Word: rightfulness
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...weeks after president Obama took office, his Administration sought to manage expectations on Afghanistan. Yes, it was the right war, a war of necessity--but winning didn't require turning the country into a "Jeffersonian democracy" (Obama's phrase) or a "Central Asian Valhalla" (as Defense Secretary Robert Gates put it). The implication was that President Bush had become too distracted by secondary, nation-building goals, such as ensuring that Afghan girls went to school. Obama would focus on the main task: defeating al-Qaeda and the Taliban...
...late 2001, this ratio began to climb, and by 2003, it was soaring along with home prices, hitting 24.7 in 2005. In those days, you could get 24.7 years in a rental for the cost of a house. That was right about when Choe decided that renting looked like a steal...
...matters." After all, there are other considerations that go into the decision to buy a house. When Choe bought last fall, he figured the air was still coming out of real estate, but his older son was about to start kindergarten, and he wanted to settle into the right school district. "My thinking was, It's not the bottom, but it's gone down enough," he says. (See pictures of modernist houses available for rent...
...career took off. He seemed to have a sixth sense about when to push traders to take more risk and when to take their collective feet off the accelerator. "It's not about hanging on to a predisposition," Blankfein told FORTUNE in March 2008. "The best traders are not right more than they are wrong. They are quick adjusters. They are better at getting right when they are wrong." Blankfein too was becoming a quick adjuster...
Blankfein is convinced that Goldman Sachs is good for its clients, for the world's capital markets - and yes, for America as well. "I would like for us to be thought of as always doing the right thing and for people at the firm to be confident that they are doing the right thing," he says. Now if only he could get the public to see things this...