Word: mandelbaum
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...Bejski commission concluded that the banks' practice of trading in their own shares amounted to illegal manipulation. Its report criticized Mandelbaum and other government officials for failing to take any action to prevent the banks from bringing on the stock crash...
...country's infamous 1983 bank-stock crash. Most of them had left their jobs after the debacle. Now the Bejski panel has recommended that six senior banking officials be fired if they refuse to resign. The six are the heads of five major private banks and Moshe Mandelbaum, governor of the government-run Bank of Israel, which is the country's counterpart to the U.S. Federal Reserve. The commission urged that four of the five executives be barred for life from the industry. By week's end Mandelbaum and Giora Gazit, managing director of Bank Hapoalim, had resigned...
...thought the Clinton Administration frittered away American power in places that weren't worth it, ignoring matters of vital U.S. national interest in favor of a feel-good, bleeding-heart preoccupation with the suffering of those unfortunate to live in places of no consequence. In a biting criticism, Michael Mandelbaum of Johns Hopkins University in a 1996 article in Foreign Affairs dubbed the Clintonian strategy "foreign policy as social work." Such an approach, Mandelbaum argued, was bound to be both prohibitively expensive and unlikely to sustain the support of the American public...
...called Mandelbaum last week and asked him whether he thought social work was now in style. "Indeed," he said, and so it is. In Iraq today, U.S. soldiers are building soccer fields and standing guard over girls' schools. This is being done in the name of an Administration whose members openly despised Clinton's habit of using the armed forces for missions short of war. ("We don't need to have the 82nd Airborne escorting kids to kindergarten," said Condoleezza Rice, now National Security Adviser, to the New York Times in 2000.) As for Liberia, all the key phrases last...
...they argue, his rule was so vile that getting rid of it was a service to mankind. That is true. But if the test for deploying American power to remove a regime is not the danger it poses to the U.S. but its wickedness, why stop at Iraq? As Mandelbaum wrote seven years ago, "The world is a big place filled with distressed people." Why not ease the suffering of those in, say, Burma or Zimbabwe...