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There's a new number in the Great Madoff Rip-Off saga, and it's $850 million. That's the estimated amount of liquid assets left from Bernard Madoff's private sandbox of billions, according to Stephan Harbeck, president of the Securities Investors Protection Corp., speaking at Monday's House Financial Services Committee hearing on the $50-billion Madoff scandal...

Author: /time Magazine | Title: Where Has Bernie Madoff Buried His Loot? | 1/7/2009 | See Source »

...when you are prepping for exams. The drugs even seem to improve certain aspects of judgment. One study of 36 normal women and men found that they were more likely to choose to delay gratification and receive a larger monetary reward when given amphetamines than settle for a smaller amount of money immediately. Improvements in memory and cognitive control have been reported in multiple studies, mainly using Ritalin and amphetamines...

Author: /time Magazine | Title: Popping Smart Pills: The Case for Cognitive Enhancement | 1/6/2009 | See Source »

...some 195,000 sq. mi. Though greens were hoping for an even larger area, taken together, the marine monuments will mean that President Bush - perhaps the least environmental President in U.S. history - will have protected more of the ocean than anyone else in the world. "He deserves a huge amount of credit for this," says Jay Nelson, director of the Pew Environment Group's Global Ocean Legacy Program, which has long lobbied for the protected areas. (See pictures of the world water crisis...

Author: /time Magazine | Title: President Bush's Last Act of Greenness | 1/6/2009 | See Source »

...international appeal for a ceasefire on both sides of the conflict must not be ignored. The indiscriminate rocket attacks perpetrated by Hamas have killed several Israeli civilians since the conflict began and amount to little more than criminal terrorist action. Hamas’s method of securing and maintaining power through such violence is illegitimate and appalling...

Author: By The Crimson Staff | Title: A Dangerous Strategy | 1/6/2009 | See Source »

Neither side is likely to have all its demands met by a cease-fire. The amount of compromise each side will have to swallow will be determined by the impact, in Gaza and beyond, of the ongoing clash of bombs, bullets, rockets and images. After that will come the battle to shape the perception of victory. Israelis go to the polls next month to pick a new government, and more hawkish politicians may accuse Defense Minister Ehud Barak and Livni (both of whom are running for Prime Minister) of failing to finish the job. That, and the probability that...

Author: /time Magazine | Title: Despite Gaza Attacks, Hamas Thinks It Has the Upper Hand | 1/6/2009 | See Source »

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