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...CHARGED. ANDREW FASTOW, 40, former Enron chief financial officer, with conspiring to inflate profits and enrich himself at the company's expense; after surrendering to police in Houston. Fastow, considered the mastermind behind the financial schemes that brought about Enron's collapse, was released after his family posted bail of $5 million...

Author: /time Magazine | Title: Milestones | 10/7/2002 | See Source »

Mughogho is currently released on bail. His trial is scheduled to begin tomorrow...

Author: NO WRITER ATTRIBUTED | Title: Panel Blames Graduate's Arrest on African Corruption, Instability | 10/7/2002 | See Source »

...largest economy, which continues to act as a drag on the European and global recovery. By the FSA's conservative estimate, Japanese banks hold $420 billion in bad loans. That's over 8% of GDP - four times the scale of the 1980s U.S. savings and loan crisis. Takanaka can bail out banks by buying loans and selling them for a loss or, more likely, by buying bank shares and giving the government enough control to change management. Either way, millions of workers could be sacked as loans to nonperforming companies are cut off. Looks like Tanakana won't be relaxing...

Author: /time Magazine | Title: Bold New Deal — or Mariah Carey Redux? | 10/6/2002 | See Source »

...dream up. First, the police claim he was one of Shakeel's long-distance phone chums. Then rival don Abu Salem boasted of his investment in Devdas. Shah was arrested in January 2001, accused of being a front man for the Mob, and was jailed for months before getting bail. Now he's caught between two sets of gangsters. That raises, as they say, loyalty issues; it's like playing the Bosnians against the Serbs. Either group could kill Shah for being a traitor...

Author: /time Magazine | Title: Married to the Mob | 10/6/2002 | See Source »

...Harvard, where a system of financial autonomy prevails, CID must petition the president and provost for such an unusual bail out. According to Rodrik, the committee’s plan seeks temporary seed money to get CID back on its feet...

Author: By David H. Gellis, CRIMSON STAFF WRITER | Title: CID Starts Over in Wake of Sachs' Departure | 9/30/2002 | See Source »

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