Stories I’d like to see

Drachma redux, Hoffa’s killers, besting JPMorgan

By Steven Brill
May 22, 2012

1. Printing drachmas?

What actually will happen if Greece leaves the euro zone and goes back to its own currency? How would that work? Is there a printing press somewhere busily churning out drachmas just in case? Or did they keep the old ones in storage? How will Greeks get new drachmas? Will they exchange their euros for them? How will the exchange rates be determined? How will all the software for cash registers and credit card and e-commerce transactions be reprogrammed?

Press-dinner proceeds, cat-and-mouse China reporting, testing the testers

By Steven Brill
May 15, 2012

1. The White House Correspondents Dinner: How much for charity?

Two Sundays ago, Tom Brokaw used an appearance on Meet the Press to attack the increasingly over-the-top annual gathering of press, politicians and Hollywood stars and hangers-on known as the White House Correspondents’ Dinner. Brokaw called it “an event that separates the press from the people that they’re supposed to serve. It is time to re-think it.” Incoming correspondents’ association president Ed Henry of Fox News quickly tweeted back that the dinner, which featured among other celebs Kim Kardashian, “raises TON of $ for needy kids who might not get into journalism w/out help.”

Homeland loses focus, ditching the filibuster, unions that own big business

By Steven Brill
May 8, 2012

1. Protecting the Homeland….in New Zealand

Is Homeland Security Secretary Janet Napolitano completely on the sidelines? And has she not gotten the memo about limiting government travel? How else to explain that on May 2 she began a trip to New Zealand and Australia? May 2 was the anniversary of Osama bin Laden’s death, when we were supposedly on high alert for possible al Qaeda attacks; and it was also when the prostitution scandal involving the Secret Service – which is part of Napolitano’s department – was raging. A Department of Homeland Security press release described the trip this way:

Military movers, insuring a pitcher’s arm, and lobbyists against federal travel caps

By Steven Brill
May 1, 2012

1. The $5 billion moving bill:

Reports last week that the U.S. had agreed with Japan to transfer 9,000 of its 19,000 troops out of Okinawa stated matter-of-factly that the move will cost $8.6 billion – that’s billion, or $955,000 per service member. Even with Japan paying $3.1 billion of the bill, that leaves the U.S. with $5.5 billion of the tab.

The rebuff to Citi’s board, boxing’s decline, and GSA follow-ups

By Steven Brill
April 24, 2012

1. Where is Citi’s board?

In the wake of the shareholders’ stunning 55 percent vote against the 2011 compensation packages approved by the Citigroup Board of Directors for CEO Vikram Pandit ($14.9 million) and other top executives, why hasn’t anyone put a microphone in front of Citi’s blue-chip board members – who include former Mexican President Ernesto Zedillo, Rockefeller Foundation President and former University of Pennsylvania President Judith Rodin, and former Stanford business school dean Robert Joss – asking them to explain their decisions? Although the shareholder vote (which came because a provision in the Dodd-Frank financial reform law required it) is only advisory, it was meant to encourage exactly that kind of accountability for decisions made by board members, who in this case earned $225,000 to $612,500 last year, depending on their committee assignments. So far it seems that only outgoing Citigroup Chairman (and former Time Warner CEO) Richard Parsons has been put on the spot by the press.

Cheney’s heart, CVS and privacy, and Wal-Mart’s guns

By Steven Brill
April 17, 2012

1. Who gives out hearts?

In exploring whether former Vice-President Cheney might have received preferential treatment when he got a heart transplant recently, many of the reporters covering the story referred to what the New York Times called “a national system that tracks donors and recipients by medical criteria.” Two doctors were then quoted as saying, as one put it: “It is not possible to game the system.”

Hoop academics, judging the GSA, Latin healthcare

By Steven Brill
April 10, 2012

1. Hoop academics:

What’s one year of classes at the University of Kentucky really like for basketball stars?

Cable conflicts, BlackBerry’s demise and China’s millionaires

By Steven Brill
April 3, 2012

1. Disclosure on cable news shows:

When talking heads come on the cable-TV news shows to support their causes and attack the opposition, are there any standards imposed by their host networks for disclosing conflicts of interest?

Hooked on drug ads, education collision in Hawaii, and the gas frenzy

By Steven Brill
March 27, 2012

1. Are Diane Sawyer, Scott Pelley and Brian Williams hooked on Cymbalta?

Every time I suffer through the (simultaneously timed) commercial breaks on one of the network evening news shows I wish I could read a story about prescription drug advertising on television. I’ll bet these ads now account for two-thirds or more of revenues for the network news shows, whose viewer demographics are apparently perfect targets for drugs directed at older people with erectile dysfunction, withering bones, dry eyes, insomnia, lung malfunction (as illustrated by an elephant sitting on some guy’s chest), incontinence, and whatever it is that is cured by something called Cymbalta, whose ads I think I saw on all three shows the other night.

Examining the insanity defense, MSNBC’s weekend sleaze, and suing OPEC

By Steven Brill
March 20, 2012

1. The Afghan massacre and the insanity defense:

Beginning late last week we began to see the outlines of a possible defense for Robert Bales, the army sergeant who allegedly massacred 16 Afghan civilians earlier this month: insanity or diminished capacity. “When it all comes out, it will be a combination of stress, alcohol and domestic issues — he just snapped,” a “senior American official” told the New York Times. So, it’s time for a general review of the tough-to-pull-off insanity or diminished capacity defenses, along with a focus on the even higher hurdles involved in using either in a court-martial. (An insanity defense is a plea of not guilty by reason of insanity; diminished capacity means the defendant does not contest guilt but seeks to be convicted of a lesser offense or get a more lenient sentence.) That story should also tell us how much Bales’s defense lawyer might be able to turn the case into a trial over increasingly controversial Pentagon policies related to multiple redeployments, the treatment of traumatic head injuries and post-traumatic stress disorder. Good sidebars would tell us whether Afghanistan, whose Parliament is still demanding that Bales be tried in Afghan courts, even allows an insanity defense, and how open the trial is likely to be, including to cameras.