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Jamie Dimon, the onetime heir apparent at Citigroup before being ousted in 1998, may yet have the last laugh. Dimon, 48, first engineered a monumental turnaround at Chicago-based Bank One-- pushing out top managers, slashing costs by $1.5 billion and helping to turn a $511 million loss in 2000 into a $3.5 billion annual profit three years later. Then he staged a triumphant return to New York City, when Bank One merged with JPMorgan Chase last year. In 2006 Dimon will become the merged firm's CEO, but he has already begun reshaping the institution in the trademark...

Author: /time Magazine | Title: Jamie Dimon: JPMORGAN CHASE | 12/17/2004 | See Source »

Whether Marwan Barghouti contests the Palestinian presidential election from an Israeli jail, or succumbs to pressure to stand down in the name of national unity, his candidacy signals the difficulties facing Yasser Arafat's presumptive heir, Mahmoud Abbas, in fulfilling Washington's expectations that the passing of Arafat will herald the rise of a more pliable leadership. For a week since announcing his candidacy in the January 9 election for President of the Palestinian Authority, Barghouti has dominated international headlines. Secretary of State Colin Powell called Barghouti's "problematic," while Spanish foreign minister Miguel Moratinos dubbed it "a mistake." Egyptian...

Author: /time Magazine | Title: Behind Barghouti's Palestinian Presidential Run | 12/6/2004 | See Source »

Succession plots are brewing inside Jordan's Hashemite dynasty. Reversing a deathbed wish of the late King Hussein, King Abdullah II stunned his subjects last week by summoning Crown Prince Hamzah - his half brother - from a holiday and abruptly sacking him as heir to the throne. "It was a complete surprise," said Mustafa Hamarneh, a prominent Jordanian political analyst...

Author: /time Magazine | Title: Long Live The King | 12/5/2004 | See Source »

...performed admirably, leading Harvard with 82 tackles and 8 sacks. Hopefully, as the winter turns to the spring, one player—be it one of the two juniors, Robert Balkema or Gary Garcia, or sophomores Adam Miller or Dylan McCrory—will distinguish himself as the heir apparent to Everett. Though Thomas led the team in tackles and sacks, Everett was clearly the field general on defense and his presence will be sorely missed...

Author: By Robert C. Boutwell, CRIMSON STAFF WRITER | Title: WHAT A'BOUT ROB?: Looking Ahead to Football's '05 Season | 12/1/2004 | See Source »

With Cheney's renouncing presidential ambitions, it is known in advance that the Bush Administration will die in January 2009 without an heir. What does that mean? Late in Bush's term, it will mean terminal lame duckness, even more powerlessness than most late presidencies experience. Who, after all, will be around later to reward and punish...

Author: /time Magazine | Title: Why Bush Has No Fear | 11/29/2004 | See Source »

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