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...bucked the trend were Goldman Sachs and JPMorgan Chase. The latter's success got the most attention because its CEO, Jamie Dimon, was once in line to succeed Sandy Weill at Citigroup. According to Monica Langley's book Tearing Down the Walls, Dimon, a notoriously tough manager, got the boot after losing his temper with a fellow executive who had been rude to a colleague's wife at a 1998 corporate retreat. Prince, Weill's legal adviser, inherited the top job in his place...

Author: /time Magazine | Title: How Dumb Is Your Bank? | 10/25/2007 | See Source »

...uneasy sense of dèjá vu swept over Florida last week after an all-white jury acquitted seven juvenile boot camp guards and a nurse charged with aggravated manslaughter in the death of a black teen last year...

Author: /time Magazine | Title: What's Wrong With Florida's Prisons? | 10/17/2007 | See Source »

...Panama City courtroom after the verdict was read. The Anderson decision was reminiscent of another bewildering verdict five years ago, when three Florida state prison guards charged with stomping 36-year-old inmate Frank Valdes to death in his cell in 1999 were acquitted - even though the guards' boot prints were found all over his back...

Author: /time Magazine | Title: What's Wrong With Florida's Prisons? | 10/17/2007 | See Source »

...nation's third largest prison population. Over the past two decades, Florida has in many ways led a national get-tough-on-crime wave that has reduced some crime rates but has also given the U.S. the world's highest incarceration rate. Bush had championed the often rough boot camps for juvenile delinquents; but after Anderson's death, Florida's conservative legislature voted to abolish them. And it's beginning to listen to McDonough's argument that lowering recidivism will save the state the hundreds of millions of dollars it's spending these days on new prisons...

Author: /time Magazine | Title: What's Wrong With Florida's Prisons? | 10/17/2007 | See Source »

...life to have not followed the scandal, here’s a quick recap: enterprising Harvard students attempt to copy ISBN numbers of course books in order to purchase them more cheaply elsewhere. The Coop calls in the Cambridge Police, who recognize the situation is ridiculous and refuse to boot the students. Frenzied debate ensues over the Coop’s role in serving students and the Harvard community. A recent editorial in The Crimson made the argument that as a cooperative, the Coop has a responsibility to consider the interests of the community it serves. Even though most...

Author: By Madeline K.B. Ross, CRIMSON STAFF WRITER | Title: Forget the Coop and Get Back to Basics | 9/27/2007 | See Source »

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