Word: stanleys
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...Read TIME's interview with General Stanley McChrystal...
NATO and U.S. forces have a new commander, General Stanley McChrystal. What are the first three or four things he needs to do to address this problem? I think the first step has to be identifying how the money and drugs flow, studying the maps and looking at the routes that narcotics take out of the country, identifying where the drug labs are, identifying the major players. This is going to require a lot more intelligence-sharing than has been going...
...Lowdown: No disrespect to the young Robson - it's great to have anything published as an intern. The real beef lies with the businesses and bankers who are buying into a pretty self-evident report with some questionable assertions. While it's prefaced with a disclaimer that Morgan Stanley doesn't claim "representation or statistical accuracy," some of Robson's statements seem a little bit off. Some studies estimate that up to 31% of Twitter's users are between the ages of 15 and 19, which calls into question the worthiness of the bold assertion that "teenagers...
...real lesson? Those at Morgan Stanley need to spend a bit more time with their kids. Do that, and we suspect the revelation that teenagers like cell phones and free music will seem, well, a little less revelatory. Ultimately, Robson's report does more to reveal how out of touch some in the business world are than to shed light on anything new about teenagers and the media...
...Flickinger III, managing director of Strategic Resources Group. "It may be a sign that Kmart's spring and summer inventory is not selling through." And Santa certainly isn't going to save Sears and Kmart, retailers that seem increasingly irrelevant in the Walmart/Target/Home Depot world. For example, as Morgan Stanley analyst Gregory Melich writes in a recent equity research report, "Sears Holdings' underinvestment in stores has degraded its ability to withstand the magnitude of the current pullback in consumer spending." (See 10 things to buy during the recession...