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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Brumar89 who wrote (696003)1/29/2013 9:17:15 PM
From: FJB1 Recommendation  Respond to of 1572357
 
Enron Follies



Rich Karlgaard, 02.13.02, 8:00 AM ET

We take no joy in watching Paul Krugman sink with the Enron scandal and blow his Nobel chances. (Okay, we do.)

The Princeton economics professor, as it turns out, pocketed a $50,000 "advisory" fee from the oil trader in 1999. Then he wrote a puff piece inFortune, the fashion magazine, only weeks later. Krugman now blamesGeorge W. Bush and Dick Cheney for dragging him into this. Twice a week he stomps his feet at the gods of injustice from the op-ed pages ofThe New York Times.

One feels for Krugman. Three years ago he told a London interviewer he envied the life of John Maynard Keynes. Awful times--wars, plagues and depressions--spur nervous world leaders to reach out for wise men like Keynes. The worse the economy got in the 1930s, the more Keynes bestrode Parliament like a colossus. How satisfying!

Cont...

forbes.com



To: Brumar89 who wrote (696003)1/29/2013 9:29:56 PM
From: jlallen5 Recommendations  Read Replies (1) | Respond to of 1572357
 
By Krugman's own admission he was on that board almost an entire year....so CJ is FOS as usual.