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There is one major catch. "This is the biggest telephone rip-off in the country," says John Field, enforcement chief of the Washington-based Commodity Futures Trading Commission (CFTC). "All the con artists in the world got out of aluminum siding and land sales and into commodity options." The New York State attorney general's office and the CFTC, in a complaint filed jointly in federal district court in Manhattan, have charged 30 companies and 37 individuals in eight states and Panama with illegally selling oil futures contracts. These commit the buyer to purchase petroleum for either delivery...

Author: /time Magazine | Title: Business: Crude Scam | 3/3/1980 | See Source »

...heart of the uproar over the tactics used to catch public officials in the act of allegedly taking a bribe. Did they willingly commit a crime, if indeed a crime was committed, since the charges have not yet been filed? Or were they tricked into wrongdoing by a Government con game that took unfair advantage of them? At stake is the integrity not only of numerous Congressmen, but also to a degree the reconstituted FBI and federal law enforcement in general...

Author: /time Magazine | Title: Time Essay: The Troubling Ethics of Abscam | 2/18/1980 | See Source »

...referendum will be held on Wednesday and Thursday in the Lowell House dining room, and pro and con arguments will appear on the ballot, Elizabeth W. Harper '81, incoming Committee chairman, said last night...

Author: By James L. Cott, | Title: Lowell to Decide Whether to Elect Assembly Delegates | 2/5/1980 | See Source »

Still, most people probably can't do much about their limerence (or non-limerence). The problems come when a limerent hooks up with a non-limerent, and each tries to guide the other into behavior that does not come naturally. Tennov found that some non-limerents manage to con themselves into thinking they are limerent, just to please a flagrantly limerent LO. Others feel suffocated by the constant demands...

Author: /time Magazine | Title: Sexes: Let's Fall in Limerence | 1/21/1980 | See Source »

...conventional shower nozzle sprays out 35 gal. of water every five minutes. For $22.95, Teledyne Water Pik offers a nozzle that cuts water usage to 15 gal. during a five-minute shower without loss of pressure. A less expensive model, made by the Con-Serv Corp., retails for $13.95 and cuts water flow to only 10.5 gal. Cheapest of all: a plastic "water-miser" insert that costs less than 1? and was mailed this autumn by the Department of Energy free of charge to 4.5 million homeowners throughout the oil-hungry Northeast...

Author: /time Magazine | Title: Living: Gizmos To Save Energy | 12/24/1979 | See Source »

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