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Madoff, Bernard •badness of - on so many levels - for the Jews •hustling people out of $50 billion by is somehow deemed by courts to be a minor enough offense to warrant part-time house arrest - in a luxury apartment, with the freedom to come and go as desired between 9 a.m. and 7 p.m. - rather than actual, you know, 24-hour-a-day JAIL...

Author: /time Magazine | Title: Paul Slansky's Weekly Index of the News | 12/19/2008 | See Source »

...latest cut follows an October cut of 1.5 million barrels a day, which failed to arrest the downward slide in oil futures - prices have plunged a further 18% since November, deepening fears among oil-rich nations of an economic disaster at home. Whereas in July, with futures at a record high of $147 a barrel, the daily oil earnings for Opec's 11 members stood at $4 billion, this week, with oil hovering at around $43 a barrel, the cartel's combined daily earnings stood closer to $1.2 billion. Saudi Arabia's oil minister Ali Al-Naimi said last month...

Author: /time Magazine | Title: OPEC Cuts Production in Effort to Reverse Price Slide | 12/17/2008 | See Source »

...Tong, a former assistant to purged Communist Party Secretary Zhao Ziyang and one of the charter's signers, acknowledged that it backed western values, but said that China had relied on similar ideas for reform in the past. "If studying the West is illegal, then we should arrest the people talking about the market economy, because that comes from the West," he says. "We should arrest the Communist Party, because political parties come from the West...

Author: /time Magazine | Title: Beijing Clamps Down After Call for Democracy | 12/17/2008 | See Source »

...retired and lives under close state scrutiny, says the charter had been compiled over several months with the input of several people who offered suggestions and revisions. It was still being revised when the arrest of Liu prompted its early release. Bao accused the authorities of arresting Liu to intimidate others who might encourage political reform. "If signing the charter is illegal, then all us 300 plus have broken the law," he says. "It's nonsense...

Author: /time Magazine | Title: Beijing Clamps Down After Call for Democracy | 12/17/2008 | See Source »

...arrest in 2006 of Riina's successor, Provenzano, left a potential battle for control. After the boss in line to take over, Lo Piccolo, was nabbed last year, Cosa Nostra decided it was time to reconstitute the Cupola for the difficult work of rebuilding the organization, authorities...

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

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