Word: analysts
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...strong military can double their meager salaries by serving with U.N. peacekeeping missions abroad. Some 600 are currently doing so, 134 of them in Iraq. Fijian blue helmets in the Sinai and Lebanon - where 36 were killed during a 24-year deployment - "were well regarded," says defense analyst Jim Rolfe, of the Asia-Pacific Center for Security Studies, in Hawaii. "But those commitments have wound down or ended, so you have a large pool of trained people with nothing to do." Add 3,000 reservists, most of whom don't have regular jobs, and there's an even bigger pool...
...number--6,000 of the combined firm's 140,000 employees worldwide. That won't save billions. Another argument from deal enthusiasts: the merger will give the firms greater bargaining clout with big retail chains. "This is a response to the Wal-Martization of America," says Joseph Altobello, an analyst at CIBC World Markets. A similar case is made regarding advertising purchases--that together the brand-swollen behemoth will be able to wring more favorable terms for ads. Yet P&G and Gillette were megafirms separately. How much more leverage can they truly gain...
...other hand, P&G has never absorbed a company as large as Gillette, with its 30,000 employees, and the price it's paying is steep. "We are skeptical that simply going from $55 billion to $65 billion in revenues really changes all that much," wrote J.P. Morgan analyst John Faucher in a note to investors last week. We'll know when the honeymoon ends. --With reporting by David Bjerklie, Barbara Kiviat and Dody Tsiantar/ New York
...only hope the disaster has opened their eyes to how little this conflict means compared to the devastation and sorrow of the people." FACHRY ALI, Jakarta-based political analyst, on the effect of the Dec. 26 tsunami on talks last week between the Indonesian government and Acehnese separatists...
Other Pentagon units also field secret agents. Code Names, a new book written by defense analyst William Arkin, identifies more than 100 secret units, intelligence programs and communications networks that the Pentagon has set up to fight terrorists. Many have exotic designations like Aztec Silence and Island Sun. "When you put together all these code names, it shows there's something going on out there and it's complex," says Arkin...