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...banking circles, the naming of a new chairman at Citicorp is like a coronation or a papal election. For years, speculation has mounted about the heir to Walter Wriston, 64, who retires in August as head of the largest (assets: $142 billion) private banking institution in the world. After a Citicorp board meeting last week, a bulletin was flashed to the company's 2,789 offices around the globe, and the suspense was over. The new chief: John S. Reed, 45, the brash and brainy young executive who led Citicorp's charge into nationwide consumer banking...

Author: /time Magazine | Title: The Winner and New Chairman Is... | 7/2/1984 | See Source »

Before the World Council of Churches in Geneva, he stressed his "irreversible" commitment to Christian unity, then reaffirmed that papal authority is inviolate...

Author: /time Magazine | Title: Switzerland: The Pope Stands His Ground | 6/25/1984 | See Source »

...remonstrated, but to no avail." Yallop speculates that the Pope was poisoned, perhaps by someone tampering with a bottle of low-blood-pressure medicine called Effortil that the author says John Paul I kept at his bedside. Yallop insists that inconsistencies in the Vatican's account of the papal death and the absence of an autopsy point to a coverup...

Author: /time Magazine | Title: The Vatican: Poison Gossip | 6/18/1984 | See Source »

...Paul I reconfirmed all Vatican officials for five years, including Villot and Marcinkus. Sindona, who is serving a 25-year jail term in a New York prison for fraud, and Calvi, who was found hanging from a London bridge in 1982, had dire financial problems, but none that a papal murder would alleviate. News about Gelli's P-2 lodge did help topple the Italian government of Prime Minister Arnaldo Forlani in 1981, but only because so many government officials belonged to the illegal organization; no Vatican prelate was ever proved to be a member...

Author: /time Magazine | Title: The Vatican: Poison Gossip | 6/18/1984 | See Source »

...other momentous mark of papal favor occurred in 1982, when John Paul granted Opus a new status known as personal prelature. The prelature, a position achieved by no other church group, gives Opus autonomy as a worldwide, nonterritorial jurisdiction with its priests and laity subject to Opus' prelate...

Author: /time Magazine | Title: Religion: Building God's Global Castle | 6/11/1984 | See Source »

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