Krugman: Telling It Right

[La_Serpiente]

Telling It Right

This is a very, very important part of history, and we've got to tell it right." So says Thomas Kean, chairman of the independent commission investigating the 9/11 attacks. Mr. Kean promises major revelations in testimony next month: "This was not something that had to happen." We'll see: maybe those of us who expected the 9/11 commission to produce yet another whitewash were wrong. Meanwhile, one can only echo his sentiment: it's important to tell our history right, not just about the events that led up to 9/11, but about the events that followed.

The capture of Saddam Hussein has produced a great outpouring of relief among both Iraqis and Americans. He's no longer taunting us from hiding; he was a monster and deserves whatever fate awaits him. But we shouldn't let war supporters use the occasion of Saddam's capture to rewrite the recent history of U.S. foreign policy, to draw a veil over the way the nation was misled into war.

Even the Iraq war's critics usually focus on the practical failures of the Bush administration's policy, rather than its morality. After all, the war came at a heavy cost, even before the fighting began: to prepare for the Iraq campaign, the administration diverted resources away from Afghanistan before the job was done, giving Al Qaeda a chance to get away and the Taliban a chance to regroup.

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Telling It Right

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[ochazuke]

1. Krugman: A Teller of Truth

I wish some of the presidential candidates had said it that clearly and convincingly.

[The Zanti Regent]

2. Thank you, Paul K!

Once again, the only man who tells the truth at the Screw York Times lays it out in language EVERYONE can understand!

[Myra]

3. How could I have gone this long without learning the term "Screw

York Times"? It's so true; what a rag.
Thank gawd they had no idea what they were taking on
when they hired Krugman. Just thought he was a meek little
economist.

Now he's...Krugman.

[cosmicdot]

8. never hurts to remind DUers-at-large of The Carlyle Group's link to NYT

one of its Board of Directos is ...

William E. Kennard
Director

William E. Kennard was elected to the Board of Directors of The New York Times Company in 2001.

Mr. Kennard joined The Carlyle Group, a private equity firm, in May 2001 as a Managing Director in the Global Telecommunications and Media Group. Before joining The Carlyle Group, Mr. Kennard served as Chairman of the U.S. Federal Communications Commission from November 1997 to January 2001.

Mr. Kennard served as the FCC's general counsel from December 1993 to November 1997. Before serving in the government, Mr. Kennard was a partner and a member of the board of directors of the law firm of Verner, Liipfert, Bernhard, McPherson and Hand.

Mr. Kennard is also a member of the board of directors of Nextel Communications and Handspring, Inc.

Other Board members include:

John F. Akers
Director

John F. Akers was elected to the Board of Directors of The New York Times Company in 1985.

Mr. Akers served as chairman of the board and CEO of International Business Machines Corporation (IBM) from 1986 until his retirement in 1993, completing a 33-year career at the company.

Mr. Akers also serves on the boards of W.R. Grace & Co., Hallmark Cards, Inc., PepsiCo, Inc. and Lehman Brothers Holdings, Inc.

Committee Memberships: Finance (Chairman), Compensation, and Nominating & Governance

Brenda C. Barnes
Director

Brenda C. Barnes was elected to the Board of Directors of The New York Times Company in 1998.

Ms. Barnes currently is a director on the boards of Sears, Roebuck and Co., Avon Products, Inc., TyCom Ltd., LucasArts Entertainment Company L.L.C. and LucasDigital Ltd. She also serves as the chairman of the board of trustees of Augustana College, is on the advisory board of Rosie O'Donnell's For All Kids Foundation, and is an adjunct professor at the Kellog Graduate School of Management and North Central College.

Ms. Barnes served as president and chief executive officer of Pepsi-Cola North America from 1996 until she retired in 1997. During her more than 22 years with Pepsi-Cola and its parent company, PepsiCo, she held a wide range of senior executive positions in general management, manufacturing, sales, marketing, and corporate operations. She began her career with PepsiCo as a business manager for Wilson Sporting Goods in 1976; became vice president, marketing for Frito-Lay in 1981; group vice president, marketing for Pepsi-Cola in 1984; president of Pepsi-Cola South/West in the early 90s; chief operating officer of Pepsi-Cola North America in 1993, and chief executive officer in 1996.

From November 1999 until March 2000, Ms. Barnes was Interim President and Chief Operating Officer of Starwood Hotels & Resorts.

Committee Memberships: Compensation (Chairman) and Finance

Raul E. Cesan
Director

Raul E. Cesan was elected to the Board of Directors of The New York Times Company in 1999.

Mr. Cesan served as president and chief operating officer of the Schering-Plough Corporation from 1998 until 2001, culminating a 24-year career at the company.

He joined Schering-Plough, which is engaged in the discovery, development, manufacturing and marketing of pharmaceutical and health care products worldwide, in 1977 as director of finance and administration for the company's Latin American region. He subsequently held positions of increasing responsibility, including president of operations in Europe, the Middle East and Africa, and was appointed president of Schering-Plough International in 1988. In 1992, he became president of Schering Laboratories, the U.S. pharmaceutical marketing arm, and in 1994, became president of Schering-Plough Pharmaceuticals.

Committee Memberships: Audit and Finance

Jacqueline H. Dryfoos
Director

Jacqueline H. Dryfoos was elected to the Board of Directors of The New York Times Company in 2000.

Ms. Dryfoos, who has been in private practice as a psychotherapist since 1981, has also been affiliated with the Institute of Contemporary Psychotherapy since 1986.

Committee Memberships: Foundation (Chairman) and Finance

Michael Golden
Vice Chairman and Senior Vice President

Michael Golden was elected to the Board of Directors of The New York Times Company in 1997.

Mr. Golden has served as vice chairman and senior vice president of The New York Times Company since 1997. Previously, he served as vice president for operations development from 1996 to 1997.

Mr. Golden was executive vice president and publisher at the company's Tennis magazine from 1994 to 1996. Prior to that, he served as executive vice president and general manager of the company's Women's Publishing Division from 1991 to 1994; publisher of McCall's magazine from 1990 to 1991; and general manager of Child magazine from to April 1990. The Times Company sold its Women's Publishing Division in 1994.

From 1986 to 1988, Mr. Golden served as senior vice president of The Retail Magazine Marketing Company, which was the Company's magazine distributor. Previously, he served as production manager of Family Circle since joining the company in 1984.

Prior to joining The Times Company, Mr. Golden worked for eight years in a series of editorial and management posts at The Chattanooga (Tenn.) Times.

Committee Membership: Foundation


Russell T. Lewis
President and Chief Executive Officer

Russell T. Lewis was elected to the Board of Directors of The New York Times Company in 1997.

Mr. Lewis has served as chief executive officer of The New York Times Company since October 1997. He also serves as president of the Company, a position he has held since September 1996. As CEO, he has primary responsibility for overseeing and coordinating all of the Company's operations and business units and for working closely with the chairman to chart the future direction of the Company.

Previously, Mr. Lewis served as president and general manager of The New York Times newspaper from 1993 to 1996, responsible for all of The Times's business functions, including the production, circulation, advertising, financial, systems and planning areas. Under his leadership, The Times:

Accelerated revenue growth despite a sluggish advertising environment
Improved profit margins through expense controls, production efficiencies and selective pricing initiatives in advertising and circulation Completed the College Point (Queens, N.Y.) color printing and distribution plant on time and on budget Reduced the business side staff size by more than 10% over four years Completed the newsroom pagination project, which resulted in significant cost savings Before serving as president of The Times, Mr. Lewis was executive vice president and deputy general manager from 1992 to 1993, and prior to that, senior vice president, production from 1988 to 1992. During that period, he led the restructuring of the production areas to be managed by non-union managers and the successful transition to the Edison, N.J., color printing and distribution plant.

Previously, Mr. Lewis served in various positions at The Times, including senior vice president of circulation from 1984 to 1988; vice president of circulation in 1983; assistant director of consumer marketing in 1982; and circulation sales director in 1981. During this period, The Times:

Increased daily circulation by over 130,000 copies and Sunday by over 122,000 copies, making The Times the largest selling Sunday newspaper in the U.S. Converted home delivery system from independent dealers to Times controlled T-routes. Rolled out the National Edition and instituted home delivery in over 30 major cities Consolidated the network of metropolitan area newspaper wholesalers and took control of that critical aspect of The Times's business Mr. Lewis first joined The Times in 1966, as a copy boy, while attending college. He became a news clerk, then a news assistant, and won a Publisher's Award for a story he wrote about a New York City postal strike. In 1977, he returned to The Times as a staff attorney in the Company's legal department and was involved in litigation on a number of issues regarding freedom of the press. In May 2001, for the third consecutive year, Mr. Lewis was selected for Worth Magazine's list of the "50 Best CEOs."

(we'll be the judge of that ... good ol'boys praising fellow good ol'boys)

David E. Liddle
Director

David E. Liddle was elected to the Board of Directors of The New York Times Company in 2000.

Since 2000, Dr. Liddle has been a partner at U.S. Venture Partners, is a Silicon Valley-based venture capital firm. Between 1992 and 1999, he served as president of Interval Research Corporation, a Silicon Valley-based laboratory and incubator for new businesses focusing on broadband, consumer devices, interaction design and advanced technologies.

Previously, Dr. Liddle founded Metaphor Computer Systems in 1982 and served as its president and CEO. He has also held executive positions at Xerox Corporation and IBM.

Committee Memberships: Audit and Compensation

Ellen R. Marram
Director

Ellen R. Marram was elected to the Board of Directors of The New York Times Company in 1998.

Ms. Marram has served as a managing director of North Castle Partners, LLC. since 2000.

From 1999 until 2000, Ms. Marram was president and chief executive officer of efdex Inc. (the Electronic Food & Drink Exchange), an Internet-based commodities exchange for the food and beverage industry.

Ms. Marram, who left the Tropicana Beverage Group in 1998 after it was sold by The Seagram Company Ltd., had served as its president and chief executive officer from 1997 to 1998. She joined the company in 1993 as group president. Previously, she served as president and chief executive officer of the Nabisco Biscuit Company, the largest operating unit of Nabisco, Inc. Prior to joining Standard Brands Incorporated in 1977, which later merged with Nabisco, she worked with Johnson & Johnson and Lever Brothers.

Ms. Marram also serves on the board of directors of the Ford Motor Company.

Committee Member ships: Audit (Chairman), Foundation, and Nominating & Governance

Henry B. Schacht
Director

Henry B. Schacht was elected to the Board of Directors of The New York Times Company in 1999.

Mr. Schacht serves as chairman of the board and CEO of Lucent Technologies Inc. Mr. Schacht was the first chairman and CEO of Lucent when it was spun off from the AT&T Corporation in 1996. Mr. Schact retired from Lucent in 1998 and returned to his current position in October 2000.

Mr. Schacht had been a managing director and senior advisor at E.M. Warburg, Pincus & Co., L.L.C. since 1999 (currently on unpaid leave). Previously, Mr. Schacht served as chairman and CEO of Cummins Engine Company, Inc., retiring in 1995 after 31 years.

Mr. Schacht also serves on the boards of Avaya Inc., Aluminum Company of America (Alcoa), Johnson & Johnson, Knoll, Inc., and Lucent Technologies Inc.

Committee Memberships: Finance and Compensation

Donald M. Stewart
Director

Donald M. Stewart was elected to the Board of Directors of The New York Times Company in 1986.

Dr. Stewart has served as president and CEO of The Chicago Community Trust since 2000. From 1999 to 2000, Dr. Stewart was senior program officer and special advisor to the president of the Carnegie Corporation of New York.

Previously, Dr. Stewart served as president of The College Board (an association of high schools and colleges, sponsor of the Scholastic Assessment Test (SAT) and other academic activites) from 1987 to 1999. From 1976 to 1986, he served as president of Spelman College, Atlanta, Ga.

Dr. Stewart also serves as a director of The Principal Financial Group in Des Moines, Iowa, and Campbell Soup Company.

Committee Memberships: Compensation, Foundation, and Nominating & Governance

Arthur Sulzberger, Jr.
Chairman and Publisher, The New York Times

Arthur Ochs Sulzberger, Jr. was elected to the Board of Directors of The New York Times Company in 1997.

Mr. Sulzberger was named chairman of The New York Times Company on October 16, 1997. As the Company's senior executive, he is responsible for the Company's long-term business strategy. He retains his title as publisher of The New York Times, where he runs the Company's flagship enterprise on a day-to-day basis. He was named publisher in 1992 following 14 years with The Times in a variety of news and business positions.

Under his leadership as publisher, Mr. Sulzberger has been instrumental in shaping The Times's news coverage, business strategies and labor relations. He has directed or overseen many dramatic changes in the newspaper, benefitting both readers and advertisers, including the:

Introduction of color into the Sunday advance sections (Book Review, Arts & Leisure, Travel and Real Estate) and the New Jersey Section
Introduction of The City section to serve Manhattan readers
Creation of the Boston and Washington editions printed at remote locations Creation of the NYT Electronic Media Company (now New York Times Digital), which includes The Times's successful web site (www.NYTimes.com) Re-design and expansion of the Sunday and daily business sections, the Sunday Magazine, The Metro Section and the Television section Earning of 18 Pulitzer Prizes (during his nine years as publisher) Previously, Mr. Sulzberger was deputy publisher from 1988 to 1992, overseeing the news and business departments. In that capacity he was involved in planning The Times's automated color printing and distribution facilities in Edison, N.J., and at College Point in Queens, N.Y. In January 1987, he was named assistant publisher and worked with The Times's top management on budgeting and long-range planning. Previously, he worked in advertising sales and became a group advertising manager. He also served in the production department and was an analyst in the corporate planning department.

He was assistant editor on the metropolitan desk in 1982 after working as a metro reporter since 1981 and a correspondent in Washington, since 1978, when he joined The Times.

Before joining The Times, Mr. Sulzberger was a reporter with The Raleigh (N.C.) Times, from 1974 to 1976, and a correspondent in London for The Associated Press from 1976 to 1978.

He is a member of the Board of the Newspaper Association of America.

Committee Memberships: Foundation and Nominating & Governance

Cathy Sulzberger
Director

Cathy Sulzberger was elected to the Board of Directors of The New York Times Company in 2002.

Since 1988 Ms. Sulzberger has been a partner in LHIW Real Estate Development Partnership. Previously from 1980 until 1988, Ms. Sulzberger was a consumer affairs consultant for the National Association Retail Druggists, where she was in charge of developing consumer programs.

Before that, Ms. Sulzberger was on the executive staff of the National Consumers Congress from 1978 until 1980, where she was an advocate for food and drug issues. From 1973 until 1978, she was the executive director of the Consumer Action for Improved Foods and Drugs, a consumer advocacy group. Ms. Sulzberger also served on the staff of Senator Jacob Javits on the Health Subcommittee from 1971 until 1973, where she worked on health legislation and reauthorizations.

Ms. Sulzberger was on the Chattanooga (Tenn.) Times Board of Directors from 1996 until 1999.

She was also an editor of Consumer Drug: Digest: American Society of Hospital Pharmacists and Medication Teaching Manual: National Association of Retail Druggist, and a Consumer Editor of the Journal of the National Association of Retail Druggists.

http://www.sec.gov/Archives/edgar/data/71691/000104746903007552/a2100209zdef14a.htm#profiles

[0007]

4. Every person in the world that doesn't kowtow to the U.S.

is a suspected terrorist. "Does anyone remember that Dick Cheney voted against a resolution calling for Nelson Mandela's release from prison?" That's right Mandela is a suspected terrorist!

[northzax]

5. Er, Mandela

was certainly openly sympathetic to terrorism. The ANC was not above using violence on occasion, and Mandela never recounced violence as a means. If you define terrorism as violence by a non-state group for political purposes, as I do, Mandela certainly fits the bill. sorry.

please note this is not a condemnation of a great man, Mandela remains one of my idols, but let's not look at the world through rosy glasses.

[priller]

6. 53 percent of Americans believe that Saddam had something to do with 9/11

Reminds me of the performance by Peggy Noonan on Hardball last night. She just kept getting hammered by Tweety and the others on this point, that there was no evidence to support this. Didn't matter. She still "felt" and "believed" that since Saddam was a bad guy and hated the US, he must be involved somehow, some way, and surely that will come out one of these days.

[Wetzelbill]

7. Krugman is the man!

[sherifffruitfly]

9. reply

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