Thursday, December 30, 2004

Bowling for Palestine

Oliver Kamm has the goods on Arafat's (or are they the Palestinian Authority's?) financial holdings, which included, among other things, a bowling alley in Brooklyn.

"...I served for some years as a trustee of a pension fund about as large in total as a single one of Arafat's private-equity holdings. I can only say that if I and my fellow-trustees, in the regulated and democratic UK system, had discharged our fiduciary responsibilities as Arafat did his, I should probably be writing this post in somewhat less comfortable and more constrained circumstances than I am used to."

I feel the same way about the realm I work in. But I don't think that accountability (financial or otherwise) is the point for a lot of folks.

No comments: