2009 Nobel Peace Prize a disservice and a potential liability." An editorial in "The Washington Post" began, "It's an odd Nobel Peace Prize that almost makes you embarrassed for the honoree", and compared the Nobel Committee's statement that Obama had "created a new climate in international politics" to a recent satirical skit on television. A "Los Angeles Times" editorial said the committee "didn't just embarrass Obama, it diminished the credibility of the prize itself". Thomas L. Friedman of "The New York Times" wrote, "It dismays me that the most important prize in the world has been devalued in this way". Much of the commentary
Nobel Peace Prize the final decision has not been made until the last meeting before the official announcement at the beginning of October. The Chairman of the Norwegian Nobel Committee presents the Nobel Peace Prize in the presence of the King of Norway on 10 December each year (the anniversary of Nobel's death). The Peace Prize is the only Nobel Prize not presented in Stockholm. The Nobel laureate receives a diploma, a medal, and a document confirming the prize amount. , the prize was worth 10 million SEK (about US$1.5 million). Since 1990, the Nobel Peace Prize Ceremony is held at Oslo City