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...inexperienced and not remotely qualified for a position that demands brave yet sensible world leadership. In South Africa, our precious 15-year-old democracy is dominated by a single party that has chosen a leader with no governing track record, intent on quashing a state case against him for fraud. This same government, notes Perry's report, owns 24% of Sasol, a cutting-edge coal-to-liquid oil company started by the former "white supremacist" leaders and now used by the incumbents to "dilute white domination of the economy." Sasol's board boasts a black majority...

Author: /time Magazine | Title: Introducing Sarah Palin | 9/22/2008 | See Source »

...known a worse government than Olmert's. "Its balance sheet comes very close to zero," the editorial stated. Many Israelis blame Olmert for bungling the 2006 war in Lebanon against Hizballah, and his popularity plunged even further when police said they had uncovered evidence to indict Olmert for suspected fraud and bribery. The attorney general has yet to issue the indictment, and Olmert's lawyers say he is innocent. Nevertheless, his long career in politics, from Jerusalem mayor to cabinet minister to Prime Minister, appears to be finished. As Haaretz editorialized: "His personal conduct, which reflected his hedonism and greed...

Author: /time Magazine | Title: What Olmert's Resignation Means for Israel | 9/22/2008 | See Source »

...leadership battle inside the centrist Kadima Party erupted when Prime Minister Ehud Olmert was pressured into resigning by his party after police said he faced a possible indictment for alleged fraud and bribery. Even before the corruption scandal broke, Olmert's standing in the polls was abysmally low; blamed for a disastrous military campaign in Lebanon in 2006, his approval rating sank to 3% in the war's aftermath and remained in the single digits. At an exhibition hall in Tel Aviv rented by Kadima on election night to handle the media and party faithful - and where press outnumbered supporters...

Author: /time Magazine | Title: Livni Wins Party Vote to Succeed Olmert in Israel | 9/18/2008 | See Source »

...Secretary of State Condoleezza Rice, among others, for her level-headedness and tenacity. A mother of three who lives in a modest Tel Aviv apartment, Livni's image as "Mrs. Clean" resonates with Israelis tired of the sleaze associated with Olmert, the target of long police investigations into suspected fraud and bribery...

Author: /time Magazine | Title: Who Will Follow Olmert as Israeli Prime Minister? | 9/17/2008 | See Source »

...high-flying energy company made billions trading esoteric derivatives until insiders blew the whistle on Enron's massive accounting fraud - prompting a bankruptcy filing that rocked the U.S. financial world. The company was instantly devalued and thousands of employees were laid off, their pensions evaporated. Executives Kenneth Lay and Jeffrey Skilling were both convicted of fraud and other charges, although Lay died before being sentenced...

Author: /time Magazine | Title: Enron Corp. | 9/15/2008 | See Source »

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