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...Which brings us to the latest black eye: charges that a BP unit manipulated propane prices in February 2004 to drive up prices and score a quick $20 million profit. According to a lawsuit filed in a Chicago federal court by the U.S. Commodity Futures Trading Commission, BP traders tried to corner the market for propane ?with the knowledge, advice and consent of senior management.? This wasn?t the first time BP has been accused of price fixing. In 2003, the company paid a $2.5 million penalty to the New York Mercantile Exchange to settle charges of improper crude...

Author: /time Magazine | Title: Is BP Really That Green? | 6/29/2006 | See Source »

...takes a lot to shock or digust the voters of Chicago, where nepotism and corruption have long been such an ingrained part of municipal government. But this week Cook County, Illinois, which covers the Windy City and its surrounding suburbs, may have found that its already low bar for ethical government is actually scraping the dirt...

Author: /time Magazine | Title: All in the Family in Cook County | 6/29/2006 | See Source »

Collectively, the primaries gave T.R. a shot at 362 votes, and he stunned the party by walking off with 278 of them. Taft finished a distant second, with 48. But in the 36 states without primaries, Roosevelt was outflanked by the bosses. In June, as delegates headed to Chicago for the national convention, Taft's men boasted that their candidate had 557 votes--17 more than he needed for the nomination. T.R. could see that his primary delegates plus delegates from renegade factions elsewhere had left him about 70 votes short. His aides noisily challenged the legitimacy of scores...

Author: /time Magazine | Title: The War of 1912 | 6/25/2006 | See Source »

...Bull Moose Party got off to a thundering start. Within seven weeks, the Progressives had established the party in nearly every state and were back in Chicago for their first national convention. But who were the Progressives? Although Republicans of the day cast the Progressives as radicals, in truth they were teachers and lawyers, farmers and small-town folk, urban reformers of every ilk, crusaders for peace and women's suffrage, champions of the little guy. They were less a movement than a catch basin for civic-minded men and women impatient with politics as usual but a bit frightened...

Author: /time Magazine | Title: The War of 1912 | 6/25/2006 | See Source »

RHYMEFEST BLUE COLLAR This Chicago M.C. was a janitor, florist and McDonald's cashier before scoring as Kanye West's Jesus Walks co-writer, and his debut brings a touch of working-class humility to a genre desperate for it. On Brand New, Rhymefest and West trade verses, with West rapping about his consumer lust while 'fest advises, "Skip the brand name/ I won't brand you," and he admits that West, who produced, "hook[s] me up as long as I don't ask him for too much." These Days interrupts two verses about the monotony of everyday life...

Author: /time Magazine | Title: 6 Summer Albums to Play Nice and Loud | 6/25/2006 | See Source »

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