If Richard Holbrooke is half as good at investment banking as he is at nose-to-nose negotiating, he must be doing very well for his Wall Street firm. After an acrimonious second session--this one 10 hours long--with Serbian President Slobodan Milosevic at an official residence outside Belgrade last week, Holbrooke emerged with an agreement that promises to rescue Bosnia and Herzegovina's national elections, which are scheduled for Sept. 14. The former U.S. Assistant Secretary of State had slipped back into his role as special envoy to the Balkans. His assignment was to sit down with Milosevic and persuade--or bully--him into ousting Bosnian...
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