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...Maoists see themselves as the agents of democracy in Nepal, stifled by the objections of reactionary, status-quo forces, while many in the Congress, let alone in factions aligned still to the ancien régime of the monarchy, doubt the radical guerrillas' commitment to any political scenario where they may not retain complete control. Despite a compromise thrashed out at the end of last year, which set elections for this April, observers expect conflict to be inevitable. "What more must we give the Maoists?" asks R.S. Mahat, Nepal's Finance Minister and a Congress Party member. "Their strategy...
Listen, let me tell you something: I knew Nick Leeson. Oh, OK, not personally. But as a reporter, I covered Leeson, the young trader who single-handedly broke the bank at Barings in 1995. And you know what? This kid Jérôme Kerviel, the 31-year-old who managed to lose $7.2 billion (that's with a B) at Paris investment bank Société Générale in just a few weeks, he's ... he's ... so much like Leeson that it's scary...
...liable to panic and mess up in ways that keep pushing the decimal point over to the right - without their "superiors" knowing about it until it's way too late. Nick Leeson taught us that in the '90s, and now, in just the same way, so has Jérôme Kerviel. And if that makes you nervous in this, the age of financial exotica, it should...
...CHARLES R. MELVOIN...
...victory in Florida's closed primary should silence the refrain that has echoed through talk radio and conservative blogs ever since McCain started to claw his way toward the nomination: He's not a "real Republican." Says one McCain staffer: "Maybe after they see his name next to an 'R' in the general election they'll change their minds...