Waking Up in the Morning to World Reset by Epstein Files: Maybe Worse than UK Profumo Scandal, US Watergate
Boomers lived through both the British John Profumo scandal - national security at risk, government tumbled - and witnessing the system work after the Watergate break-in - presidential power curbed.
What's playing out daily after the release of the Epstein files could be even more disruptive, at least for the time being.
Over in the UK, we all know that former Prince Andrew is finished. In addition, the rest of the royals are suffering residual backlash. Also finished is former Ambassador to the US Peter Mandelson who is being investigated for sharing confidential market-sensitive information with Epstein. Prime Minister Keir Stamer, who appointed Mandelson, might have to step down. Yes, it's all that ugly. Expect more ripple effects.
Across the ocean, here in the US the fallout is reshaping everything from reputations/legacies to careers to institutions.
One-time Sun God in the field of linguistics Noam Chomsky has been rebranded from owning the territory to Friend of Jeffrey. He had been a public relations advisor and chief consoler for Epstein when he was receiving bad press about being a pedophile. Since I specialized in linguistics during doctoral studies people ask me about Chomsky. All I can say now is this: First it was radical politics, then the Epstein association which tarnished the legacy.
Sure, Goldman Sachs is going gangbusters. But among some of us there is what we hope is a death watch for its top lawyer Kathy Ruemmler. Is this a game of waiting for the intensity of the fallout to abate so that the prominent legal player who referred to Epstein as "Uncle Jeffrey" and accepted bling can hold her job?
The art world also has been shaken. Even before this file dump Leon Black stepped down from heading the board of the Museum of Modern Art. With the dump David Ross, former Whitney head, gave up his leadership position at the School for Visual Arts in New York.
Academia is under scrutiny. Bard accepted a nice donation from Epstein. In the past so did Harvard, MIT and Stanford. Apollo CEO Mark Rowan is in the front lines of the campaign to reform higher education.
Meanwhile, those within elite law firm Paul, Weiss face a major culture shift. Former chair Brad Karp, who stepped down this week, had been outward looking. That ranged from thought leadership to hands-on compassionate innovation such as establishing as a public service the free COVID digital resource center. His style was graceful sophistication.
The new chair Scott Barshay is known to be all-business. An ethos of grind? Will the firm fold into itself, one-dimensionally focused on lucrative transactional assignments? Will partners who still value the idea of law as a key institution in society leave?
In my coaching, the response among clients to Epstein Everything is essentially resignation to that's how the world in the top tiers operates. They accept how powerless most human beings are. A popular book for achieving peace of mind is "Radical Acceptance" by Tara Brach.
But all that Epstein stuff is history in the making. Most are following the fallout, hour by hour. During the Watergate hearings small TVs were on everywhere.
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