June 30, 2013

B.D. Tweets

For any stalwarts still frequenting this space please note I've opened up a Twitter account as well. You can find it here. It will likely be somewhat more active than B.D. in the near term given time constraints on longer pieces. Frankly, as any long-time reader will appreciate, writing fewer than 140 characters might prove something of a challenge for me, but I'm galvanized to give it a go!

Posted by Gregory at 12:08 PM | Comments (0) | TrackBack

June 16, 2013

Quote-Worthy

From Bart Gellman's latest re NSA/Snowden:

"We have rich oversight across three branches of government. I’ve got an [inspector general] here, a fairly robust legal staff here . . . and there’s the Justice Department’s national security division...For those things done under court jurisdiction, the courts are intrusive in my business, appropriately so, and there are two congressional committees. It’s a belts-and-suspenders-and-Velcro approach, and inside there’s rich auditing.”

Forgive me that I'm commenting in haste, and I hope to have more soon, but my first reaction reading this was to recall a splendid footnote from Michael Lewis' "The Big Short":

Wall Street firms like to say they build Chinese walls to keep information about customer trading from leaking to their own proprietary trading. Vincent Daniel of FrontPoint Partners offered the most succinct response to this pretense: “When I hear ‘Chinese wall,’ I think, ‘You’re a fucking liar.’”

I mean "fairly robust", "belt and suspenders" & "rich auditing" were already pretty rich (pun unintended), but Velcro too? The lady doth protest too much, methinks.

Posted by Gregory at 11:09 AM | Comments (2)

About Belgravia Dispatch

Gregory Djerejian comments intermittently on global politics, finance & diplomacy at this site. The views expressed herein are solely his own and do not represent those of any organization.


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