Robert Rubin, invisible man

Carl Remick carlremick at hotmail.com
Thu Jul 25 10:54:00 PDT 2002



>From: Brad DeLong <delong at econ.Berkeley.EDU>
>
>>Slate's Timothy Noah wrote:
>>
>>Citigroup's (and J.P. Morgan Chase's) prepaid contracts with Enron
>>were very complex, and none of the papers has done an especially
>>good job at explaining precisely what the scandal is. Possibly there
>>is none. But once the editorial decision was made to give this story
>>major play, there was no justification for airbrushing Rubin out of
>>it...
>
>The fact that Rubin didn't join Citigroup until after the loan had
>been repaid doesn't count?
>
>Noah seems to work very hard to leave the impression that Rubin was
>running Citigroup when the prepaid contracts with Enron were made. I
>wonder why...
>
>Brad DeLong

[Picky, picky, picky. That's not to say, though, that Slate doesn't serve up mucho nonsense, e.g.:]

kausfiles Krugman's Cocoon Plus a new blog, Gephardt's Hispandering, and the latest NYT embarrassment. By Mickey Kaus Updated Thursday, July 25, 2002, at 4:29 AM PT

First of a series: Paul Krugman says I'm a conformist, authoritarian rhinoceros! ... He denies that he's part of a left-wing conspiracy, offering this useful description of how he wrote a recent column. (He didn't get orders from Howell Raines, but he did get a fill from the NYT's angry liberal tax expert David Cay Johnston.) ... Krugman also describes his reading habits (in his anti-rhino post):

"I've pretty much restricted my blog reading to Brad DeLong and Josh Marshall ..."

I like Marshall and DeLong, but why live in a Democratic cocoon? Can't you at least read people on the other side? ... P.S.: I like Krugman too, but I think his columns have been severely degraded in the transition from Slate to the NYT. (Had it, lost it. Just like Lou Reed!) I hope to explain some of my objections in future posts, when I'm not blogging from the road and have access to actual books. 3:40 A.M.

[http://www.slate.msn.com/?id=2068433]

Carl

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