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...better job of lending to small businesses or modifying home loans. And Obama's pay czar, Kenneth Feinberg, could target the bank's bonuses with what the senior bank executive calls a "crazy" pay restriction like the one Britain passed last week. But the banks are expert at staying just on the right side of the Administration's guidelines for lending, and they have many friends on the Hill who can help defuse a movement to punish the banks. Which is why Obama's weapon of choice for now will be trying to shame the banks into better behavior. Which...
...Nick Gibson, an analyst and virtual-world expert at London's Games Investor Consulting, calls it "an interesting idea." But he cautions that the main driver for online shopping "is price and convenience, rather than the social aspects of it." Most consumers, Gibson says, go online to buy something specific, so it's uncertain if they'll find causal shopping and browsing appealing. (See the top 10 video games...
...have had any knowledge of the 10 young men elsewhere in Pakistan who authorities say used those videos as guides to Mumbai months later. LeT is allegedly utilizing this model around the world. "LeT started out as a provincial group in southern Punjab," says Wilson John, an expert on terrorism at the Observer Research Foundation in New Delhi. "It's now networked across the globe...
...speech was certainly very general," says Rob Puentes, an expert on infrastructure investment at Brookings, who was still trying to work out on Tuesday afternoon what Obama had meant hours earlier when he called for a "boost in investment in the nation's infrastructure...
...fighter jets from EADS, Dassault and Saab. This is the biggest single tender ever floated by the Indian military, and the decision will be influenced as much by geopolitics as by technical superiority. "Strategic weapons are not only about technology," says Deba Ranjan Mohanty, a defense expert at the Observer Research Foundation in New Delhi. "It's also about building relationships with the country." Those in the running will have about two years to demonstrate how willing they are to share technology and how closely their national interests are aligned. A state dinner is just a start. See pictures...