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...existence of the Cupola, taken for the Italian word for dome, first came to light in the 1960s and was confirmed by the turncoat witness Tommaso Buscetta, whose testimony to legendary magistrate Giovanni Falcone in the 1980s unlocked many of the Mafia's secrets. Allowing each family to remain autonomous in its own geographic area, the Cupola was effectively tasked with preventing disputes that would threaten the whole system...

Author: /time Magazine | Title: Busting the Sicilian Mafia's Board of Directors | 12/16/2008 | See Source »

...genre. But the golden age of Ponzi and pyramid schemes didn't arrive for decades. (The two highly similar cons are often conflated, though in Ponzi schemes, a ringleader facilitates the entire enterprise; in a pyramid scheme, rungs of collaborators recruit new investors.) In the boom years of the 1980s and '90s, as traders developed increasingly sophisticated investment vehicles, the cons cropped up with increasing regularity. In 1985, a San Diego currency trader named David Dominelli was revealed to have fleeced more than 1,000 investors to the tune of $80 million. During the 1990s, a Florida church called Greater...

Author: /time Magazine | Title: Ponzi Schemes | 12/15/2008 | See Source »

...first exhibit of its kind to be installed in the Davis Center, “The Art of Subversion” features 50 pieces, mostly lithographs and etchings on paper as well as photography and oils that span a 30-year period from the mid 1950s to 1980s. The exhibit contains works from the new Davis Center collection as well as pieces on loan from Rutgers University and from Dodge’s personal collection. “This is the first dive into the visual arts for the Center. For us it was exciting to bring the arts into...

Author: By Erika P. Pierson, CRIMSON STAFF WRITER | Title: Davis Center Exhibits 'The Art of Subversion' | 12/12/2008 | See Source »

...managed voter registration efforts. He chose Chicago as the place to build his career because of the strength of Jesse Sr.'s support there. Nevertheless, the younger man has emphasized and established his own bona fides in politics and in activism in the African-American community. In the 1980s, he loudly opposed South Africa's apartheid regime, spending his 21st birthday in a Washington jail cell after participating in protests outside South Africa's embassy in that city. By 1995, he was ready for his first major step in national politics. He was immediately successful. He won his first...

Author: /time Magazine | Title: Jesse Jackson Jr.: The Trouble with Being Candidate 5 | 12/11/2008 | See Source »

...Mugabe's regime has a long-established willingness to use violence against its political opponents. In Matabeleland in the mid-1980s, his army killed thousands of civilians in a campaign to bloody the opposition Zapu Party. When his ruling Zanu-PF lost the March election, the security forces and allied militia were again unleashed to bludgeon Tsvangirai's Movement for Democratic Change (MDC) into backing out of a presidential runoff vote. Yet when Zimbabweans protest, with backing by world leaders, at its government's refusal to be voted out - the normal channels of democratic process - that action has little...

Author: /time Magazine | Title: Cholera Ravages Zimbabwe, Mugabe Won't Budge | 12/11/2008 | See Source »

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