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...lied to the SEC under oath at Madoff's direction," said DiPascali. He then apologized: "I know my apology means nothing, but I hope my actions moving forward mean something and bring some measure of comfort to those I hurt...

Author: /time Magazine | Title: Madoff Exec Pleads Guilty, Says Insiders Knew of Fraud | 8/11/2009 | See Source »

...people point to taxes as a possible answer. "I wish income was more equitable," the head of a big financial institution told me recently. "I have no problem with paying 50% taxes or more. But government meddling with compensation practices is a bad idea." Yes, raising tax rates would bring negative consequences: more incentive for evasion, less incentive for risk-taking and entrepreneurship. Lowering the top rate had its negative consequences too, though. It's a matter of which negative consequences we'd rather put up with...

Author: /time Magazine | Title: Should Executive Pay Be Regulated? | 8/10/2009 | See Source »

...precious-metal wealth and create needed jobs [July 27]. But at what cost? Experts say it will foul the air and water and hurt salmon runs, among other atrocities. And the benefits will be exhausted within 50 years. I'm all for a sustainable resource like fish, which will bring jobs and provide profits for many more years to come. Also, there's great potential to earn cash through things like solar cells, especially in the land of the midnight sun. Maybe we can reconcile traditional culture and the modern world--and make money in the process. Aaron Warner, SEATTLE...

Author: /time Magazine | Title: Inbox | 8/10/2009 | See Source »

...power of a voice through their votes, it would be much easier indeed for them to dictate how oil money should be spent. As such, there should be a strong push on both fronts—oil revenue transparency and building a real democracy—to bring the resources these citizens truly need to them as quickly as possible...

Author: By James A. Mcfadden | Title: A Tale of Two Guineas | 8/10/2009 | See Source »

Quotes About: On the birther movement: "It's just a few cranks out there. It's like when networks bring on the three remaining Klanners in America, on TV." - Ann Coulter (FOX News, July...

Author: /time Magazine | Title: Orly Taitz | 8/10/2009 | See Source »

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