Word: alongism
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...that may force Geithner, 47, to do some self-evaluation. Along with Paulson and Bernanke, Geithner has been one of the key players overseeing the bailout of the banking industry. Some of the trio's decisions - like not rescuing Lehman Brothers in mid-September - have come under criticism on Wall Street and Capitol Hill for being hesitant and reactive. Associates say Geithner doesn't necessarily disagree with the charge that the government's response "has had an ad hoc, seat-of-the-pants quality to it," as a senior investment banker in the middle of things puts it. That...
Hamas sources say that the impasse between the Egyptians and Hamas was broken by Turkish envoy Ahmad Oglu who volunteered Turkish forces to be placed along the Egyptian-Gaza border to stop arms trafficking. Hamas has agreed to the Turkish offer, this source says. Before withdrawing troops and tanks, Israel wants a guarantee that the Egyptian border will be sealed off so that Hamas can no longer smuggle in Iranian-made rockets to shoot at Israeli cities. So far, Israel and Hamas have failed to agree on the length of the ceasefire proposed by the Egyptians. Israel wants...
TIME's Azmy Keshawi reported by telephone from Gaza that Israeli tanks were advancing on Gaza City along the coastal road, backed by heavy shelling from navy gunships. "One navy shell hit a 13-story apartment building," says Keshawi. "Then when the fire trucks arrived and the firemen were carrying out the injured, a second shell struck the building, and through the clouds of dust I could see many were wounded...
...Born February 4, 1947, in Kittery, Maine, he's a 1968 graduate of the U.S. Naval Academy along with fellow admiral Mike Mullen, chairman of the Joint Chiefs of Staff and Virginia Democratic Senator Jim Webb...
...constant fear of having to do so, in daily terror of the Israeli military's next move. Israel has infiltrated the local news channels and radio broadcasts. While watching the news, we see the screen go black, and a message comes up for a few moments, saying something along the lines of, "You will witness our wrath." We turn off the television and turn on the radio, only to hear the transmission being interrupted as another message from the Israeli military comes forth: "Leave your homes for your own safety! Gather in the center of your town! This...