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Where did it go wrong? First, the U.S. and Karzai had different goals. The Afghan President wanted an amnesty extended to all Taliban, from their leader Mullah Omar down to the lowliest turbaned jihadi. "The Americans said 'No way. We don't deal with terrorists,' and they excluded the leadership," one senior Afghan official explained to TIME. One tactic that worked well in Iraq has not been used in Afghanistan. The U.S. forces in Mesopotamia were able to buy off the Sunni insurgency there by offering a monthly wage of $300 for each of 90,000 fighters. No such incentive...
...interning at an asset management firm in New York, and by the end of the next month—once Bear Stearns had wound-down the funds as officially worthless—all of my colleagues, from the most senior money managers to the lowliest analysts, had sat through a number of crash courses in our conference rooms 40 floors over Midtown, covering the inner-workings of “mortgage securitization.” This process governs how a home buyer’s payments make it from Main Street to Wall Street, and what happens when the flow...
From powerful Clinton insiders to the lowliest precinct delegate for Hillary, it was obvious over the weekend that the Clintonites were not going to let Obama tip the scales without a fight. Clinton presidential committee chairman Terry McAuliffe rode frenetically up and down Interstate 35 between Austin and Waco, dropping in on county conventions along the way to spur Hillary's supporters. "She's in this thing for the long haul. The way I look at it, this thing is basically tied," he told the Waco Tribune...
...managed 34 shots to Brown’s 20, and held a 17-3 shots advantage in the third period. In short, it reads like a recipe for a blowout. When those statistics come on the short end of a 4-2 loss to the league’s lowliest opponent, however, they tell a completely different story. Rather than indicating offensive domination, these numbers underscore the Harvard offense’s inability to convert offensive chances, a running theme for the Crimson throughout its slumping second half of the season. “We’re a much...
...remembers him best for his kindness toward even his lowliest test subjects...