David Stockman: the Next Ron Paul
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April 5 (Bloomberg) -- David Stockman first came toprominence as Ronald Reagan’s publicity-prone director of theOffice of Management and Budget in the early 1980s. In thedecades since he was fired from that job, his career in theleveraged-buyout business has been of no great distinctionexcept that it included an indictment for fraud. (The chargeswere dropped and he paid $7.2 million to settle a civil casebrought by the Securities and Exchange Commission.) Now here weare discussing his new book on the corruption of Americancapitalism, “The Great Deformation.”
The interest in his book and in the long column promotingit in the New York Times on March 30 are a tribute to something,I suppose. I’m not quite sure what.