His oldest son, Uday, has been put aside and relegated to the control of the media.
Banker Uday Kotak bought out Goldman Sach's stake in his bank's investment banking and brokerage arms.
Uday said he had lost his temper because he believed that Jajo was upsetting his mother.
Take Uday Kotak, 47, whose Kotak Mahindra Bank is taking advantage of partial liberalization of financial services.
It was clear to Mr Hussein that Uday, who had been linked to earlier murders, was unstable.
Uday's stock fell further when in 1996 he was nearly assassinated, and afterwards walked with a limp.
Uday particularly was said to be reckless with fast cars and to maintain a circle of willing girls.
Billionaire banker Uday Kotak, who founded and runs the bank, says this latest move signals a strategic shift.
As Uday and Qusay grew out of adolescence and into their 20s, stories began to circulate about their wild behaviour.
As the story circulated not only in Iraq but in newspapers abroad Mr Hussein said Uday had to stand trial for murder.
"Kamath's done a great job of managing such a diversified portfolio and balancing the risks, " acknowledges Uday Kotak of rival Kotak Mahindra Bank.
An editorial in a Baghdad daily run by Mr Hussein's son, Uday, has also hinted that Iraq is ready to show some unwonted flexibility.
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Uday, even when he declined in favour, for a time controlled the state media and national sport, stupidly punishing athletes who did not win prizes.
In another sign of change, Babil, the Iraqi newspaper published by Saddam Hussein's son Uday, has now resumed publication following a month-long ban in mid-November.
Qusay and Uday were killed in a gun battle Tuesday in Mosul after a local resident tipped off U.S. troops to their presence, U.S. commanders said.
"Customer time is not explicitly involved in a transaction, " says Uday Karmarkar, director of the University of California, Los Angeles Center of Management in the Information Economy.
Mr Mubarak, who had received a graphic account of the assault on Jajo from his wife, said Uday was a psychopath, a view held by many Iraqis.
Uday Banerjee, the head of India's Central Industrial Security Force, told reporters at the airport that something sounding like gunshots was heard, but no one saw anything and no bullet casings were found.
Books in contention included Jamil Ahmad's The Wandering Falcon, Tahmima Anam's The Good Muslim, Amitav Ghosh's River of Smoke, Mohammed Hanif's Our Lady of Alice Bhatti and Uday Prakash's The Walls of Delhi.
"Uday's never been one to follow the beaten track and has a sixth sense about spotting hidden opportunities, " says Mahindra, who's been happy to let Kotak run the show and now holds 4% of the bank.
The impulsive and unbalanced Uday is said to have published the list to expose the inner circle and thereby ensure their loyalty by forcing them to stick together as the regime faced imminent American and British attack.
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