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Generally, investors got into this private, no-prospectus game through a trusted family friend. In our case, the trusted friend was an affable, debonair fellow named Stanley Chais, who ran the Brighton and Popham investment groups for decades. We were in two sub-groups of Brighton, and they were small, 10 to 15 people - possibly so they would fly under regulator radar, victims now tell me. Brighton, it turns out, fed the money into Madoff. I'd sit next to Stanley at year-end holiday parties and, knowing my family's money was in his hands...

Author: /time Magazine | Title: Who Is Bernie Madoff? Many Investors Didn't Ask | 12/23/2008 | See Source »

...word. Let the investors think what they want about who's placing the buy-and-sell orders. As far as the investors knew, the generals were the geniuses doing the sophisticated, proprietary trading stuff that brought such marvelous returns over the last 40 years. And, in our case, the accounting firm of Halpern & Mantovani, CPA, in Encino, Calif., Chais' chief bean counter, pumped out the quarterly statements as if it were all rock solid...

Author: /time Magazine | Title: Who Is Bernie Madoff? Many Investors Didn't Ask | 12/23/2008 | See Source »

...killers, baby killers are poster children for the death penalty," Hirschorn says, "and without the option of LWOP you could guarantee the death penalty." In the Houston cop killing case, the lawyers for defendant Juan Quintero initially attempted an insanity defense, citing a traumatic brain injury. Though the jurors rejected it and found Quintero guilty, Mark Bennett, a Houston defense lawyer argued on his blog "Defendingpeople.com" that the head injury testimony lingered in the minds of some jurors, who may have regarded it as a mitigating factor in deciding on a life sentence rather than execution...

Author: /time Magazine | Title: Is Texas Changing Its Mind About the Death Penalty? | 12/23/2008 | See Source »

Technically, the verdict Monday in the Fort Dix terrorism case - in which five defendants were accused of plotting to attack the Fort Dix military base in New Jersey - was mixed. After deliberating for six days, the jury at Federal District Court in Camden, N.J., acquitted the defendants of attempted murder but found them guilty of conspiring to murder members of the U.S. military. "It shows that the portrait that was painted by the U.S. Attorney as a slam dunk case was not accurate," said Rocco Cipparone Jr., one of the defense attorneys...

Author: /time Magazine | Title: The Fort Dix Verdict: A Victory for Pre-emptive Prosecutions | 12/23/2008 | See Source »

...case, the FBI used two informants to record hundreds of hours of conversations with the men, all of whom were foreign-born Muslims raised in and around Cherry Hill, N.J. The first informant, Mahmoud Omar, was an Egyptian who had pleaded guilty to fraud in 2001. The U.S. government had tried to deport him on two different occasions. But then in 2006 the government began paying Omar and the deportation case went away...

Author: /time Magazine | Title: The Fort Dix Verdict: A Victory for Pre-emptive Prosecutions | 12/23/2008 | See Source »

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