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...even longer and more storied history. It's a direct descendant of the House of Morgan that dominated Wall Street a century ago. But it's also an agglomeration of Chase Manhattan, Chemical Bank, Manufacturers Hanover, First Chicago, National Bank of Detroit, Bank One, Bear Stearns and Washington Mutual, among others, and this mishmash has only come together as a coherent whole since renowned details guy Jamie Dimon took over as CEO in 2005. "The teamwork culture at JPMorgan Chase is really Jamie Dimon," Ellis says...
...Russian history, it is Lebedev's self-assigned role to play, simultaneously, the oligarch and the anti-oligarch - to be the big, brash banking magnate whose estimated wealth prior to the financial crisis was around $3.7 billion and to decry the system that produces people like him, to live among the powerful while lambasting those who lord it over others. Before the global downturn, which Lebedev says has cost him $1 billion, he was a predictable, if persistent, critic of former President and current Prime Minister Vladimir Putin, routinely calling for an independent legislature, a free press and free elections...
Surprisingly, perhaps, Chaudhry has some supporters among members of the old regime."In any democracy, there have to be some check and balances," says Tariq Azeem, a senator who served as Musharraf's deputy information minister and had backed the removal of Chaudhry. "Normally, it is the opposition that takes up that role. But at the moment there is no opposition. People now have to look to somebody to give them relief, and the only people left are the courts. No wonder when they take a popular step, people are happy...
...both army chief and president, Musharraf suspended the constitution, sacked the Supreme Court bench, arrested opposition activists and muzzled sections of the media. Many Pakistanis, including even some of Musharraf's erstwhile allies, have welcomed the court's decision to hold him accountable. But there are also fears, even among some of Musharraf's staunchest opponents, that the move represents an activist judiciary overstepping its role, playing to popular sentiment and positioning itself as an alternative authority to the unpopular civilian government. (See pictures of the Pakistani Lawyers' movement celebrating the reinstatement of Chief Justice Chaudry...
Traxys CEO Mark Kristoff told TIME that his company suspended trade in the DRC in May 2009 until there is a clearer road map for cooperation among companies, the U.N. and governments for a plan of social action. He added that Traxys' $50 million in trade in the DRC is equivalent to 1% of the company's total business. Afrimex told TIME via e-mail that its last shipment from the DRC took place in September 2008 and all such transactions have since ceased. "Any link between Afrimex's past mineral-trading and armed groups remain wholly unfounded," the statement...