Bill Sharon
Bill Sharon
Role : CEO/Founder
Organization : SORMS

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The Longest War
posted by Bill Sharon  on March 10, 2009

Several weeks ago the New York Times published and article on the number of states that were actively engaged in repealing the death penalty. Apparently it is very expensive to kill someone (some estimates range as high as nearly $2 million) and cash strapped states are discovering lawmakers would rather fill potholes than exercise self-righteousness in the service of the ultimate penalty. And then there is also the increasing number of false convictions; of the 232 convictions overturned by the Innocence Project, 17 spent time on death row. The advance of technology has resulted in many states reconsidering the irrevocable choice of putting someone to death.


The Risk of "Making Money"
posted by Bill Sharon  on October 24, 2010

Those of us who are involved in this new profession called risk management are in a lot of trouble.


The Risk of Demagogues
posted by Bill Sharon  on March 1, 2009

The new CIA Director, Leon Panetta, has a new item in his daily briefing to the President. It is a list of actual and potential locations of civil unrest resulting from the economic crisis. It is a list that is growing and shows no signs of getting shorter any time soon. The summer of 2008 saw food riots in Africa and Asia. Later in the year China began to experience what the government calls “mass incidents” resulting from factory closings and the ensuing financial hardships. The images of six days of violent protest in Greece were seen around the world and reports of demonstrations in France, Ireland, Iceland, Italy, Latvia, Bulgaria and Russia in Europe were complimented with similar events in Haiti and Bolivia in the Americas. 


The Risk of Getting Real
posted by Bill Sharon  on February 1, 2009

In a letter to Horace Greely in 1862, Abraham Lincoln wrote: ”If I could save the Union without freeing any slave I would do it, and if I could save it by freeing all the slaves I would do it; and if I could save it by freeing some and leaving others alone I would also do that.” Even though the Emancipation Proclamation was issued less than a year later it wasn’t until 1865 and the passage of the 13th Amendment that slavery was officially abolished (although it lingered in some American Indian tribal areas for some time afterwards).
 
Ending slavery is often thought to be the central cause of the Civil War; ask any high school student who has endured a fast forward year of American history in nine months. But Lincoln’s letter to Greely tells us that the legacy for which he is known is not the one he would have chosen at the beginning of the war. I think we are in a similar point in history right now. We can substitute Obama for Lincoln and the salvation of the financial system for the preservation of the union. A rational monetary system will hopefully be the equivalent of freeing the slaves…..
 
 

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