He is Neil Barofsky. Remember him — the man whose job it was to police the $700 billion Troubled Asset Relief Program? And his new account, a book titled “Bailout” (Free Press), to be published on Tuesday, is a must-read.
His story is illuminating, if deeply depressing. We tag along with Mr. Barofsky, a former federal prosecutor, as he walks into a political buzz saw as the special inspector general for TARP. Government officials, he says, eagerly served Wall Street interests at the public’s expense, and regulators were captured by the very industry they were supposed to be regulating. He says he was warned about being too aggressive in his work, lest he jeopardize his future career.
“In one sense, at least, it’s a game of equals; by broad consensus, the two most enigmatic phenomena around are human consciousness and the origins of the universe. The balance between them, between our curiosity and the universe’s mystery, is in every sense, a fine one.”—Kathryn Schultz
Chances are, a lot of compelling video will be shot on mobile phones and uploaded on sharing sites on the internet within minutes.
Chances are, the first report of a result out of a stadium won’t be Reuters, AP, or Afp. Chances are the first report of a result will be one of 1,572 (to pick a number at random) Twitterers sitting in the stadium banging the result out in a Tweet from their mobile phone.
And since tweets can aggregated and can be searched by keyword – who is the journalist? What is the media organisation? Who has control?
I’m willing to bet that 90% of the athletes participating all have Facebook pages and blogs and Twitter accounts and video-enabled mobiles themselves.
While I know you’ve tried to put some rules and structure around what athletes can and can’t do, frankly I think you’re whistling in the wind.
To say they can blog as long as it isn’t journalistic, misses the point.
David Schlesinger, chairman of Thomson Reuters China, former Editor-in-Chief of Reuters on the draconian rules of the Olympic committee
This was written back in 2009, today we are still under very strange rules. One of them tries to control how you link to the Olympics. (see 5. Linking Policy)
AMC Networks will provide Dish Network customers access to the Season 5 premiere of Breaking Bad on Sunday, July 15, on its website, after the satellite operator dropped the programmer’s networks last month.
Obama is not proposing that families making up to $250,000 a year keep their tax cuts while families making more than that don’t. He’s proposing that everyfamily keep their tax cuts on their first $250,000 of taxable income (which isnot the same as “income” or “earnings,” by the way).
That includes families with taxable income of $260,000, $1 million, $5 billion, $3 trillion, or whatever Jay-Z and Beyonce make in a year. Everyone would continue to pay a lower tax rate on their first $250,000 of taxable income under Obama’s plan. To report that Obama only wants to maintain tax cuts for families making less than $250,000 is simply false.
With its mixture of speed and features, Tweetbot long ago became my go-to Twitter client for both the iPhone and iPad. And today it launches for the Mac as well.
It’s in the pretty early alpha stage, but it works. Users of Tweetbot for iOS will feel right at home. Most importantly for me, it’s retina-ready, meaning I no longer have to look at the abomination that is Twitter for Mac on a Retina MacBook Pro.
I have basically no faith in Twitter updating Twitter for Mac again with the departure of creator Loren Brichter from the company. So Tweetbot is most welcome. Hopefully it’s allowed to stay.
You’d think they had no idea, from reading the financial press. For instance, the WSJ’s Pui-Wing Tam started an article today by talking about “little-known social coding start-up GitHub”. Or consider this, from the FT’s Barney Jopson:
Most consumers still view Amazon as an online book retailer. Some are surprised to find it sells much more than the single product with which Jeff Bezos, its founder and chief executive, started in 1994.
I’m unclear on the purpose this kind of thing serves. For tech-savvy readers, it certainly makes these papers seem incredibly out-of-touch and irrelevant. Is it a way of reassuring the Old People that they’re not completely out of the loop? If so, it’s a pretty ham-fisted way of doing it. My guess is that it’s ultimately coming from crusty old editors who still view smartphones with suspicion. And that it’s going to be a serious impediment to these titles going effectively digital.
“Sure, we as a nation have always killed people. A lot of people. But no president has ever waged war by killing enemies one by one, targeting them individually for execution, wherever they are. The Obama administration has taken pains to tell us, over and over again, that they are careful, scrupulous of our laws, and determined to avoid the loss of collateral, innocent lives. They’re careful because when it comes to waging war on individuals, the distinction between war and murder becomes a fine one. Especially when, on occasion, the individuals we target are Americans and when, in one instance, the collateral damage was an American boy.”—Tom Junod, The lethal presidency of Barack Obama