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...time of transaction. Maréchal says that has often been difficult to do under French law, explaining why there have thus far only been two major insider trading convictions: cases involving canning group Pechiney, and bank Société Général in the late 1980s. Maréchal says sentencing in those cases suggests anyone eventually condemned for illegal trading of EADS stock will face stiff fines rather than actual jail time. "But the maximum financial penalties can run up to 10 times the profit illegally earned in the trade," she notes...

Author: /time Magazine | Title: Insider Trading Charges Rock Airbus | 10/4/2007 | See Source »

...Getting Well For those women in the developing world who do get help, the path to recovery can be no less fraught than the path to diagnosis. Thirty years ago, treatment automatically meant mastectomy. By the 1980s, studies showed that for tumors that had not spread, all that might be required is a so-called lumpectomy, in which only the mass itself and the immediate surrounding area are cut away, provided that surgery is followed by radiation to destroy any rogue cancer cells. The subsequent need for chemotherapy depends on the degree of spread, the type of cancer and other...

Author: /time Magazine | Title: The Changing Face of Breast Cancer | 10/4/2007 | See Source »

...this experience forged a generation of Mets fans: we were simply happy to be there, aesthetically tuned to each new depredation, grateful for the occasional win. And totally shocked when, somehow, the Metsies suddenly got good and won the World Series in 1969. There was another flash in the 1980s, though the 1986 World Series victory seemed more attributable to the rapacious karma of the vanquished Red Sox. Several hopeful seasons followed, but eventually the Mets fell back into their hammock of despond, a team that rarely tested the limits of mediocrity. My love persisted, unquenched; but the allegiance didn...

Author: /time Magazine | Title: Oh, My Mets! | 10/3/2007 | See Source »

...experienced, [they] will liberalize and democratize, which does not mean that their liberal democracy will look like ours,” he added. The event’s other main speaker, Yasheng Huang, an associate professor of international management at MIT, contrasted developments in the Chinese economy during the 1980s and 1990s and praised the country’s private rural entrepreneurship, which he said has proved more successful than government-controlled urban development. Huang, a former Harvard Business School faculty member who has also worked for the World Bank, said Western economists often overlook the establishment of 10 million...

Author: By Sarah J. Howland, CONTRIBUTING WRITER | Title: Friedman: China Is ‘Story of Our Lifetimes’ | 10/1/2007 | See Source »

...With a shocking photograph of a naked anorexic woman, shot by Oliviero Toscani, the eternal enfant terrible of fashion photography, Nolita's is the latest attempt to employ a formula that Toscani helped invent with Benetton in the 1980s: the use of provocative, socially conscious images to help hawk products. (And, in theory, the images attempt to accomplish the inverse as well: using consumerism to try to raise public awareness.) In the past, Toscani has used photographs of AIDS victims and death-row inmates in Benetton ads. But this time, the message is also targeted at the very industry that...

Author: /time Magazine | Title: The Furor Over an Anorexia Ad | 9/28/2007 | See Source »

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