Sunday, July 10, 2011

load01 07/10/2011

  • ‘They should have let Bear Stearns fail,” Sheila Bair said.
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    Ruven Afanador for The New York Times
    Sheila Bair
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    The 6th Floor Blog: This Sunday: Nocera Shoots, Scores (July 8, 2011)
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    Joshua Roberts/Bloomberg News
    Sheila Bair in March with Ben Bernanke, left, and Timothy Geithner.
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    Gerald Herbert/Associated Press
    Bair, in April 2009, with Lawrence Summers and President Obama.
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    It was midmorning on a crisp June day, and Bair, the 57-year-old outgoing chairwoman of the Federal Deposit Insurance Corporation — the federal agency that insures bank deposits and winds down failing banks — was sitting on a couch, sipping a Starbucks latte. We were in the first hour of several lengthy on-the-record interviews. She seemed ever-so-slightly nervous.

    tags: economics

  • When Juliet Jacobs found out she had lung cancer, she was terrified, but realized that her hope lay in getting the best treatment medicine could offer. So she got a second opinion, then a third. In February of 2010, she ended up at Duke University, where she entered a research study whose promise seemed stunning.

    tags: technology

  • LAST week was the 35th anniversary of the return of the American death penalty. It remains as racist and as random as ever.

    Several years after the death penalty was reinstated in 1976, a University of Iowa law professor, David C. Baldus (who died last month), along with two colleagues, published a study examining more than 2,000 homicides that took place in Georgia beginning in 1972. They found that black defendants were 1.7 times more likely to receive the death penalty than white defendants and that murderers of white victims were 4.3 times more likely to be sentenced to death than those who killed blacks.

    tags: culture

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