On Wednesday, more than 1,000 people will gather in New York at the second annual Clinton Global Initiative, a project led by former President Clinton, to tackle problems involving global health, poverty, religious strife and threats to the environment.
Setting the meeting apart from other gabfests, in part, is its steep price: An admission ticket costs $15,000. More than that, most participants -- who include government leaders, corporate executives, heads of nonprofit organizations and an array of big names like Christiane Amanpour, Shimon Peres, Katie Couric and Rupert Murdoch -- must pledge to fund and carry out an initiative to help address one of the problems. And therein lies a dilemma.
Last year, not all participants followed through on their commitments. That's a no-no.
So this year, the Clinton folks have adopted a Reaganesque principle: Trust but verify. Those who don't follow through on their pledges won't be invited back.
[Excerpt of an article by Laurie McGinley, The Wall Street Journal]
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