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...about the cryptic statements of former Federal Reserve Chairman Alan Greenspan may already be getting nostalgiac. In most relationships, brutal honesty (or transparency, as it's known in business-speak) is a double-edged sword, and never was that more apparent than in the swift reaction to Monday's candid comments by Ben Bernanke, Greenspan's relatively straight-talking succcessor at the Fed. In a speech to an international monetary conference, Bernanke took a hard stance against inflation and implied interest rates would continue to rise in order to keep inflation in check, all of which sent stocks tumbling, with...
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...Mike Hayden's responsibility is to be very candid with the workforce, let them know that there will be some changes. The CIA is part of a larger intelligence community, and it needs to be prepared for the change. Its strongest capability is in its human-intelligence side, in its collections, covert collections and operations, and covert action. But it also needs to take a look at the other capabilities that the agency has, like its analytic responsibilities and whether those should, in fact, be allocated to other places within the community. Hayden and Kappes need to take a look...
...Sciences degrees. When the sun sets and the students return to their dorms and dining halls, they are replaced by another set of Harvard undergraduates. But with an average age of 36, these nighttime seekers of an Ivy League education are not your typically college students.The majority of candidates in the Bachelor of Liberal Arts (ALB) program, the four year undergraduate program of the Harvard Extension School, are working adults. But, according to Mark Ouchida, assistant director of the ALB program, a small but growing number of ALB candidates are coming directly out of high school. This growing population also...
Still, the system is riddled with privileges for the politically well connected, leaving the majority of Dominicans eking out a living in the underpaid informal sector. Spending on health and education is anemic, even by regional standards, and the rule of law is a work in progress. An unusually candid recent United Nations Development Program report torched the country's élites for being out for themselves with no sense of the commonweal...