{"id":6693,"date":"2014-03-19T21:47:58","date_gmt":"2014-03-20T04:47:58","guid":{"rendered":"http:\/\/www.blackswanreport.com\/blog\/?p=6693"},"modified":"2014-03-19T21:47:58","modified_gmt":"2014-03-20T04:47:58","slug":"when-you-see-fraud-shout-fraud","status":"publish","type":"post","link":"https:\/\/www.blackswanreport.com\/blog\/2014\/03\/when-you-see-fraud-shout-fraud\/","title":{"rendered":"When you see fraud shout fraud!.."},"content":{"rendered":"<blockquote>\n<p>When you see fraud shout fraud!<\/p>\n<p>INVERSE SKIN IN THE GAME\/CRONY CAPITALISM. Peter Orszag is one of those Obama cronies who wrote the report about Fannie Mae being safe (while I was shouting that it was sitting on dynamite) and, thanks to absence of skin-in-the-game, or inverse skin-in-the-game, got a job in the Obama administration (Chapter 23 in ANTIFRAGILE) after Fannie Mae went bust (and had a taxpayer backup).<\/p>\n<p>Now as predicted he is making &gt;$3 million from Citibank a firm that the taxpayer saved!<\/p>\n<p>Here is how his taxpayer-backed income was revealed.<\/p>\n<p><em><a href=\"http:\/\/www.washingtonpost.com\/blogs\/reliable-source\/wp\/2014\/03\/12\/peter-orszag-and-ex-wife-in-contentious-court-fight-over-child-support\/?tid=pm_lifestyle_pop\" target=\"_blank\">http:\/\/www.washingtonpost.com\/blogs\/reliable-source\/wp\/2014\/03\/12\/peter-orszag-and-ex-wife-in-contentious-court-fight-over-child-support\/?tid=pm_lifestyle_pop<\/a><\/em><\/p>\n<p><em>Peter Orszag and ex-wife in contentious court fight over child support<\/em><br \/><em>The former head of OMB reveals he made more than $3 million last year.<\/em><br \/><em>Washington Post<\/em><\/p>\n<\/blockquote>\n<p>via <a href=\"https:\/\/www.facebook.com\/permalink.php?story_fbid=10202746145728365&amp;id=13012333374\">(1) When you see fraud shout fraud! INVERSE SKIN IN&#8230; &#8211; Nassim Nicholas Taleb<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When you see fraud shout fraud! INVERSE SKIN IN THE GAME\/CRONY CAPITALISM. Peter Orszag is one of those Obama cronies who wrote the report about Fannie Mae being safe (while I was shouting that it was sitting on dynamite) and, thanks to absence of skin-in-the-game, or inverse skin-in-the-game, got a job in the Obama administration [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[145],"tags":[790],"class_list":["post-6693","post","type-post","status-publish","format-standard","hentry","category-facebook","tag-orszag"],"_links":{"self":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/6693","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/comments?post=6693"}],"version-history":[{"count":3,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/6693\/revisions"}],"predecessor-version":[{"id":6696,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/6693\/revisions\/6696"}],"wp:attachment":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/media?parent=6693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/categories?post=6693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/tags?post=6693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}