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Despite the missing billions and plenty of how-could-this-have-happened awe in the media, the actual prosecution case against Madoff may be pretty straightforward. He has already admitted guilt to a federal agent. What's more, Madoff is reportedly trying to negotiate a plea agreement that could conclude the fraud case against him without a trial. But that's just the beginning of Litt's work. Madoff took as much as $50 billion from investors around the world, working with dozens of feeder funds and other middlemen to lure money into his scheme. Litt will have to decide...

Author: /time Magazine | Title: The Man Who Will Prosecute the Bernard Madoff Case | 1/14/2009 | See Source »

...nearby points, the charging of an electric car posed very little problem. In the 1830s, when Dutch inventor Sibrandus Stratingh created an electromagnetic cart, the vehicles have always stood out as a cleaner, cost-effective option to the steam or internal combustion engine. From Stratingh's invention evolved actual cars in the late 1800s that could move at low speeds using rechargeable batteries. Quieter and less noxious than their gas-powered counterparts, these electric cars surpassed them in popularity in the early part of the 20th century. One of the best-selling vehicles of that time was the Columbia Runabout...

Author: /time Magazine | Title: The Electric Car | 1/13/2009 | See Source »

...prevalent this past election, when we heard more about McCain’s “maverick” brand and the antics of his running mate than we did his economic policy, and more about Obama’s immutable “hope” than his actual agenda. Indeed, despite the unique confluence of a crashing economy and a vice presidential opponent who provided day after day of material for SNL, it is hard to deny that Barack Obama owes a great deal to his messianic, “presidential” persona...

Author: By Sean R. Ouellette | Title: Idolatry and Ideology | 1/13/2009 | See Source »

...Just exactly what the equivocator’s answer has to do with the actual question is hard to say. The equivocator writes an essay about the point, but never on it. Consequently, the grader often mentally assumes that the right answer is known by the equivocator and marks the essay as an extension of the point rather than a complete irrelevance. The artful equivocation must imply the writer knows the right answer, but it must never be definite enough to eliminate any possibilities...

Author: By Donald Carswell | Title: Beating the System | 1/11/2009 | See Source »

...completed, Wofsy said, adding that the researchers found “a very marked difference between the air you find in the United States and the arctic.” Unlike satellite imagery, the previous source of data on carbon dioxide concentrations, the plane will be able to collect actual samples of the air and from a much closer range. “We are interested in the sources of the gases from the ocean, China, and North America,” Wofsy said. “We know which countries are emitting—we are trying...

Author: By Elyssa A. L. Spitzer, CRIMSON STAFF WRITER | Title: Jet Used To Improve CO2 Measures | 1/11/2009 | See Source »

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