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Last year one U.S.-stock mutual fund made money. One. Out of thousands. TIME's Barbara Kiviat spoke with Tom Forester, who steered the $62 million Forester Value Fund to a category-besting 0.4% return, about a very difficult year and what lies ahead. (See pictures of the Top 10 scared traders...
Crocker, one of the most seasoned U.S. diplomats to work in the Middle East, demurred when offered a chance to speculate on what may be ahead for Iraq. "I'm not going to leave you with any sweeping prophesies," Crocker said. "There is still a substantial distance...
...Ambassador Ryan Crocker half jokes that his long-term planning in Iraq runs roughly two weeks ahead of him. "Almost anything is possible here," said Crocker, speaking at a "farewell" session with reporters in Baghdad. "You cannot underestimate the challenges and the time it takes to work through them." Crocker, who plans to step down as ambassador and retire in about three weeks, was sounding a note of caution on the prospects for Iraq in the aftermath of what appears to be pressure for an even speedier U.S. withdrawal of forces...
...backed away from that promise. Indeed, as Obama prepared to meet with Pentagon officials yesterday, his spokesman Robert Gibbs said, "He will ask for planning to redeploy combat troops within 16 months." Senior officials in Iraq are making clear that they too are open to seeing U.S. troops depart ahead of schedule, setting the stage for a renegotiated U.S.-withdrawal deadline (See pictures of how Iraq's street are returning to normal...
...Staff are made to take modules [seminars] on use of language and how to give balance. From this perspective, it's easy to understand the mind-set. It's just that they seem to have lost touch with the real world and put their editorial values ahead of trying to save lives...