http://www.dianaswednesday.com/2008/08/wednesday-night-1382/ Where the world comes together Wed, 08 Sep 2010 13:21:26 +0000 http://wordpress.org/?v=2.2.2 http://www.dianaswednesday.com/2008/08/wednesday-night-1382/#comment-4979 David Kilgour Fri, 05 Sep 2008 16:40:06 +0000 http://www.dianaswednesday.com/2008/08/wednesday-night-1382/#comment-4979 Postscript on the ICC<a href="http://www.sudantribune.com/spip.php?article28511" rel="nofollow"> <strong>French official offers Sudan a deal to settle ICC row</strong></a> September 4, 2008 (KHARTOUM) – The French government presented to Sudan a plan that may lead to blocking investigations by the International Criminal Court (ICC), according to a news report. The daily Al-Hayat newspaper published in London said that the French Presidential Advisor for African Affairs Bruno Joubert promised to support a deferral of ICC prosecutions through a UN Security Council (UNSC) resolution. In return for that Sudan would prosecute two suspects wanted by the ICC including Ahmed Haroun, state minister for humanitarian affairs and militia commander Ali Mohamed Ali Abdel-Rahman, also know as Ali Kushayb. <strong>Distressing news! David</strong> Postscript on the ICC
French official offers Sudan a deal to settle ICC row
September 4, 2008 (KHARTOUM) – The French government presented to Sudan a plan that may lead to blocking investigations by the International Criminal Court (ICC), according to a news report.
The daily Al-Hayat newspaper published in London said that the French Presidential Advisor for African Affairs Bruno Joubert promised to support a deferral of ICC prosecutions through a UN Security Council (UNSC) resolution.
In return for that Sudan would prosecute two suspects wanted by the ICC including Ahmed Haroun, state minister for humanitarian affairs and militia commander Ali Mohamed Ali Abdel-Rahman, also know as Ali Kushayb.
Distressing news! David

]]> http://www.dianaswednesday.com/2008/08/wednesday-night-1382/#comment-4641 AD Tue, 26 Aug 2008 04:52:41 +0000 http://www.dianaswednesday.com/2008/08/wednesday-night-1382/#comment-4641 From our favorite economist: A simple way to tell this story is to say that many billions in assets people thought existed turned out not to exist. It takes time to sort out and to discover who lost how much.(Contrast this with a war, where assets are also destroyed. In the latter case, it is painfully obvious whose house was leveled.) One interesting (??) show is how GM is trying to reinvent itself as an Overseas automobile company. Ford is not doing anything obvious to save itself. Chrysler is owned and run by a hedge fund. The losers in the US are primarily the shareholders of banks, as it should be. The ABCP story in Canada is an attempt to shift the burden of the bank shareholders to the folks who happened to hold the paper on Aug.13 2007. That is the real story behind Purdy Crawford et.al. In the US a similar attempt was very recently foiled by the regulators. From our favorite economist:
A simple way to tell this story is to say that many billions in assets people thought existed turned out not to exist. It takes time to sort out and to discover who lost how much.(Contrast this with a war, where assets are also destroyed. In the latter case, it is painfully obvious whose house was leveled.)
One interesting (??) show is how GM is trying to reinvent itself as an Overseas automobile company. Ford is not doing anything obvious to save itself. Chrysler is owned and run by a hedge fund. The losers in the US are primarily the shareholders of banks, as it should be. The ABCP story in Canada is an attempt to shift the burden of the bank shareholders to the folks who happened to hold the paper on Aug.13 2007. That is the real story behind Purdy Crawford et.al. In the US a similar attempt was very recently foiled by the regulators.

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