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This is the second continuance in the highly anticipated case against Madoff, the former Nasdaq chairman who has been under house arrest since he was arrested December 11, 2008. The next preliminary hearing date is set for March 13, the US Attorney's office said. Marc Litt is the assistant US attorney handling the case...

Author: /time Magazine | Title: Ruth Madoff Withdrew $15.5 Million Prior to Husband's Arrest | 2/11/2009 | See Source »

...Indeed, Craig’s combination of amiability and intellectual perspective culminated his senior year, with his election as Chairman of the Harvard Undergraduate Council. As Chairman, Craig demonstrated his leadership and communicative ability on both on a campus-wide and national levels. Craig loosened a strict campus with parietal extensions and oversaw the creation of an informal freshman advising system. “He used his leadership of the UC to create a forum, not just addressing student government issues, but also sponsoring things like American policy in Vietnam,” says Hammond. “He used...

Author: By Kevin Lin, CONTRIBUTING WRITER | Title: Gregory B. Craig ’67 | 2/11/2009 | See Source »

Indeed, most of the 65 Twittering Representatives rely on their staffs to post links to press releases and notices of public events. "The feed is live now on http://dodd.senate.gov. The town hall will start shortly," reads a typical Tweet on Senate Banking Committee chairman Chris Dodd's Twitter page. But a few members like Hoekstra are braving uncharted territory, providing a unique window into the daily machinations of the nation's power brokers and, in the process, establishing a new form of civic journalism...

Author: /time Magazine | Title: Congress's New Love Affair with Twitter | 2/11/2009 | See Source »

...packed committee room, the former bankers picked over their biggest mistakes. Shelling out some $15 billion for a chunk of rival Dutch lender ABN Amro in mid-2007 - when all the signs were pointing to a testing time for banks - was "a big mistake," Tom McKillop, RBS's former chairman, told the committee...

Author: /time Magazine | Title: Britain's Bankers Say Sorry — Again and Again | 2/10/2009 | See Source »

...Douglas, backing the $800 billion recovery bill taking shape in Congress isn't just an act of economic self-interest; it also lets them showcase a less ideological conservatism that they insist voters want in the 21st century. For the camp that includes South Carolina's Mark Sanford, chairman of the Republican Governors Association, and Texas' Rick Perry, the legislation is a federal leviathan that lets them display faithfulness to the roots of the GOP as a Big Government slayer. "Rather than devote an unprecedented number of dollars to expanding government," Perry said last week, "they should stimulate the economy...

Author: /time Magazine | Title: GOP Governors: Split over Obama's Stimulus Plan | 2/10/2009 | See Source »

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