Skip Navigation
Megan McArdle

Megan McArdle - Megan McArdle is a senior editor for The Atlantic who writes about business and economics. She has worked at three start-ups, a consulting firm, an investment bank, a disaster recovery firm at Ground Zero, and The Economist. More

Megan was born and raised on the Upper West Side of Manhattan, and yes, she does enjoy her lattes, as well as the occasional extra-dry skim-milk cappuccino. Her checkered work history includes three start-ups, four years as a technology project manager for a boutique consulting firm, a summer as an associate at an investment bank, and a year spent as sort of an executive copy girl for one of the disaster-recovery firms at Ground Zero … all before the age of 30.

While working at Ground Zero, Megan started Live From the WTC, a blog focused on economics, business, and cooking. She may or may not have been the first major economics blogger, depending on whether we are allowed to throw outlying variables such as Brad Delong out of the set. From there it was but a few steps down the slippery slope to freelance journalism. She has worked in various capacities for The Economist, where she wrote about economics and oversaw the founding of Free Exchange, the magazine's economics blog. She has also maintained her own blog, Asymmetrical Information, which moved to The Atlantic, along with its owner, in August 2007.

Megan holds a bachelor's degree in English literature from the University of Pennsylvania and an M.B.A. from the University of Chicago. After a lifetime as a New Yorker, she now resides in northwest Washington, D.C., where she is still trying to figure out what one does with an apartment larger than 400 square feet.

Love shack

By Megan McArdle
Aug 20 2007, 5:54 PM ET Comment

Mark Kleiman and I have been discussing the theory that the disaster recovery bunker in WTC 7 was placed so as to make the best love nest for Rudy Giuliani and his then-extramarital-girlfriend (now wife). Mark has just responded to a post I made on my old blog:

She makes two points:

1. Traffic near City Hall was tied up on 9/11, vindicating the decision to place the command center should be within walking distance.

2. Giuliani and Nathan had other places to canoodle, including "her apartment and the City's many fine luxury hotels."

As to point #2, as long as Rudy and Judi were engaging in discreet adultery rather than flagrant adultery, having the Mayor visit her apartment, or taking a room in a luxury hotel, would have created certain ... security risks. Much better to have the city supply the love nest. As noted above, Barrett's flat assertion that the couple repeatedly visited the command center has gone uncontradicted, so far as I know. What do you think they were doing there: fire drills?

As to point #1, I don't pretend to be an expert on emergency management, but as far as I can tell no one but Giuliani supported the decision to place the command center at WTC7, or the "walking distance" criterion that justified that decision. That ought to raise red flags. This is not a case where "common sense" deserves serious consideration when it conflicts with expert opinion.

Yes, traffic near City Hall was tied up. But traffic near any disaster site was likely to be tied up. If the disaster wasn't near City Hall, the Mayor and his staff could have been easily transported to whatever command center had been chosen. (Apparently the favored location was actually in Brooklyn.) In a pinch, NYPD has helicopters.


On the point about their illicit liasons I am under the impression that, whatever the danger, they did in fact routinely visit hotels and her apartment, which is how the thing became common knowlege; certainly, showing up at the bunker together wasn't exactly a good way to keep it secret. I'm sure they did go to the bunker . . . and if I had such a place, I think I'd be tempted to at least neck on the desk near the secret button. But that doesn't mean it was therefore purpose-built for illicit assignations.

On the second point, it wasn't just traffic near the buildings that was snarled; that traffic may have been better than uptown. Remember, the island was sealed shut in the middle of rush hour. Police cars and ambulances can only clear a route to get somewhere if there is somewhere for the other cars to turn into. In Midtown and the financial district at rush hours, the streets are literally a solid block of cars. They would have to drive up onto the sidewalk to give a mayoral entourage a clear path--except that there are cars parked along the side of the street, so they can't do that.

In retrospect, of course, it was dumb. But hindsight bias distorts our perceptions. People who were against an idea remember having been against it much more strongly (and for better reasons) than they actually were at the time; people who were for it forget or play down their support; and people who didn't take part in the decision vastly overestimate the likelihood that they would have correctly predicted the actual outcome. Thus, it starts to make sense to look for conspiracies . . . a mole inside the organisation, or a venal politician who placed a bunker to use it as a love nest. It is not impossible that this was the case, but it doesn't strike me as particularly likely.

Presented by

More at The Atlantic

What Matters in President Obama's 2013 Budget What Matters in President Obama's 2013 Budget
Mourning in America: Whitney Houston and the Social Speed of Grief Houston's Death and the Social Speed of Grief
The 10 Best and 10 Worst States for High-Tech Business The 10 Best States for High-Tech Business
We Don't Need a Digital sabbath, We Need More Time You Don't Need a Break From Technology
9 fACES of the New Egypt 9 Faces of the New Egypt

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.
blog comments powered by Disqus
Special Report
Submit Your Photos of America at Work AP Submit Your Photos of America at Work
Send us your images of friends, family, and neighbors on the job. We'll publish the best. Read more ›

Just In

View All Correspondents

The Biggest Story in Photos

Valentine's Day 2012

Feb 14, 2012

Subscribe Now

SAVE 59%! 10 issues JUST $2.45 PER COPY

Facebook

Newsletters

Sign up to receive our free newsletters

(sample)

(sample)

(sample)

(sample)

Megan McArdle
from the Magazine

Why Companies Fail

GM’s stock price has sunk by a third since its IPO. Why is corporate turnaround so difficult…

The Graduates

Busted banking careers, crashed consultants, and shrunken incomes: the author attends her 10-year…

Romney’s Business

The Republican contender touts his business experience—but does it really matter?