To Strip Harvey Weinstein Of Legion D’Honneur. In The New York Times, Sarah Polley writes of The Men You Meet Making Movies. And CNN’s Lisa Respers France reports on #MeToo: Twitter flooded with personal stories of assault. Tweets David Daniel, “‘We must do better for women everywhere.’ - @Alyssa_Milano, who launched a social media flood with two words.”
CNN’s Brian Stelter reported that the Weinstein Co. says it is in sale talks amid Harvey Weinstein scandal. And then, according to a new press release, The Weinstein Company Announces Investment from Colony Capital. Tweets Hadas Gold, “! Trump friend Thomas J. Barrack’s firm Colony Capital announces investment & possible sale in The Weinstein Company.” Meanwhile, Lorraine Ali of The Los Angeles Times tweets, “Trump’s election and Weinstein’s fall — it’s all connected.” She links to her piece, How Trump’s election and Weinstein’s fall signal warp speed on taking sexual harassment seriously.
But, “While Harvey Weinstein has been (justly) ejected from the Academy, Trump hasn’t, despite similar allegations,” notes Maud Newton. In Subpoena Orders Trump To Turn Over Documents From Assault Allegations (37,000+ shares), BuzzFeed’s Kendall Taggart writes that “A high-stakes legal showdown is brewing for President Donald Trump.” Tweets Mark Murray, “20 years ago, this kind of story would grind politics to a halt. Now?”
The fast-changing situation in Kirkuk
“It really feels sad to report on such story about #Kirkuk with @LovedayM,” tweets Mustafa Salim, referring to his piece in The Washington Post with Loveday Morris, Iraqis seize military base, oil field from Kurdish forces near contested Kirkuk. Tweets Liz Sly, “Terrific reporting from @LovedayM & @Mustafa_salimb on Iraq's new war & the fast-changing situation in Kirkuk.” “One reason #Kurdish referendum took place was to save Kurds from #Iran’s dominion of Iraq.This shows they were right,” says Hisham Melhem. “Awkward for the US, which has armed and trained both Kurds and Iraqis to fight ISIS,” notes Grace Segers.
“Meanwhile, the Somalia news keeps getting worse. *300* dead in a single bombing,” tweets Eric Lubbers, who links to the reporting from Abdi Guled of The Associated Press, Somalia truck bombing toll over 300 as funerals begin. “Worse and worse,” says Elaine Ganley.
“Hard to calibrate how big this is ... an entire WiFi protocol is borked,” tweets Shane Dingman. He links to the story from Dan Goodin of Ars Technica, Severe flaw in WPA2 protocol leaves Wi-Fi traffic open to eavesdropping. Forbes’s Thomas Fox-Brewster offers this advice: Update Every Device -- This KRACK Hack Kills Your Wi-Fi Privacy. He tweets, “Pretty much every device that uses Wi-Fi is affected by KRACK, researcher says. Pray for updates, I guess?”
So, worry about that, but don’t worry too much about the Yellowstone supervolcano, UW professor says. That’s from Brett Cihon for Q13fox.com, who writes, “it’s very, very, very unlikely we’ll see a supervolcano eruption from Yellowstone in our lifetime.”
A headline from Florida
“I can't decide if this is a transportation story, or an immigration story. Or just #OhMiami,” tweets Rick Hirsch. See what you think by reading the new piece from Alex Daugherty and Patricia Mazzei of the Miami Herald, Miami politician says aliens took her on a spaceship. Now she’s running for Congress. Alan Blinder simply calls it “A headline from Florida,” while Mark Berman thinks, “there must be easier ways to get off the spaceship.” Alex Parker specifies, “Fla. cong. candidate, whose son-in-law is Mike Pence’s deputy chief of staff, claims she was abducted by aliens.” And Colin Campbell wonders, “what subcommittee do you think she'll end up chairing?”
Poetry in galactic motion
Back in space, “130 million years ago, two neutron stars collided and the debris from that cataclysm sprinkled the cosmos with gold,” tweets Nadia Drake. She links to her piece for National Geographic, Gravitational Waves Linked to Colliding Stars in ‘Unprecedented Discovery’. Tweets NatGeo, “The first detection of ripples in spacetime created by 2 neutron stars smashing into each other has been confirmed.” Robert Hotz has the story for The Wall Street Journal, A Clash of Neutron Stars Forges Gold. “Stellar alchemy,” tweets Stefanie Ilgenfritz. “Start-up idea,” says Joe Light.
Dennis Overbye reports on the finding for The New York Times in LIGO Detects Fierce Collision of Neutron Stars for the First Time. Says Elena Schneider, “I understood about 2 percent of this story, but I'm under the impression that it's cool.” But “You're going to love this, physics and astronomy nerds!” says Robin Garr. “This kilonova video gave me goosebumps. Poetry in galactic motion from @overbye & @nytvideo,” says Matt Chaban. And Jon Hecht tweets, “The LIGO is possibly the most impressive invention humans have ever built and we should pay more attention to it.”
And finally today, Bone up on Houdini in time for Halloween with help from The Library of Congress. Susan Arendt has the details at GeniiOnline. She tweets, “Houdini was a baller who had ZERO CHILL for fake psychics.”
When it comes to healthcare, The problem is the prices, writes Vox’s Sarah Kliff. She tweets, “I was recently sent a bill for a 3-year-old’s MRI. The procedure cost $25,000.” Tweets Jay Hancock. “More amazing hospital price gouging. Read Lucile Packard Children's Hospital's lame response, told to @sarahkliff.”
Ophelia Kills 2 Amid Some of Ireland's Worst Weather in Decades. That’s from Peter Flanagan at Bloomberg.
From Reuters, Vietnam braces for typhoon Khanun after floods kill 72.
Thousands of new Rohingya refugees flee violence, hunger in Myanmar to Bangladesh, as Reuters’ Zeba Siddiqui and Wa Lone report.