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...pretending until the very last minute not to want it. Habibie had been slipped into the No. 2 position of Vice President only 10 weeks ago by his patron of 24 years, the Indonesian strongman he slavishly referred to as S.G.S., Supergenius Suharto. The mere suggestion that Suharto's successor at the height of Indonesia's search for an economic bailout would be a man widely regarded as a free-spending eccentric shocked the bankrupt rupiah into a 36% crash. But Habibie (commonly referred to as B.J.) possesses the one quality Suharto needed, extreme loyalty, and continued to give...

Author: /time Magazine | Title: Who Is B.J. Habibie? | 6/1/1998 | See Source »

...TIME correspondent William Dowell points out that there is no easy resolution in Indonesia: While the army recognizes the need to replace Suharto, until an obvious successor emerges they?re forced to keep him in power. Dowell believes there will be no signs of a coup against Suharto until it?s a fait accompli: ?Anyone who telegraphs their intentions would be quickly eliminated, so it's not likely that there'll be any signs of a move against Suharto until it?s over.? At the same time, Dowell warns, ?Suharto is a brilliant politician and has all the instincts...

Author: /time Magazine | Title: Jakarta Burns | 5/14/1998 | See Source »

...Besides, if not Suharto, who? "The successor that Suharto himself has chosen has no credibility with the army," says Dowell. "And he's been very careful to keep the factions in the military squabbling, so that he's the only figure they can all agree on." The president turns 77 next month; Dowell points out he may soon die, or decide to retire. But after 30 years of kinglike reign, Suharto seems sure to depart on his own terms...

Author: /time Magazine | Title: Suharto Is Tough to Topple | 5/12/1998 | See Source »

...other cities. "The student protests are turning out to be much more durable than anyone expected," says Dowell. "There seems to be a web of resistance building up there which hasn't really existed before." Bad news for the aging Suharto, and, in the absence of an obvious successor, it may also bring Indonesia another year of living dangerously...

Author: /time Magazine | Title: Opening Fire in Jakarta | 5/12/1998 | See Source »

...pair of broken eyeglasses repaired. It was a revelation; there would never be money in philosophy, he reasoned, so he promptly quit school to take a job in electronics. Eight years later, he switched to banking and became a rising star, first at Philadelphia National Bank, then at its successor, CoreStates Financial. Colleagues describe him as hot tempered and strong willed, but they say his work was phenomenal. And so it was that although Shah is no Cary Grant, the boy who loved American movies would come to live the very life of society depicted in The Philadelphia Story...

Author: /time Magazine | Title: Hide And Seek | 5/11/1998 | See Source »

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