Month: March, 2006

Fannie Mae: Warnings, what warnings?

31 March, 2006 (12:00) | Uncategorized |

In shareholder lawsuits (such as those filed some time back against Fannie Mae), executive motivation often plays a role: were these honest mistakes, malfeasance of rogue underlings, or rot at the top?  Messrs. Frank Raines (former CEO) and Timothy Howard (former CFO) have stoutly maintained that, although they were of course driven professionals, everything done [...]

68 + 93 = what?

30 March, 2006 (10:53) | Uncategorized |

Although Tuesday’s French protests and sporadic riots (how cynical we grow, to dismiss them as ’sporadic’) may appear an outgrowth of last November’s banlieue insurrections, in fact they are a volatile mix of two polar opposites, as acutely observed by the Washington Post’s Claire Berlinski:
 
This is the second time in four months that France has [...]

Future quantified, New New Orleans: Part 3, prescription

29 March, 2006 (09:17) | Uncategorized |

 

[Continued from the previous Part 1 and Part 2.]

Rand’s quantitative study definitively plots the likely upward trajectory of New New Orleans given ‘reasonable’ decision factors. Can nothing be done to make things better?

Paging Dr. Pangloss!
 

Ideally, the Gordian knots of bureaucracy would be sliced at once, even if that amputates and [...]

Future quantified, New New Orleans: Part 2, prognosis

28 March, 2006 (09:50) | Uncategorized |

[Continued from yesterday's Part 1.]
 

As explained in yesterday’s post, the Rand quantitative study is intended not to editorialize but simply to estimate:

The new RAND study provides the most detailed estimates to date of the likely rate at which residents may return to New Orleans. It was prepared at the request of the Bring [...]

Future quantified, New New Orleans: Part 1, diagnosis

27 March, 2006 (09:38) | Uncategorized |

Even as all and sundry are offering proposals to recapitalize New New Orleans, and the sluggish city and state governments are taking their most hesitant steps toward decisions, Rand Corporation has released a quantitative study about what New New Orleans will be, together with some dramatic maps and charts showing what New Orleans was:

Old [...]