September 22, 2008
I was in DC when the financial crisis began to play it out. Every evening I’d turn on CNN and listen to some new horror: Lehman Brothers gone, the Treasury refusing to bail out AIG at twenty billion and then deciding to bail them out once the price had risen to eighty-five billion; Morgan Stanley […]
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September 19, 2008
I’m back in New Mexico, after a day spent in a succession of pressurized steel tubes.I’m not going to chat about the meetings. They weren’t secret, but they were sort of complex, and don’t lend themselves to easy summary. Let me just say when you start getting correspondence with the letterhead HEADQUARTERS SUPREME ALLIED COMMANDER […]
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