Word: stanleys
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...just the latest sale for Citi, which has been paring back its businesses for well over a year. Earlier this year, the bank sold its Salomon Smith Barney brokerage unit to Morgan Stanley. Also gone are Citi's Diners Club credit-card business, its Japanese brokerage operations, a technology-services unit and some of its overseas divisions...
...Citi executives are taking a different path out of the financial crisis than many of its rivals, which at times has been a benefit to those rivals. With the acquisition of Citi's Salomon Smith Barney, Morgan Stanley now has the largest brokerage force in the nation. And while Morgan has gotten out of some trading businesses, it is expanding its retail banking business. Executives at Bank of America and Wells Fargo say there are no plans to sell off major pieces of those banks...
...there might be two, because six of the remaining eight decide it's just not worth fighting anymore. Or you might have 20 because the brothers and cousins of the two dead fighters decide to take vengeance. "When I am asked what approach we should take in Afghanistan," General Stanley McChrystal concluded, "I say humility." (See pictures of a photographer's personal journey through the war in Afghanistan...
Smith has been searching for a new HR dean since this spring, when Ciotti’s predecessor Geoffrey M. Peters, along with 152 other FAS staffers, elected to take an early retirement incentive package offered by the University. Until a replacement could be found, Julie Stanley served as FAS’ interim HR chief since July, according to Smith’s announcement e-mail yesterday...
...that the all-out alternative simply defies realities. The all-out strategy calls for an additional 40,000 or so troops, most of whom wont be deployed in the field in less than a year; they would thus do little to protect against the near-term dangers that General Stanley McChrystal has warned of. Perhaps most fundamental, the middle way avoids the quicksand on which the counterinsurgency strategy is built: the absolute need for nation-building. Counterinsurgency strategy requires clearing and holding territory, which cannot be done without transforming a corruption-riddled, anarchic and poverty-stricken state into a functioning...