In the dénouement of the US government's successful
lawsuit against Harvard University for its failed Russia project
in the 1990s, a scheduled conference again has been postponed,
this time until June 2, while the various parties' continue
their four-month-long attempt to agree on appropriate damages.
A negotiated settlement would avoid an expensive and time-consuming
jury trial before US District Court Judge Douglas Woodlock
to determine the extent of the harm.
Harvard already has been found to have breached its contract
with the US Agency for International Development to provide
disinterested advice to the government of Russia; its economics
professor Andrei Shleifer and his deputy, Jonathan Hay, to
have committed fraud by speculating in Russian securities
and trying to start a mutual fund business with their wives.
The really interesting news in the matter, however, came
last week when Boston Globe columnist Alex Beam surfaced the
name of author David McClintick in connection with the case.
There was nothing as tangible as a press release or a book
contract to report. McClintick spoke to Beam but declined
to confirm that he had undertaken the project.
But in calls to others with knowledge of events, the writer
had explained he was planning to write a book. There is every
reason to expect it will be a good one.
A 65-year-old former reporter for The Wall Street Journal,
McClintick is the author of three books in 30 years. All three
show a remarkable ability to work with a wide variety of sources.
The first was Stealing From the Rich: The Home-Stake Oil
Swindle, a 1977 cautionary
tale of a drilling-rights tax-shelter scam memorable mainly
for the energy and precision with which it was told. (A banker's
son from Bartlesville, Oklahoma, fleeces well-to-do citizens
around the country, including some prominent ones.)
The second, Indecent Exposure: A True Story of Hollywood
and Wall Street, appeared
in 1982 and became a classic, a non-fiction rival to Elmore
Leonard's Get Shorty as an account of lax morals in the film industry, in
this case at its uppermost levels. (Columbia Pictures chief
executive David Begelman forges actor Cliff Robertson's name
to a $10,000 check and gradually becomes a metaphor for widespread
Tinseltown corruption.) McClintick been dividing his time
between New York and Los Angeles ever since.
The third, begun after McClintick had left the paper and
entered upon the career of an independent author and published
in 1993, was Swordfish: A True Story of Ambition, Savagery,
and Betrayal. Not to be confused with the computer-scam John Travolta movie of the
same name, Swordfish
also illustrates an essentially timeless tale -- a story of
espionage and betrayal -- with a highly particular tale, the
harrowing but successful penetration of a Columbian drug ring
by an agent of the Drug Enforcement Agency in Miami.
"I wrote Swordfish
for a variety of reasons," McClintick explains in a note on
sources and methods that itself tells the fascinating tale
of how he reported the story (much of the dialogue is painstakingly
reconstructed, not just from transcripts of wiretaps, but
from complicated conversations with various parties about
the about the contexts in which those conversations took place).
"It was an opportunity to tell the story of a group
of intriguing people living through a time of crisis. It was
an opportunity to study, from the inside, an agency of the
United States Government under siege from a great international
menace. It was an opportunity to write about one of
the most intractable social and moral issues of the late 20th
century -- the drug plague."
As a Wall Street Journal reporter for eleven years, McClintick
absorbed that newspaper's sense of what constitutes an adequate
explanation of a set of facts -- the fairest and most sophisticated
in the news business. As he wrote in his first book, the Journal
is "one of the relatively few publications in the world that
encourages and enables its writers and editors to practice
journalism as a profession rather than as an assembly-line
craft."
(Significantly, the Journal is the only English-language
newspaper to have evinced significant interest in the story
of the Harvard Russia project. It published authoritative
front-page stories in 1997 and 2004, both by Carla Anne Robbins.)
Those books, elaborating the canons of fairness and accuracy
on projects of steadily increasing complexity, handily qualify
McClintick as a Bigfoot, a term journalists reserve for members
of their tribe who have won the right to deal with the principals
in the stories they cover on more or less equal terms, either
by dint of the newspapers for which they work or the importance
of books they are expected to publish.
Moscow in the mid-90s was a fabulous story, a goldrush of
epic proportions. The Yeltsin government, seeking to render
impossible a return to state control of the economy, sold
most of the nation's productive assets for a fraction of their
value to a handful of savvy insiders who quickly became billionaires.
Today they are collectively known as oligarchs.
But what makes Harvard's involvement so interesting is its
human dimension. It is essentially the story of a friendship
between two of the brightest among the rising generation of
economists, Lawrence Summers and Andrei Shleifer. They met
and became fast friends in 1979, when Summers was a Harvard
teaching fellow and Shleifer was a sophomore student, having
emigrated with his parents from the former Soviet Union only
two years before.
Seventeen years later, Shleifer was teaching at Harvard and
advising Yeltsin on behalf of the US, while Summers was coordinating
US policy towards Russia as Deputy Secretary of the Treasury.
And five years after that, Summers was named president of
Harvard University.
All that intervened was a USAID investigation of Shleifer's
Russian investments (and those of his wife, his deputy and
his deputy's wife and father), which led to the collapse of
the project in 1997, and, over Harvard's vehement objections,
the lawsuit brought by the US Attorney in Boston in 2000.
Shleifer, too, has continued to function at a high level,
winning the John Bates Clark medal in 1999 for having made
a substantial contribution to economics before the age of
40, gaining a named chair at Harvard, becoming editor of the
Journal of Economic Perspectives, a leading journal of the
American Economic Association, and last month publishing a
book vigorously defending the advice he gave to the government
of Boris Yeltsin -- A Normal Country: Russia After Communism.
Finally, McClintick is well-qualified to undertake to tell
this complicated story whole in one other dimension. He is
a 1962 graduate of Harvard College: close enough to the university
to be a member of the largely honorary board of incorporators
of Harvard's alumni magazine; sufficiently insulated from
its influence by a life-long reputation as an investigative
reporter.
Everybody still has to work hard on this case, especially
Judge Woodlock. But McClintick's entry onto the scene permits
the rest of who have followed the story to relax a little,
secure in the conviction that, once justice has been served
in the courtroom, the whole episode will be placed in context
in a larger sphere.
There are, after all, severe limits to what can be told in
a courtroom. As the great physicist Richard Feynman once remarked,
"A very great deal more truth can become known than can be
proved."