While the United States government has a policy against paying ransom to terrorists, the privately held GlobalPost and James Foley’s family were prepared to pay a ransom for the kidnapped freelance journalist’s release, according to GlobalPost co-founder and CEO Phil Balboni. “Jim was a special member of our family,” Balboni said of the longtime GlobalPost correspondent.…
By Karoli Kuns
— August 23, 2014