Word: directorates
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...retired operations official says he feels at least a little sympathy for Panetta - and worries about the legacy he will leave his successor. "No matter how this thing works its way out," he says, "who in the world would want to be the next director...
...rushed to inform Congress. But others, like Zegart, say Panetta's political chops may have saved the agency from even greater criticism. In any case, she says, "we don't know the counterfactual: How much worse would it have been [for the CIA] if Panetta was not the director?" (See the top 10 unfortunate political one-liners...
...lending schemes. In many regions, companies are forced to go around the traditional banking system altogether by borrowing from other businesspeople or even loan sharks. This sort of informal banking, which has a long history in China, has become more popular as the economy slows, says Du Xiaoshan, deputy director of Rural Development Institute at the Chinese Academy of Social Sciences. "It's hard for small and rural businesses to get bank loans, so there's generally more informal lending happening," says Du. (Read "The Argument Over China's Economic Prospects Intensifies...
...company that has maybe five employees is not an intuitive thing." Banks consider small businesses poor loan candidates because they have shorter life cycles, often keep spotty financial records and lack significant property or other forms of collateral, says Du, the Chinese Academy of Social Sciences deputy director. Lending to a state-owned enterprise comes with at least the tacit understanding that the government will guarantee the loan, or at least ensure the company doesn't suddenly fold...
...support of the generally conservative Ukrainians. With a presidential election scheduled for Jan. 17, politicians seem to be on the lookout for ways to give themselves a boost in the polls. "[They] are trying to make an impression on society by using the most extreme methods," says Taras Karasiychuk, director of the Gay Alliance of Ukraine. "It's more populism than a desire to protect morals." (Read "The Brilliance of Sacha Baron Cohen: More Than a Comedian...