Word: staking
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...answer is that it didn't die. It was killed by its owners in a high-stakes gamble to try to create a new and more profitable enterprise. (In the past nine years, the paper lost more than half its classified-ad pages.) The Ann Arbor News ceased to exist on July 23. On July 24, AnnArbor.com was launched. The new website has a paper version - also called, oddly, AnnArbor.com - that comes out on Thursdays and Sundays. The News's owner, Advance Publications, is betting it can rebrand the 175-year-old News as a Web publication, turn a profit...
...cover story on Afghanistan. Both articles mirror each other in thought and tone and express hope for American efforts in ongoing quagmires. Gelb and McChrystal understand that wars in places like Afghanistan and Vietnam - no matter how expertly executed - can't be won unless local people have a true stake in the operations. McChrystal's new fighting strategy - to separate and protect instead of kill, to understand motivations rather than employing brute force, to supplement instead of micromanaging conditions for success - is a step in the right direction. I'm reminded of something I learned in philosophy class at university...
...Establishing a new regulatory framework for the financial markets is not the kind of politically charged, life-or-death issue that should drive a normally discreet Cabinet member to go on a blue streak in front of dozens of officials. But Geithner and the Obama Administration have more at stake in getting reform pushed through Congress by the end of the year than it may seem...
...substantive bill may be good enough for Geithner, who may have the most at stake. He survived the terrible start of his tenure at Treasury and managed to lead the Administration's efforts to stabilize the markets under constant attack. But he continues to struggle with the impression that he is soft on Wall Street, having come from the New York Fed (and having played a part in the crisis dealings with Lehman Brothers and AIG last fall), which is considered more sympathetic to the financial industry than some Washington overseers. To truly succeed as Treasury Secretary, insiders say, Geithner...
...whatever else it was that Pyongyang had to say about the dismal state of relations between the two countries. For a while, speculation centered on former Vice President Al Gore, who in 2004 co-founded Current TV, the network the two journalists work for. But Gore's direct stake in the case put him in a complicated spot. Plus, there was another, arguably better option for a special envoy: the Secretary of State's husband, who just happens to be a former President...