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...former Rockefeller aide, Harry W. Albright Jr., recruited Parsons in 1988 to serve as chief operating officer of the Dime Bank, one of the largest thrift institutions in the United States...

Author: /time Magazine | Title: Citigroup Chairman Richard Parsons | 1/21/2009 | See Source »

...noon on Jan. 20, Barack Obama will take the oath of office and President George W. Bush will cease to be the most powerful person in the free world. Instead, he'll become a guy who might be the most powerful person in the wealthy Dallas enclave his family is moving to after Washington. Might be. So what's a former president to do? Bush has said he's going to work on his library, write a memoir, and earn some bank on that mythical "speaking circuit" that has proved so remunerative for Presidents past. His immediate predecessors include...

Author: /time Magazine | Title: Presidential Second Acts | 1/20/2009 | See Source »

...TIME's photographic farewell to George W. Bush...

Author: /time Magazine | Title: Obama's Progressive Manual for Change | 1/20/2009 | See Source »

...called Kids' Inaugural on Monday night, featuring the Jonas Brothers, is being billed as a concert to honor military families. One of the 10 official balls the new President will attend on Tuesday night is the Commander in Chief's Ball (first held by George W. Bush); the largely enlisted crowd will get to attend free of charge in the National Building Museum in downtown D.C. As anyone who has ever served in uniform knows, that's a surefire way to win the grunts' support. (See pictures of the fashion of Michelle Obama...

Author: /time Magazine | Title: How Obama Is Wooing the Military | 1/19/2009 | See Source »

...Seven years and billions of dollars have brought Afghanistan no closer to the peaceful democracy that George W. Bush promised at the beginning of the war. Instead, the country more closely resembles the warlord-led kleptocracy of the 1990s that led to the rise of the Taliban in the first place. Corruption is the defining characteristic of the central government, and President Hamid Karzai is largely seen as an American puppet unable to rein in the excesses of government ministers or even his own family. And he's not even a good puppet - Karzai routinely and publicly berates his foreign...

Author: /time Magazine | Title: Obama's Daunting Task in Afghanistan | 1/19/2009 | See Source »

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