Word: stanleys
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...think the military's strategy has changed in the five years since this book came out? I have no doubt that research in this field is still going on. Someone sent me this quote from General Stanley McChrystal about how we have to show the enemy our good side, and it seems very similar to passages in Channon's manual about sparkly eyes and baby lambs. I think it's rather nice the military would try out all this crazy stuff, because if the U.S. Army doesn't try this stuff, nobody's going to - and maybe something wonderful could...
...President in March announced a "comprehensive new strategy" for waging war in Afghanistan and promptly dispatched a fresh general to implement it in June. But having received General Stanley McChrystal's grim assessment of the situation on the ground and his request for reinforcements, Obama has spent the past two months - as U.S. deaths in Afghanistan have reached historic highs - weighing the wisdom of both decisions. In Washington, backers of McChrystal and his manpower-intensive counterinsurgency strategy say delaying the dispatch of reinforcements endangers the mission, but those who are more skeptical of the military's ability to turn...
Paying a $25 million or $30 million bonus to a Goldman Sachs or JPMorgan Chase or Morgan Stanley higher-up this year is obscene because none of these firms would exist if our government and others hadn't stepped in to save the world financial system. If these companies have all that money around, largely courtesy of us, they ought to send it to the U.S. Treasury. But paying a $250,000 bonus on top of a $150,000 salary to a worker bee is a different story...
...more macro way, Goldman and Morgan Stanley in particular were facing the equivalent of a bank run in September 2008, as fear-stricken hedge funds for which they were prime brokers pulled out their assets. The firms would have been toast if the government hadn't allowed them to become bank holding companies overnight, giving them access to almost unlimited funds that the Federal Reserve makes available to banks...
...Tobel was accepted to HBS when she applied as a Harvard senior—but she deferred admission to work for a hedge fund owned by Morgan Stanley and entered HBS in the fall of 2008. She took her leave of absence that spring...