Lazy Daze There is a large cocktail party underway in the House of Representatives Chamber in the U.S. Capital today. I say that because it is past 5:00pm in Washington D.C., so officially into Happy Hour, and the scene on the floor of the House is not so much chaotic as without any discernible direction. At a cocktail party, once you have a drink in hand, you wander around aimlessly, chit-chatting your way around the…
Risking Everything I am stealing that headline from the New York Times this morning as that theme seems to be screaming this morning for attention. The article in the Times is about the rising protests in Iran and China and the fact that the oppression in those two autocratic countries has gotten incredibly severe and economic salve is so absent, that people cannot help themselves but protest. This is in the light of the economic…
The Cookie Starts to Crumble In wrapping up my ethics course, I have just gone over my final lecture where I will review all the fundamental concepts we have discussed and debated during the semester. I really think I have, over two semesters of teaching this course, pulled together an excellent set of almost universal topics that would be worthwhile for almost anyone to spend some time considering or studying. Obviously, it is geared to…
Roiled I find the word roiled to be very useful and descriptive in many circumstances. I find myself often using it to describe markets, which can become very agitated. I particularly used it in my testimony with the U.S. Attorney’s office for the Eastern District of New York (Tillary Street in Brooklyn) as the financial crash of 2008 was unfolding. Now those were roiled markets. It is meant to describe a mixing of fluids that…
A Benign Conundrum When I returned from my stint in Gulag Toronto, the assignment I was given in 1990 as punishment for presiding over a commodities merchant banking unit (I had been specifically asked to keep charge of it as I tried to wrestle the burgeoning global derivatives business to the mat during its adolescence) when it took a large loss on a supposedly secured cotton merchant loan. It turned out that the bonded warehouse…
Fixing the World I often say to people that I teach because I get so much out of it. That sounds like a lot of Hoo Haw to most people, even to me, but it may also be true. One of the things that I clearly experience from teaching is the integration of that process with y expert witness activity. One truly does feed off the other. I am a more interesting and valuable expert…
Relief I think I speak for Kim as well when I say that I am very tired of politics. I have spent a lifetime ignoring politics even though I lived through some pretty turbulent times. My first election at the ripe old age of eighteen was the 1972 election that set the stage for the era of Watergate hijinx and Nixon. The big political issues were war and economy (Vietnam and Stagflation). Fifty years later…
A Precious Gift In 2014, someone decided to make yet another movie about the biblical apocalypse of the great flood. They gathered Russell Crowe, Jennifer Connelly, Anthony Hopkins and Emma Watson to play out the story of Noah. First interesting choice made by Director Darren Arofonsky, perhaps due to the presence on set of the fabled Sir Anthony Hopkins, the classical Shakespearean actor who trained under Sir Laurence Olivier and was guided by the craft…
From the Depths I came back to my hilltop last week with a cold. It wasn’t COVID, it was a cold. I tested for COVID on Tuesday morning and again (COVID can be a tricky bastard) yesterday…Monday…since we had guests coming and I felt I owed it to them to be sure of my infectiousness. I had also heard from friend Gary in West Hollywood that what he had thought was a cold upon returning…
Corruption There are certain themes that dredge up lots of memories and sentiments. The sad state of affairs in life in general is that the word corruption is one such theme. Corruption is most often used to describe fraudulent or dishonest conduct and is most often associated with that act being undertaken by someone in a powerful or otherwise trusted position. I have always considered myself a trusting person. I like to think that I…