New proposals would raise the capital requirements for the largest and most important banks by 9%, down from 19%
The former congressman from Florida had come to ruffle many a feather in the CIA as well as in the administration with his in-your-face approach. He has been accused of politicising the intelligence agency by parking his own political lieutenants and managers in high places in the CIA.
Among the many notable missteps of his stint, Goss announced the sacking of a top intelligence analyst two weeks ago over the Pulitzer-prize winning report in The Washington Post about a secret network of prisons in Europe and Middle East. To many CIA veterans’ alarm, under Goss, the intelligence agency had come to invite considerable unwanted attention. But that couldn’t have been the reason for Goss’s abrupt exit. For now though, neither Goss, nor the White House are offering any reasons.
Goss’s exit —forced or voluntary —coming as it does within two years of his predecessor George Tenet’s resignation —suggests that all isn’t well within the US intelligence and security establishment. This has come at a particularly inappropriate time for President Bush, who is fighting hard to arrest his constantly falling popularity ratings as Republicans nervously wait for the all-important November elections. Goss’s has been one of the many but important casualties to shock the Republican Washington in recent times. As the going gets tough, can the tough get going?
New proposals would raise the capital requirements for the largest and most important banks by 9%, down from 19%
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