Iranian meltdown: President under siege

Again, from The Independent:

Iran's President, Mahmoud Ahmadinejad, is facing a crisis of public confidence after his nominee for oil minister was forced to withdraw in the face of accusations of corruption.

The storm over the appointment, the most important and lucrative in Iran's cabinet, is the latest in a series of controversies to engulf the President. His political inexperience, unorthodox beliefs and trust in untested religious conservatives is causing widespread concern in Iran.

This is good news if its true. Their stock market is already lost a titanic amount of value since this guy got elected.