Monthly Archives: May 2013

Monthly Archives: May 2013

My Trip to the 2013 OECD Forum on Jobs, Equality & Trust

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[View the story “My Trip to the 2013 OECD Forum on Jobs, Equality & Trust” on Storify]

“We did nothing technically illegal”

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The next time they tell you the financial crisis was not fraud… call <bullshit>. Bank Secrecy Act violations; Money laundering for drug cartels; Violations of sanction orders against Cuba, Iran, Sudan, and former Liberian strongman Charles Taylor; Violations related to the Vatican Bank scandal (get on this, Pope Francis!); Violations of the Commodities Exchange Act; Failure to segregate customer funds (including one CFTC case where the bank failed to segregate $725 million of its own money from a $9.6 billion …

On Free Education and Peter Cooper’s Gift of Self-Help

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  And wisest he in this whole wide land Of hoarding till bent and gray; For all you can hold in your cold dead hand Is what you have given away. -Joaquin Miller    I’m scaling the wide road leading up to the imposing Gothic arches of Greenwood Cemetery in Sunset Park, Brooklyn. All the sounds of the city are muted today, held in the droplets of drizzle that wrap the old cemetery in a blanket haze. Each tombstone reaches …

The Cathie Black Fiasco: Lessons for Confronting Entrenched Power

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Nearly 3 years have passed since that quiet afternoon in November 2010 when I glanced at my phone to see the newsflash:   SCHOOLS CHANCELLOR JOEL KLEIN STEPPING DOWN. BLOOMBERG TO APPOINT CATHLEEN P. BLACK, HEARST MAGAZINE, AS REPLACEMENT   The news is always presented so matter-of-factly, so unemotionally. The effect is predictable and comforting to so many in a hectic, unpredictable world like the one we inhabit. The news usually makes sense of it for us.   Usually, but …

VICTORY! Bloomberg will Have to Give Over Cathie Black Emails

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UPDATE: You can get some context on the whole fiasco here, and RSVP to the Cathie Black Email Reading Party here! This morning, independent journalist Sergio Hernandez reports that: “New York’s highest court has now confirmed, as the trial court and Appellate Division ruled, that the Mayor’s Office has no basis to withhold the Cathie Black emails, and we look forward to the Mayor’s Office finally complying with its obligations under FOIL,” I have offered to host the email reading …