1. Osama and Obama, legacy and inheritance -- 2. Pakistan in crisis -- 3. Pakistan: who betrayed whom? -- 4. Afghanistan: the first surge and the failure of elections -- 5. Afghanistan: political and military fault lines -- 6. Afghanistan: talking to the Taliban -- 7. A sliver of hope: counterinsurgency in Swat -- 8. Broken relations, crimes and misdemeanours -- 9. Changing the narrative, or preparing for the worst.