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CEO Daily: Tuesday, May 26

May 26, 2015, 10:57 AM UTC
Fortune

If you tuned out over Memorial Day weekend, what you missed was a lot of angst over the U.S. strategy to fight ISIS.

 

Does President Obama have a strategy? His political opponents say no. Others say yes, but it isn’t working. Defense Secretary Ash Carter blamed the Iraqis. “They were not outnumbered,” he said in an interview aired on CNN Sunday about the takeover of Ramadi. “In fact, they vastly outnumbered the opposing force, and yet they failed to fight, they withdrew from the site, and that says to me, and I think to most of us, that we have an issue with the will of the Iraqis to fight ISIL and defend themselves.”

 

But don’t expect any new strategy to include a significant commitment of U.S. troops. In his comments yesterday at Arlington Cemetery, President Obama noted this is “the first Memorial Day in 14 years that the United States has not engaged in a major ground war.” He intends to keep that as his legacy.

 

Meanwhile, it’s clear Time Warner Cable CEO Rob Marcus has a strategy – to sell his company, for which he will receive $61.5 million in golden parachute payments, according to the Financial Times.

 

 

Enjoy the day.

 

 

Alan Murray
@alansmurray
alan.murray@fortune.com

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Around the Water Cooler

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