English – “trust but verify” Russian – “doveryai, no proveryai” The phrase was used by U.S. President Ronald Reagan at a press conference with Soviet General Secretary Mikhail Gorbachev during the of the signing the INF Treaty at the White House in 1987. After Reagan used the phrase, Mikhail Gorbachev responded: “You repeat that at …
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“Last Friday was my last day at the White House. As I begin my fellowship at Harvard University, I’d like to share my reflections on public service…” So begins, Vivek’s 12-page summary of his time in the Obama administration (the full version can be found via Alex Howard’s GovFresh piece). I’ve been a big fan of …
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Madoff, the SEC, hedge funds & the IC After reading the testimony of Harry Markopolos, the whistleblower in the Madoff Ponzi scheme who crafted such a compelling reconstruction of events he deserves a Nobel Prize in Literature simply for the writing itself, I thought, “Don’t hate the player, hate the game.” Markopolos’ 58-page confessional and …
Madoff, the SEC, hedge funds & the IC After reading the testimony of Harry Markopolos, the whistleblower in the Madoff Ponzi scheme who crafted such a compelling reconstruction of events he deserves a Nobel Prize in Literature simply for the writing itself, I thought, “Don’t hate the player, hate the game.” Markopolos’ 58-page confessional and …