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...bail, after Litt revealed Madoff had sent more than a million dollars worth of jewelry to relatives in December. Some observers speculate prosecutors were using the threat of immediate jail time to pressure Madoff to give details on others who may have been involved in the fraud. On Wednesday afternoon, Litt returns to court again to argue that Madoff needs to be put behind bars...

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

...Alitalia is losing much more than its artwork. On Monday afternoon, the board of Air France-KLM approved a deal to acquire a 25% stake in the Italian carrier for $414 million. Linking up with another major foreign airline was widely considered the only way that Alitalia could survive following years of cost overruns, labor unrest and political meddling that has led to more than $3 billion in state aid since 1998. (See pictures from Italy...

Author: /time Magazine | Title: Why Air France-KLM Bought 25% of Alitalia | 1/12/2009 | See Source »

...that come morning, Phase 3 of the Israeli offensive will be upon us. Yet the Israeli military seems insistent upon teasing the population, playing a ruthless game of terror against those living in neighborhoods that are at the forefront of the incursions, which are heavily bombarded each night. Each afternoon, four families of relatives who live only five minutes away from us gather their blankets, clothes and valuables and arrive at our front door, fearing that this will be the night. Each morning they return to their homes, thankful that, so far, only minimal damage has been done to their...

Author: /time Magazine | Title: Holding Out in Gaza: Waiting for the Israelis | 1/12/2009 | See Source »

...that the road to its third straight league title would be anything but a breeze. Co-Ivy champion Dartmouth (4-9, 1-0 Ivy), which knocked Harvard out of postseason play last year, outmuscled the Crimson en route to a 59-55 win Saturday afternoon at Lavietes Pavilion...

Author: By Emily W. Cunningham, CRIMSON STAFF WRITER | Title: Harvard Drops Ivy Opener at Home | 1/11/2009 | See Source »

...haven’t had that many opportunities to swim the mile, and it is an event at Ivies,” Morawski said. “I thought all four of them did a great job.”Harvard was dominant in the freestyle all afternoon, sweeping all five events.Mills won at both the 100-yard and 200-yard distances, recording times of 52.75 and 1:49.92, respectively.Freshman Kristi Korsberg was first in the 500-yard freestyle, while Pickard led freshman Monica Burgos and sophomore Laura Murray in the sweep of the 50-yard event. Pickard?...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: Sophomores Shine in 207-91 Victory | 1/11/2009 | See Source »

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