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Whatever Leon Panetta lacked in formal intel experience he would make up for with his political smarts. That was one of the chief points made in his favor when the Obama Administration named the former California Congressman and Clinton White House chief of staff as its CIA director. So many CIA veterans were not happy over the summer, when they felt that Panetta had failed to protect the agency from the political backlash over its Bush-era detention and interrogation practices. "There was a feeling [Panetta] had not done enough to defend the CIA from the politicians," says a former...
...former CIA veterans who remain in contact with serving colleagues say spirits were lifted in recent weeks when the White House ruled in the agency's favor on two disputes with the DNI. "People are more upbeat than they have been in a long time," says a retired station chief. "They're finally warming up to Panetta." (See a two-minute bio of Leon Panetta...
Another proximate cause were new loosey-goosey borrowing rules (if they can be called that) that allowed the likes of Bear Stearns and Lehman to pile $30 of debt onto each $1 of capital. The chief executives of these firms argued vociferously for the right to greater leverage and vociferously against regulating derivatives because, they claimed, unfettered markets were more efficient. Yes, it was the unfettered use of leverage and derivatives that destroyed their companies and wreaked havoc on the rest...
...this has made these 15 Senators - three of whom, including Reid, Bennet and Arkansas's Blanche Lincoln, are facing tough races next November - top lobbying targets of pro-life groups. And the person they expect to be wrangler in chief of this nervous group? Casey. "He's our No. 1 target to influence others," says Joy Yearout, spokeswoman for the Susan B. Anthony List, a national pro-life fundraising group that has seen activity increase 50% in the past two years (the group is already running $130,000 worth of commercials against Reid). "Casey ran as a pro-life Democrat...
...been a spontaneous act, but the new report calls the attack "meticulously planned" and carried out with the approval of senior members of the BJP, implicating L.K. Advani, who had been present at the site, and other top party leaders such Murli Manohar Joshi, and Kalyan Singh, then Chief Minister of Uttar Pradesh. (See who's who among India's most influential people...