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During three decades as the head of financial-services consulting firm Greenwich Associates, Charley Ellis had a front-row view of Goldman Sachs' rise from also-ran to king of Wall Street. He then spent a decade working on a history of the firm, published last year as The Partnership: The Making of Goldman Sachs. So what is Ellis' explanation for Goldman's spectacular rebound - it turned a $5.2 billion profit in the first half of the year - from the financial crisis...
...more than the total U.S. military deaths so far in Iraq and Afghanistan. Yet Rajapaksa's popularity remains undiminished. In his victory speech to the nation on June 3, he spoke a few lines in Tamil as a gesture of reconciliation, but most of the oration was spent in praise of "our armed forces who astonished the world by their skill in war." He linked their effort to the nation's heroic past defending itself against invaders. "The lessons we learnt from those great battles of the past are ingrained in our flesh, blood and bones...
...Lanka's best hope for the future. There is a hint of it in the President's dining room. Three years ago, he co-opted two former leaders of the LTTE, who fed intelligence to the army and helped bring the eastern provinces under its control. They had spent their whole lives fighting for the destruction of the Sri Lankan state but are now ministers in Rajapaksa's government. They stood in the buffet line with everyone else, and then quietly sat down to discuss the afternoon's committee meetings over lunch. The real world may be less civil...
...Disorderly conduct is a fluid concept," says Tom Nolan, a criminal justice professor at Boston University who spent 27 years in uniform at the Boston Police Department. "Unlike a lot of other crimes, this really calls for the use of discretion in a way that armed robbery or more serious felony crime doesn't. The less serious a crime, the more officer discretion you use," he says, adding "discretion is judgment that we hope is based on wisdom, experience and training...
...Shane, who spent 17 years as a police officer in hardscrabble Newark, N.J., said that had he been the cop called to Gates' house, he would have left Gates and his huffy comments alone once he was sure Gates was the homeowner. He admits he may well have been offended by the professor's alleged bluster, but that's just part of the job, so much so that there's a term in police vernacular devoted to situations like this: contempt...