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If you’ve got a few minutes to spare, check out Megan’s article from the latest issue of The Atlantic.

Her WASPy tales of Nantucket explain why we all pay so much for wedding photographers.

Megan McArdle: Why Goldman Always Wins

IN THE SUMMER of 2000, David Poor, a direct descendant of a founder of Standard & Poor’s, flew me to his family’s Nantucket home on a private jet.

I am sure he will not remember having done so. At the time, he was the head of Merrill Lynch’s technology investment-banking group, and I was a summer associate serving out my internship in his department. The only time I got more than a glimpse of him was during that Nantucket weekend, when we larval M.B.A.s tried to impress the boss with the panache with which we donned ugly chintz sundresses or crisp new Nantucket Reds. Bunked at his mother’s “cottage” with the few other women in the group, I spent the weekend gingerly sipping gin-and-tonics and trying to fade into the couch.