When Journalists Sit On A Story, It’s Bad News

November 16, 2011

A group of journalists covering the G-20 summit decided to bury a story. Despite their efforts, the news got out anyway.

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Life Lessons On Occupied Wall Street

October 7, 2011

Lessons from occupied Wall Street: the world is a cynical and precarious place.

Patriotic Justice

January 10, 2011

No one was very surprised last month when a Russian court convicted Mikhail Khodorkovsky, former head of the Yukos oil company, of embezzling $25 billion worth of oil. But what made the verdict predictable wasn’t the strength of the charges against Khodorkovsky. In fact, the absurdity of some of the prosecutors’ arguments made even the judge laugh. The reason everyone knew what would happen was that the case was in …

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Restoring Confidence In Europe’s Banks

June 25, 2010

The financial crisis that gripped the world in late 2008 was, most of all, a crisis of confidence. What we knew about the condition of America’s biggest financial institutions was bad enough, but what we didn’t know was terrifying. This is why the “stress tests” that financial regulators publicly performed on 19 of the country’s largest financial firms last year were so helpful. In some cases the news was good, …

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Western Leaders Stand Together, Alone

September 28, 2009

The leaders of the United States, France and Britain wanted to show strength and resolve Friday as they denounced Iran’s belated disclosure that it is building a second nuclear fuel enrichment facility. Instead, they showed just how isolated the Western industrial democracies have become. There were 20 prominent heads of state in Pittsburgh that morning, gathered for the G-20 economic summit. President Obama, France’s President Nicolas Sarkozy and Prime Minister …

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