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...though, has much at stake in any proceedings, as well. The agency drew plenty of fire for its part in the bungled "Al-Yamamah" probe. (Britain's High Court ruled in 2008 that the SFO had acted unlawfully in scrapping the inquiry, a decision later overturned by the House of Lords.) And the prosecution of BAE for overseas corruption would be only the second such case against a British firm. Building contractor Mabey & Johnson was last month fined $10.5 million for similar offenses dating back to the early 1990s. (Read: "The Gulf: An Exquisite Balancing...

Author: /time Magazine | Title: U.K. Defense Contractor Faces Bribery Rap | 10/1/2009 | See Source »

...year. "Going the route of formal prosecution is certainly not an easy cut-and-dried process for the SFO," Howard Wheeldon, a senior strategist and aerospace expert at BGC Partners in London, wrote in a note to clients Thursday. Moreover, he suspects, "if BAE allows it to come to court they feel they have a pretty good chance of success...

Author: /time Magazine | Title: U.K. Defense Contractor Faces Bribery Rap | 10/1/2009 | See Source »

...other options. The Environmental Protection Agency (EPA) on Wednesday announced a proposed rule that would regulate carbon emissions from large emitters - primarily power plants - that emit 25,000 tons of greenhouse gases or more. The rule is the latest step in the EPA's response to a 2007 Supreme Court case that classified carbon dioxide and other greenhouse gases as pollutants that required EPA regulation under the Clean Air Act. The proposed rule will oblige those large emitters to get permits that demonstrate they are using the best available technology for controlling carbon whenever they engage in new construction...

Author: /time Magazine | Title: Proposed U.S. Carbon Cuts: All Bark, No Bite? | 10/1/2009 | See Source »

...Then, in 2008, a third trip generated an entirely different result. According to court documents filed by the FBI, Zazi and an unspecified number of companions flew on Aug. 28 to Peshawar via Geneva and Doha. According to knowledgeable sources, something about this trip inspired U.S. officials to ask Pakistani authorities to keep an eye on Zazi, and what they saw was unsettling. "There was reason to believe that Zazi met with terrorists in Pakistan," a U.S. counterterrorism official tells TIME. The FBI confirms this, saying that since his arrest, Zazi has admitted to attending an al-Qaeda training camp...

Author: /time Magazine | Title: An Enemy Within: The Making of Najibullah Zazi | 10/1/2009 | See Source »

...Zazi's phone calls, but sometime around late August, according to an intelligence official briefed on the case, he was heard talking "about chemical mixtures and other things." At that point, the FBI shifted into high gear. Agents quickly picked up the trail and discovered, according to court documents and other sources, that Zazi and at least three associates were shopping for chemicals at beauty-supply stores in the Denver area using stolen credit cards. At the Beauty Supply Warehouse on East Sixth Avenue, a cornucopia of hair extensions, gels and wigs arrayed in a former skating rink, investigators found...

Author: /time Magazine | Title: An Enemy Within: The Making of Najibullah Zazi | 10/1/2009 | See Source »

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