Word: scots
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...fact, say many U.S. officers, the Afghan mindset works against building a military force. Afghans have a "God-willing mentality" that "delays progress for all routine and major actions," U.S. Army Colonel Scot Mackenzie wrote in a study for the Army War College last year. Information is power, and senior leaders hold on to it tightly. They prefer faxes to e-mails because they like "paper in their hands, as opposed to data on a disk," Mackenzie said. Such tendencies freeze "subordinates into doing nothing until specifically ordered," he added. "Taking risk or initiative has historically been seen...
...Instead, Assistant Secretary of State Kurt Campbell and his deputy, Scot Marciel, met with Prime Minister Thein Sein, who wields little actual political power, in the inland capital of Naypyidaw on the second day of their two day visit. They later flew to Rangoon to confer with 1991 Nobel Peace Prize winner Suu Kyi, who was allowed to travel from the home where she has spent 14 of the past 20 years under arrest to a downtown hotel where the diplomats were staying. (See pictures of Burma's slowly shifting landscape...
...losses coming in the construction industry. "NAMA is helping the wrong people," Cummins says. "I'll probably be evicted next year if I can't find another job, but it was the developers that got us into this mess in the first place, and they're getting off scot-free...
...this is simply academic theorizing. One year on, public fury about the massive banking bailouts continues to drive calls for greater oversight and regulation. Much of the outrage is directed at bankers who earned huge bonuses by taking outsized risks with complex financial instruments, only to walk away scot-free when their bets went awry, plunging the world into crisis. Bonuses are just one aspect of the larger issue of moral hazard that has been raised over the past year, as governments and central banks have spent tens of billions of dollars of taxpayers' money to rescue financial institutions whose...
...manager of a Dubai real estate brokerage, Imran Mohamed, a Scot of Pakistani descent, had a front-row seat at one of the most incredible property bubbles ever. Early last year, a few months before the height of the emirate's boom, he fought his way through the lines at the opening sale of a new waterfront condominium development. Such launches always attracted crowds of investors eager to get the first shot at a new offering, but the buzz that day was especially intense, remembers Mohamed. (He asks that his real name not be used because his company...