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CEOs Say Sorry – and Thanks for All the Dough

By Susan Antilla
Everywhere you look, there’s a CEO apologizing for something.Toyota boss Akio Toyoda is apologizing about the big, fat problem with his mysteriously accelerating cars. Morgan Stanley’s John Mack says he regrets his firm’s role in the credit crisis, and is “especially sorry for what’s happened to shareholders.” Lloyd Blankfein of Goldman Sachs is [...]

After Iraq’s Election, the Real Fight

By Meghan O’Sullivan
I still remember shuttling all night between my office at the National Security Council and the State Department’s Election Watch Task Force. It was Jan. 30, 2005, Iraq was holding its first meaningful elections in decades, and I was supposed to brief President George W. Bush in a few hours. When morning came, [...]

Hyping China: The Reality Behind the Great Wall

By Steven Mufson and John Pomfret
WITH THE AMERICAN economy struggling and the political system in gridlock, there is one thing everyone in Washington seems to agree on: The Chinese do it better.
Cyberspace? China has an army of hackers ready to read your most intimate emails and spy on corporations and super-secret government agencies. (Just ask [...]

How Iran Containment Could Mean War

By James M. Lindsay and Ray Takeyh
AS IRAN relentlessly moves toward acquiring a nuclear weapons capability, calls will grow for the United States to think seriously about how to contain Tehran. A preventive attack will not work, some will argue, and could unleash a wave of terrorism that would further imperil Iraq and Afghanistan. Conversely, [...]

After the Financial Crisis, Praise for Wall Street’s Wizards

By Carlos Lozada
REMEMBER when we admired Wall Street’s financial wizards, the math and computer geeks who dreamed up all those credit default swaps, mortgage derivatives, collateralized debt obligations and the like? They were wise. They won Nobel Prizes. They made the economy more efficient. And they earned tons of cash.
Today, of course, they’re the villains, [...]