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...leaders. They voice their criticism of the regime relatively freely, if privately. They crack jokes about the clergy, often at the expense of Ayatullah Hussein Ali Montazeri, Khomeini's heir apparent, who is regarded as pious but simple. "The clerics are making a mess of the economy," says a businessman who complains bitterly about the shortage of foreign exchange. "They should stick to preaching and let us run the economy...

Author: /time Magazine | Title: Iran: War and Hardship in a Stern Land | 6/21/2005 | See Source »

ENGAGED. Maria Owings Shriver, 29, Los Angeles-based feature reporter for the CBS Morning News, daughter of Eunice Kennedy Shriver and Sargent Shriver; and Arnold Schwarzenegger, 38, Austrian-born champion body builder, businessman and movie actor (Conan the Barbarian, The Terminator) and her longtime steady. The wedding, scheduled for next spring, will be the first for both...

Author: /time Magazine | Title: Milestones: Aug. 26, 1985 | 6/21/2005 | See Source »

Friedland, 47, a state senator from 1977 to 1981, was convicted in 1980 of taking $360,000 in kickbacks to arrange a $4 million loan from New Jersey Teamsters Local 701 to a shady West Coast businessman. To reduce his imminent prison sentence, Friedland agreed to act as a federal informant. Meanwhile, he apparently headed a plan to defraud Local 701's pension fund of 520 million. In Friedland's hometown, few who knew the wheeler-dealer raised an eyebrow at his scuba scam. "We're from Jersey City," Lawyer Jack Russell told the New York Daily News. "We understand...

Author: /time Magazine | Title: American Notes: Dec 2, 1985 | 6/21/2005 | See Source »

...having to worry about elections." Twice, Mandelson had to resign from Blair's government because of perceptions that he traded favors and influence with major Labour Party donors, although he was formally cleared in 2001 of using improper influence to obtain a British passport for the wealthy Indian businessman Srichand Hinduja. Yet Mandelson's pro-European views are long-established and sincere, according to people who know him well. Denis MacShane, recently sacked as Britain's Europe Minister, says: "Peter is a staunch, convinced European. He wants a successful Europe; he wants a social model, but one that delivers jobs...

Author: /time Magazine | Title: The Commish | 6/19/2005 | See Source »

...Business Council, and creating and chairing the International Business Leaders' Advisory Council in Shanghai. The Chinese remain so enamored of Greenberg that this year they honored him with their prestigious Marco Polo Prize for promoting Sino-American relations. "Hank Greenberg is perhaps the best known and most admired American businessman at both top government and top business levels in [India and China]," says Peter G. Peterson, who was an economic adviser to Richard Nixon and has known Greenberg for years...

Author: /time Magazine | Title: Down...But Not Out | 6/13/2005 | See Source »

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