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...American capitalism and the banking system. In the meantime, the public has loved watching the tension of big companies pitted against big government. Rich and famous bankers have been ridiculed in public. Some have lost their jobs. Hank Paulson, a well-built former Dartmouth football player and former head of Goldman Sachs and mild-mannered Ben Bernanke have been accused of manipulating a major decision by a public company, Bank of America's (BAC) decision about whether it should by Merrill Lynch, overriding the normal and legal corporate governance system. Put more simply, they broke a law in the name...
With 10 million people, nearly 6 million vehicles and frequent antigovernment protests, Bangkok can be an overwhelming place. For the perfect respite, head to Agalico, tel: (66-2) 662 5857, an all-white teahouse set in a sequestered garden in the middle of Thailand's capital. It's the period fantasy of a Thai aristocrat who was educated in England and lives in a traditional Thai house next door. Homemade scones, quiches and cakes are served in the main teahouse, which, with its wicker furniture and fanciful birdcages, could serve as the location for a Jane Austen courtship scene...
...areas served by the Red Cross and the United Nations High Commissioner for Refugees (UNHCR). That means there is no monitoring of how interrogations are being conducted, or how suspected LTTE fighters are being treated. "We still don't have access to the screening process," says Amin Awad, head of UNHCR operations in Sri Lanka. "It is very important; it is part of our mandate, we are not only an assistance agency but a protection agency. I sincerely hope we get the screening access, otherwise we would be forced to roll back our engagement." It is unlikely, though, that international...
...rising violence and turmoil, his popularity among his own people has hit rock bottom; political allies and rivals alike smell blood in the water; the country's military barely pretends to follow his instructions; the Taliban controls large swaths of his country's territory; and militant groups want his head - literally. So, can Pakistan's President expect some TLC in Washington? From the White House, perhaps, but Capitol Hill has little love left for Zardari...
...General Motors if it wants a voice in how the North American auto industry is restructured. But it's already a silent partner, receiving just 2% of Chrysler and one director on the new board in exchange for $3.2 billion in support. That's poor payback, says Jack Layton, head of the New Democratic Party, Canada's fourth largest federal party, which enjoys strong union ties. "The government did not fight hard enough for job and production-share guarantees," he says...