Eddie Lampert has a question
During last night's big discussion on religion and global politics, led by former Secretary of State Madeleine Albright, hedge fund superstar (and Sears boss) Eddie Lampert got up to ask a question.

All the panelists (Albright, Queen Noor of Jordan, Kenneth Roth of Human Rights Watch, David Ignatius of The Washington Post, and Dr. Mustafa Ceric, the Grand Mufti of Bosnia) had been more or less critical of the Bush Administration's approach to foreign policy, especially in the Middle East. Lampert pointed out that a similarly elite panel in the 1980s would have said the same negative things about Ronald Reagan, yet Reagan's foreign policy approach has since gone down in history as a great success.

"What would have to happen," Lampert asked the panel, "to convince you that you were wrong?"

Albright had a pretty straightforward answer. "The situation in Iraq would have to stabilize to the point that it is seen as a great success." Roth of Human Rights Watch offered a response that was less on-topic but certainly interesting: "The U.S. has to live by its ideals so we can promote democracy and not be embarrassed by it."
Posted by Justin Fox 8:47 AM 0 Comments comment | Add a Comment

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.