Word: scheme
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...stopped the rush to war? Bamford suggests he could have. "Off on the sidelines, George Tenet was one of the few who knew the truth," he writes, adding that Tenet preferred to work behind the scenes on minor disagreements about the data "instead of speaking out" against the grand scheme. That's a harsh indictment of the man who kept America's secrets under two Presidents. But one of Tenet's colleagues was even less generous, saying simply, "We caved...
...Dodge of Britain's Warwick University - and author of Inventing Iraq, a superb recent book on the mandate - points out the ways in which coalition authorities today are making the same mistakes that the British did 80 years ago. Now, as then, the occupying powers are shuffling from one scheme for self-rule to another; now, as then, they change their minds about which local Iraqi politicians are in favor. Dodge says modern British and American officials have shown a "staggering level of misconception" about Iraq's history. Had they done their homework on the country, they might have understood...
...every other NFL team: I’ve got a news flash for you, Walter Cronkite. It’s the system, stupid! Tebucky Jones was never that good—he succeeds because he’s playing in a great scheme. Ty Poole, David Givens, Dan Klecko—these guys are bit players. But dumb teams will see them as “winners” or “up-and-comers” and will continue to hand New England top picks, extending the first NFL dynasty of the tight salary...
...hedge funds globally returned an estimated 13%, with a projection to do the same this year. That's more than double the projected return for equities. "We're looking for solid returns," says Malcolm Gray, finance director of Railpen Investments, the investment arm of Britain's Railways Pension scheme, which last month said it would invest $1.1 billion in hedge funds. "We think the price of bonds is too high; we're worried about the price-earnings ratios of equities. [With hedge funds] we want to get some absolute income in." Yet even though the interest of big institutional funds...
...Trusting Kim to play nice tends to be a sucker's bet. But Koizumi is willing to take the gamble, perhaps because his administration is being buffeted by an ever-widening scandal at home. Seven government ministers have admitted to skipping their payments into the national pension scheme, and last week Koizumi himself said he had, at times, failed to make payments before they became mandatory in 1986. A triumph in Pyongyang would be a welcome distraction. The automatic winner in the deal is Kim, who appears to have Japan's leader at his beck and call. But if Koizumi...