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...will be able to buy at 10 in the morning and sell at 10:05," says CEO Taha Abdul-Salam, a short man with a buzz cut and a pistol holster under his jacket. The ISX is a private venture regulated by the Iraqi Securities Commission. It opened in 2004 with 15 companies. "I hope to have thousands by the end of the year," says Taha. Realistically he expects maybe 20 more companies to sign...

Author: /time Magazine | Title: Baghdad's Stock Market Goes Modern | 2/6/2008 | See Source »

When TIME called Cynthia Cooper in 2002 for an on-the-record interview - her first since she had uncovered massive fraud in the WorldCom accounting books, which would eventually add up to $9 billion and the imprisonment of five executives, including CEO Bernie Ebbers - she was not excited to hear from...

Author: /time Magazine | Title: Q&A: Whistle-Blower Cynthia Cooper | 2/4/2008 | See Source »

...book, you describe the last time you spoke to CEO Bernie Ebbers - in a Manhattan courthouse during a break in his trial. Soon afterwards, he was sentenced to 25 years in prison. Do you have more to say to him, or to anyone else convicted in the scandal...

Author: /time Magazine | Title: Q&A: Whistle-Blower Cynthia Cooper | 2/4/2008 | See Source »

Speculation is rife in France that the board of directors at scandal-rocked Société Générale decided to retain embattled CEO Daniel Bouton only to allow him to do the one thing he's spent a decade avoiding: preparing the bank for acquisition by a hostile rival...

Author: /time Magazine | Title: Rivals Eye SocGen Buy-Out | 1/31/2008 | See Source »

...Indeed, since taking Société Générale's CEO post in 1997, Bouton has fended off several takeover bids. The most notable effort came in 1999, when BNP sought to buy Société Générale in an attempted three-way merger with French bank Paribas. Bouton's defensive maneuvers to prevent that were strengthened by labor stoppages by bank employees, many of them shareholders, whose support of Bouton since the Kerviel debacle has been solid. Despite that collective determination, Mistral says Société Générale...

Author: /time Magazine | Title: Rivals Eye SocGen Buy-Out | 1/31/2008 | See Source »

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