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...sure. But according to my information, he has been taken out." Local Pakistani media, citing "tribal sources" in South Waziristan, are reporting that Mehsud's funeral prayers had been held and that the Tehrik-e-Taliban Pakistan's shura, or council, was meeting today to choose Mehsud's successor. (See pictures of the battle against the Taliban...

Author: /time Magazine | Title: Is Pakistan's Taliban Chief Dead? | 8/7/2009 | See Source »

...hired Sallie Krawcheck, a former top Citigroup executive, to run the Merrill Lynch brokerage division as part of a management shake-up. Observers say the move frees up Brian Moynihan, who had been in charge of Merrill's divisions and has long been thought to be Lewis' successor, to take on a larger role at the bank. Krawcheck, a former chief executive on Wall Street, is also a possible contender for the top job. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: SEC Settlement May Threaten BofA CEO | 8/4/2009 | See Source »

...bloody takeover of the Mafia by the Corleone faction in the early 1980s, had never made more than a passing (and indecipherable) allusion about the crime to the authorities since his arrest in Palermo a year after the Borsellino killing. His longtime partner in crime and successor as capo dei capi, Bernardo Provenzano, has also stayed mum since his capture near Corleone in 2006. Known as Cosa Nostra, the Sicilian Mob has long maintained power on the island (and beyond) with the help of omertà, a vow of silence and absolute refusal to cooperate with authorities. Most had expected...

Author: /time Magazine | Title: A Mafia Boss Breaks Silence on an Assassination | 8/3/2009 | See Source »

...they realized that nearby riot forces had been recalled to the massive Imam Khomeini Mosalla (mosque) prayer complex, burned tires and chanted all sorts of seditious phrases, including "Die Mojtaba" (a reference to the second son of Supreme Leader Ali Khamenei, thought by many to be groomed as his successor), "Death to the dictators" and "Down with Russia." "It's out of control," said a university student with glee...

Author: /time Magazine | Title: A Brief Euphoria in Tehran: 'We Can Win This' | 7/31/2009 | See Source »

...government will also need to negotiate with the Communists in parliament to choose a new President as Voronin's successor. A likely solution, analysts say, would be to agree on a non-political figure, such as an academic, to do the job. A new government is also likely to negotiate a deal to get Voronin to leave politics entirely in exchange for immunity from any prosecution for his conduct over the past eight years. "We've seen this in Russia when Yeltsin stepped down or in Georgia, when Shevardnadze left, these previous authoritarian presidents got informal immunity. I imagine that...

Author: /time Magazine | Title: Communists Defeated in Moldova Election | 7/31/2009 | See Source »

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