Word: isi
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...Analyst Ed Najarian, who follows bank stocks at independent research firm ISI Group, says Wells will weather the current economic crisis better than its rivals, but that investors shouldn't take much comfort in that. "We think Wells' earnings may be lower than expected in the second half of this year as credit losses rise and mortgage-origination revenue declines," says Najarian, who rates Wells shares a "hold." (Watch TIME's video of Peter Schiff trash-talking the markets...
...Russians with your weapons ... But now the money you are paying the Pakistanis is being used against us and also you," he said, referring to the general belief, shared by Afghan tribes and the U.S. military, that the Taliban is being supported by the Pakistani Inter-Services Intelligence directorate (ISI). (See pictures of the battle against the Taliban...
Indeed, the meetings that Holbrooke and Mullen had with Pakistani civic leaders were far less hopeful than the meetings in Afghanistan. The local journalists seemed more intent on defending the Pakistani army and intelligence services ("Why are you always beating up on the ISI?") than on the threat that terrorists posed to their country. The war was an American war, an American problem - even though the terrorists had allegedly tried to blow up the entire Pakistani Cabinet in a bombing of the Marriott Hotel in Islamabad on Sept...
Zardari's U.S.-backed government is continuing to struggle. The recent political turmoil has settled but has left the already unpopular President in a weaker position, making it even more difficult for him to influence the army and a skeptical public. "The ISI is run by the army and will do what [Army chief] General [Ashfaq] Kayani wants," says Sethi...
Still, many Pakistani politicians and analysts believe Washington should play a subtler role in that pursuit. "This is what I said to Holbrooke and Mullen," says Sethi. "It fuels anti-Americanism. I told Holbrooke that leaking allegations against the ISI is counterproductive. I told Mullen that the closer he appears to Kayani, the more he will feel the need to demonstrate his independence to his constituency ... I don't understand why they can't be more discreet...