Word: successor
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Khomeini's successor as Supreme Leader, Ali Khamenei, continued to show the guards love, ensuring they got the latest military hardware and best facilities. They even set up their own university. Now the guard - sepah in Farsi - has evolved into what a study by the Rand Corp.'s National Defense Research Institute describes as an "expansive socio-political-economic conglomerate whose influence extends into virtually every corner of Iranian political life and society." Its commercial interests run into the billions of dollars and range from massive infrastructure projects to laser eye surgery. And in addition to the Intelligence Ministry, guardsmen...
...statement, Bank of America said it plans to name a successor to Lewis before the end of the year. Observers say Brian Moynihan, who in August was promoted to the head of the bank's retail network, is the most likely to replace Lewis. Another possible though less likely contender is Sallie Krawcheck, who was formerly the head of Citigroup's brokerage division and joined Bank of America in August...
Falk will be taking over as the successor to Morton O. Schapiro, an expert in the economics of higher education who left Williams after nine years at the helm to become president of Northwestern University...
...last month, the clean-cut Southerner was sporting scruff for the first time in memory. That wasn't the last change he had in store: on Sept. 30, Lewis unexpectedly announced he will step down by the end of the year, leaving the giant bank scrambling to find a successor. The 62-year-old garnered plaudits as he climbed the firm's rungs over 40 years, but he has absorbed a series of blows for his stewardship of the company during the financial crisis - particularly his bold takeover of Merrill Lynch in September 2008, which many critics believe...
...with the "manipulators" - that is, opposition leaders like Mousavi and former President Mohammed Khatami. If history is any guide, the regime likely has the upper hand here. Ayatullah Khomeini's most promising son, Ahmad, died under suspicious circumstances at age 49. He had become critical of his father's successor as Supreme Leader, Ayatullah Ali Khamenei, in the mid-1990s...