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Dateline, India: Vikram Pandit Named in Citi Fraud Case

Update: A Citi spokesperson contacted The Observer with the following statement:

As this individual well knows, Citi identified the fraud and immediately reported the matter to the regulators and law enforcement agencies. His claims against senior executives are completely without basis and we intend to contest them vigorously. It was on Citi complaint that the Gurgaon Read More

Self Interest as the Driver of National Climate and Energy Policy

This weekend found President Obama hitting every Sunday TV talk show to talk up health care policy. For some environmental advocates, this focus deepened their concern that the United States would lose this moment and punt on climate policy. However, take heart, this week the U.N.’s climate summit begins in New York and the President Read More

Obama-Clinton Policy Team Hits Fast Wall: India

As Barack Obama and Hillary Clinton stood at a Dec. 1 press conference in Chicago to announce her nomination as secretary of state, they promised the country, and the world, a much-needed push toward the restoration of world order.

It would be, Mr. Obama said, “a new beginning—a new dawn of Read More

Massacre in Mumbai

New York joins the world in mourning the horrific and senseless terrorist attacks in Mumbai last week, during which over 188 people lost their lives, and grief and fear flooded India’s financial capital. As home to one of the world’s most flourishing communities of Indian émigrés, New York shares a brotherly bond with Mumbai, now Read More

Wage Slaves in Their Natural Habitat

Office life—that Beckettian game of Whac-a-Mole—is the subject of Then We Came to the End, an amusing debut novel from Joshua Ferris. Told in the collective first-person, a know-it-all “we” (like The Virgin Suicides), this is a book about the disposable, often awkward, sometimes precious, usually tedious moments of the workday. “How we hated our Read More

City Tops for Foreign Commercial Real-Estate Investment, Survey Says

New York tops Washington, D.C., survey says! Well, at least among very rich foreign investors and their preference to invest in commercial real estate here. The survey was conducted by the Association of Foreign Investors in Real Estate, based in--of all places--Madison, Wis. L.A., San Francisco and Seattle round out the top-five. The full release Read More

25 Little Socialites

Derek Blasberg insists that he has nothing to do with SocialiteRank.com. In fact, it’s one of the reasons that Mr. Blasberg—he’s a sort of fashion-writer/socialite-walker hybrid who has oft been accused of being behind the dishy, girl-ranking Web site—went to India. To prove, once and for all, that he’s not behind the site. “Going to Read More

Giuliani’s Foreign Policy Defense

With Rudy Giuliani inching closer to an official run for the presidency, it is worth taking a look at an area (besides the well-covered social issues) where the McCain camp clearly feels that he is vulnerable: foreign policy. Last week, Newsday took a critical look at Rudy's foreign experience, and John McCain, on "This Read More

Collective Punishment in the Old Testament

From The Holocaust in American Life, by Peter Novick (1999): "In the Jewish tradition, some memories are very long lasting... Some memories, once functional, become dysfunctional. The concluding chapters of the Book of Esther tell of the queen's soliciting permission to slaughter not just the Jews' armed enemies but the enemies' wives and children—with a Read More

Clintons’ Ball: Bill Blocking, Hill Huddles

On March 31, Bill Clinton stood on a small stage in the Allen Room on the top floor of Jazz at Lincoln Center, talking to an audience that included millionaires, nonprofit leaders and Nigerian President Olusegun Obasanjo. He spoke about everything from global warming to world poverty to playing basketball for peace in the Middle Read More

Clintons’ Ball: Bill Blocking, Hill Huddles

On March 31, Bill Clinton stood on a small stage in the Allen Room on the top floor of Jazz at Lincoln Center, talking to an audience that included millionaires, nonprofit leaders and Nigerian President Olusegun Obasanjo. He spoke about everything from global warming to world poverty to playing basketball for peace in the Middle Read More

Bush Welcomes India Into the Anglosphere

In the midst of the Iraqi civil war that missed happening and the Dubai port takeover that shouldn’t happen, the Bush administration helped midwife something very right that will have good effects for many decades. President Bush met with India’s Prime Minister Manmohan Singh, and welcomed India formally into the nuclear club. India was a Read More

Bush Welcomes India Into the Anglosphere

In the midst of the Iraqi civil war that missed happening and the Dubai port takeover that shouldn’t happen, the Bush administration helped midwife something very right that will have good effects for many decades. President Bush met with India’s Prime Minister Manmohan Singh, and welcomed India formally into the nuclear club. India was a Read More


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