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Dates: during 2000-2009
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...Things were booming there back in 2008 when Citi sent Verme to the gulf state - from 2004 through 2008 Citi's revenues from the region grew at a 30% average annual rate. He had run the bank's Latin American operations before being promoted to co-head of investment banking. In 2006, trade publication the Banker named Verme one of the top 10 movers and shakers in the Latin American business. It was big news in banking circles when Citi tapped Verme for Dubai. (See the best business deals...

Author: /time Magazine | Title: Citi's Dubai Mistake: A Sign of More Bad Things to Come? | 12/15/2009 | See Source »

...week, more than two decades after that melodramatic appeal. He was 91 and died after complications from a fall in his home in California, where he lived in retirement. In the interim, the faith-healing evangelist saw his once enormous religious empire crumble and his son Richard resign as head of ORU in 2007 after allegations of financial malfeasance - a scandal that reportedly left the school with more than $50 million in debt. (Another son, Ronald, committed suicide amid drug rehabilitation in 1982.) (Read "Oral Roberts to the Rescue...

Author: /time Magazine | Title: Death of a Faith Healer: Oral Roberts | 12/15/2009 | See Source »

During his 11 months in power, Guinean strongman Moussa Dadis Camara, an army captain turned head of state, has been famous for his rants on television. Locals call it the Dadis show, and Camara uses his screen time to personally expose corruption and ties between the former regime and the transatlantic cocaine trade...

Author: /time Magazine | Title: A Leader Is Shot, and Guinea Again Faces Chaos | 12/14/2009 | See Source »

...Camara was shot in the head twice by soldiers loyal to one of his lieutenants. Recuperating in a hospital in Morocco, Camara is unlikely to return to run the country anytime soon. Though his departure won't be mourned, it is probable that worse lies ahead for Guinea, a country of 10 million plagued by extreme poverty, corruption and dire governance. (See pictures of Guinea-Bissau: world's first narco-state...

Author: /time Magazine | Title: A Leader Is Shot, and Guinea Again Faces Chaos | 12/14/2009 | See Source »

...maintain that Camara lost control over the army within months of seizing power in a Christmas coup after the death of President Lansana Conte. He himself admitted as much after a massacre on Sept. 28, in which troops slaughtered some 160 opposition demonstrators in the national stadium. "Even the head of state cannot control this movement," he told French radio station RFI the day after. (See pictures of death and life in Sierra Leone...

Author: /time Magazine | Title: A Leader Is Shot, and Guinea Again Faces Chaos | 12/14/2009 | See Source »

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