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...position in Nasdaq that Madoff did at that time, the human condition is such that it might be hard for somebody to start investigating or shooting at someone of his stature [knowing that] if they're wrong, their career and others may suffer," says Schindler. Whether a federal court will hold the SEC accountable for the "human failings of one or more personnel" is the question, he says. If it does, though, he says the ruling would open the floodgates for people to make claims in every Ponzi scheme...

Author: /time Magazine | Title: After Its Madoff Report, Can Victims Sue the SEC? | 9/3/2009 | See Source »

...accessory after the fact, and armed robbery, is accused of participating in the killing of Justin Cosby, a 21-year old Cambridge resident unaffiliated with the University, in Kirkland House earlier this year. Authorities arrested Aquino this July in his Harlem apartment, and he was arraigned in Manhattan Criminal Court the next day. He pled not guilty in August to all four charges. The probable cause hearing, which will be held in Cambridge District Court, will allow a judge to determine whether the prosecution has enough evidence to charge a crime outside of its jurisdiction, according to the Massachusetts...

Author: By Eric P. Newcomer, CRIMSON STAFF WRITER | Title: Probable Cause Hearing Delayed for Aquino, Suspect in May Campus Killing | 9/3/2009 | See Source »

...causes. But no amount of merit-making can erase the image of regime goons massacring monks two years ago. Although a frightened hush followed that crackdown, Suu Kyi's sentencing has reignited speculation that the generals have gone too far - and that religious harmony has been disturbed. (Read "Burma Court Finds Aung San Suu Kyi Guilty...

Author: /time Magazine | Title: Why the Omens Are Not Auspicious for the Burma's Junta | 9/3/2009 | See Source »

...settlers and indigenous tribes in the Amazon oil towns of Coca, Lago Agrio and Shushufindi accused Texaco - which was bought by Chevron in 2002 - of recklessly dumping crude and wastewater into their lakes and rivers, seriously damaging the public health and livelihoods of tens of thousands of people. A court-appointed expert estimated the total damage to be a remarkable $27 billion, a figure Chevron says is baseless...

Author: /time Magazine | Title: Ecuador vs. Chevron: Do the Videos Implicate the Judge? | 9/3/2009 | See Source »

...avoid paying a judgment." Says Donziger: "The bottom line [remains] that Chevron is responsible for wrecking Ecuador's rain forest. Nothing Chevron has presented in these videos changes these underlying facts one bit." Chevron's bet is that the videos will at least change international opinion about the court that's weighing those facts...

Author: /time Magazine | Title: Ecuador vs. Chevron: Do the Videos Implicate the Judge? | 9/3/2009 | See Source »

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