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Those who have already filed will need to go back and amend their returns, noting the new rules, and will get a filing extension to May 15, the IRS said. There are an estimated 4,800 people and/or funds who invested directly with Madoff and many more thousands who invested...

Author: /time Magazine | Title: IRS Reveals Tax Guidelines for Ponzi Victims | 3/17/2009 | See Source »

Al-Bashir shut down these NGOs not only to prevent an alleged conspiracy, but also to reassert his political might in this uncertain time. That is why the indictment was so wrongheaded in the first place—millions of lives have been compromised for what has become a P.R...

Author: By Noah M. Silver | Title: Collaborative Justice | 3/17/2009 | See Source »

Several big beneficiaries are also engaged in controversial activities at odds with U.S. policy. One example is UBS, the Union Bank of Switzerland, which got $5 billion. It recently reached a $780 million deferred-prosecution agreement with the Department of Justice to settle charges that it had deployed undisclosed offshore...

Author: /time Magazine | Title: Obama's Challenge: Containing the AIG Bonus Outrage | 3/16/2009 | See Source »

A Harvard Medical School professor accused of plagiarizing a review of rheumatoid arthritis treatments turned in his resignation last week, over a year after the alleged infraction. The allegedly offending professor, Lee S. Simon, had his article in the biomedical journal “Best Practices & Research: Clinical Rheumatologyâ?...

Author: By Laura G. Mirviss, CRIMSON STAFF WRITER | Title: HMS Professor Simon Resigns | 3/13/2009 | See Source »

For all ozawa's support in the polls when compared with Japan's Prime Minister Taro Aso - the third lackluster holder of that office since Junichiro Koizumi resigned in 2006 - the dim view taken of his alleged role in the Nishimatsu scandal illuminates the paradox of Ozawa's place in...

Author: /time Magazine | Title: Ozawa: The Man Who Wants to Save Japan | 3/12/2009 | See Source »

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