Showing posts with label Bails. Show all posts
Showing posts with label Bails. Show all posts

Monday, February 17, 2014

China Folds On Reforms - Bails Out 2nd Shadow-Banking Default After "Last Drop Of Blood" Threats

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China Folds On Reforms - Bails Out 2nd Shadow-Banking Default After "Last Drop Of Blood" Threats

Friday, March 15, 2013

OWS bails out the 99 percent




OWS bails out the 99 percent

All across the US, Americans are finding it more difficult to pay their debts, but members of the Occupy Wall Street movement have come up with a solution to…



OWS bails out the 99 percent

Friday, March 1, 2013

Publisher Bails on Lehrer

Disgraced pop-journalist Jonah Lehrer’s publisher Houghton Mifflin Harcourt has just announced that his second book, How We Decide, will be pulled from stores, and customers will be refunded. Michael Moynihan reports on the latest in the Lehrer fiasco. 

Two weeks after disgraced journalist Jonah Lehrer publically apologized for the “frailties” and “weaknesses” that lead to his firing from the New Yorker and withdrawal of his best-selling book Imagine, Houghton Mifflin Harcourt (HMH), publisher of all three of Lehrer’s books, has decided it will no longer offer for sale his second book, How We Decide. After an internal review uncovered significant problems with the book, the publisher is “taking How We Decide off-sale” and has “no plans to reissue it in the future,” HMH senior vice president Bruce Nichols said in an email.

Jonah Lehrer

(left) Getty

HMH, who pulled Imagine from shelves in July and offered refunds to those who had purchased the book, will “shortly alert accounts about How We Decide and offer to refund returns” from customers, Nichols said. He also noted that the company’s review of Proust Was a Neuroscientist, Lehrer’s first book, did not uncover any problems and that it “will remain in print.”

Nichols didn’t reveal the specifics of HMH’s findings, but shortly after the company withdrew Imagine I privately provided them with a handful of problematic passages, gleaned from a cursory look at How We Decide. For instance, during the question-and-answer period following his recent mea culpa, Lehrer referenced the concept of Cockpit Resource Management (CRM), a collaborative system employed on commercial flights in instances of catastrophic mechanical failure. It was an example drawn from How We Decide, in which Lehrer interviews Capt. Al Haynes, who in 1989 crash-landed a United Airlines plane in Sioux City, Iowa, about his experiences with CRM:

“For most of my career, we kind of worked on the concept that the captain was the authority on the aircraft,” says Al Haynes, the captain of Flight 232. “And we lost a few airplanes because of that. Sometimes the captain isn’t as smart as we thought he was…We had 103 years of flying experience there in the cockpit [on Flight 232], trying to get that airplane on the ground. If I hadn’t used CRM, if we had not had everybody’s input, it’s a cinch we wouldn’t have made it.”

And here is what Hayes said in a 1991 lecture to staffers at NASA’s Dryden Flight Research Facility (and mentioned in the Wikipedia entry for CRM):

“Up until 1980, we kind of worked on the concept that the captain was THE authority on the aircraft.  What he said, goes.  And we lost a few airplanes because of that.  Sometimes the captain isn’t as smart as we thought he was… And we had 103 years of flying experience there in the cockpit, trying to get that airplane on the ground,…So if I hadn’t used CLR, if we had not let everybody put their input in, it’s a cinch we wouldn’t have made it.”

Even after the Dylan fiasco, after Imagine had been pulped, and after he publicly declared that the “lies were over now,” Lehrer told me via email that he had indeed interviewed Hayes—providing an email thread of their initial communication—and that the pilot had said the exact same thing, in the exact same language, to him twenty years later.

In his recent apology, Lehrer said that he “hadn’t thought about” providing a full accounting of the errors and plagiarism in his work. But now Houghton Mifflin Harcourt, thankfully, has finally done this for him. And, hopefully, here ends the whole squalid saga.


The Daily Beast – Latest Articles


Publisher Bails on Lehrer