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...People expect to feel much more emotion than they actually do. We are good at rationalizing responses," says Jack Dovidio, a Yale psychologist and co-author of the study. "If there are certain costs - we don't want to get involved, maybe because we aren't quite as committed to equality as we thought we were - then we go through a series of rationalizations: 'Maybe it wasn't that bad.' That's the danger - that we explain everything away. It justifies our behavior...

Author: /time Magazine | Title: Study: Racist Attitudes Are Still Ingrained | 1/8/2009 | See Source »

...active, old-fashioned racists, and if the majority of people who believe they are not racist rationalize away racist behavior and don't intervene or even get upset when it occurs, then the society is going to be an unfair, unequal society," Dovidio says. Kerry Kawakami, a co-author of the study at York University, goes even further, claiming it shows how societies can degrade into genocide: "The results may explain how Nazi Germany happened...

Author: /time Magazine | Title: Study: Racist Attitudes Are Still Ingrained | 1/8/2009 | See Source »

...guilty conscience, billions to play with and oodles of time is the perfect recipe for massive deception, according to Christopher Reich, best-selling author of financial thrillers such as Number Account and the recent Rules of Deception. "Madoff had decades to prepare for this day, and it's likely he's hidden considerable assets," says Reich. "Numbered accounts in Swiss banks are no good today; the Swiss cooperate too much." Instead, a white-collar fraudster like Madoff could create multiple phony investment-advisory businesses in foreign countries, similar to legitimate businesses he's actually working with. Says Reich...

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

There is no way investigators will ever find all the Madoff money, the author says. Remember, Enron used some 900 foreign accounts to manage its money. "There just isn't enough manpower to go through all the legal hurdles to track it down," Reich says. The money is there, hidden away, he says, maybe $40 to $80 million, and you can bet some family member...

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

...primary way of making it work, of course, is obtaining a pledge from Hamas to stop firing missiles into Israel from its Gaza stronghold - something the group has repeatedly refused to do. Yet that may be in the works. Mubarak's evolution from holdout to co-author of Sarkozy's slightly simplified plan suggests that Egypt's may be the first of several positions to shift in the region. It's likely that Mubarak's reversal was made with the knowledge that similar moves are afoot toward the same end - notably securing Hamas' acceptance of an enduring truce with Syria...

Author: /time Magazine | Title: Stirrings of a Peace Deal on Gaza? | 1/7/2009 | See Source »

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