Word: czar
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...problem he said that the company's hands were tied. The employees getting the money had contracts guaranteeing them the payouts. Members of Congress have already asked whether the agreements were "legal." In a moment of lucidity, Lawrence Summers, a former Harvard president who is now the Obama financial czar said that abrogating contracts would led to a precedent that would ripple through the legal system and cause business and the public to lose confidence in the rule of law. To hear Summers talk the action would be worse the Lincoln's suspension of the right of habeas corpus...
...softening of the hard-line approach to medicinal pot use previous Administrations have taken. The nomination of Gil Kerlikowske as the head of the Office of National Drug Control Policy may also signal a softer federal line on marijuana. If he is confirmed as the so-called drug czar, Kerlikowske will take with him experience as police chief of Seattle, where he made it clear that going after people for possessing marijuana was not a priority for his force. (See a story about the grass-roots marijuana war in California...
...federal prison in 2001. As Forbes senior editor Luisa Kroll told The Times of London: "He is not available for interviews, but his financial situation is doing quite well." But while he's not the first narco-kingpin to make the list (that dubious honor went to Colombian cocaine czar Pablo Escobar in 1989), Guzman's inclusion has rankled more than a few readers. As one commenter wrote on Forbes.com: "Since you have started glorifying drug lords and letting younger people see them as 'Billionaires,' this will be my last article...
...until succeeding Fidel was Cuba's Defense Minister for almost five decades, placed numerous military brass loyal to him in key posts. They included General Jose Amado Ricardo Guerra as Secretary of the Council of Ministers, who replaces Carlos Lage, 57, a physician turned economics czar who is widely credited with seeing Cuba through the financially harrowing 1990s after the island lost its massive Soviet subsidies. Lage was often mentioned as a possible successor to Fidel...
...Indeed, several senior Obama Administration officials told me that the least heralded of the three studies - the one by General Douglas Lute, the Bush Administration's "war czar" - was the most valuable. Lute, who is staying on in the Obama Administration, is known to be very skeptical about the Pakistani army's willingness to fight the Taliban, and equally critical of the Karzai government in Afghanistan. But Lute was operating with the smallest staff, and didn't provide much detail about what to do next. (Read "Pakistan's Prospects...