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...arrested in Britain overnight and, says one senior U.S. official who was briefed on the plot, five still remain at large. Their plan was to smuggle the peroxide-based liquid explosive TATP and detonators onto nine different planes from four carriers - British Airways, Continental, United and American - that fly direct routes between the U.K and the U.S. and blow them up in midair. Intelligence officials estimate that about 2,700 people would have perished, according to the official...
...Though the plot has all the hallmarks of an al-Qaeda operation, U.S. officials cautioned that there isn't yet evidence of a direct link between the plotters and the organization's top leaders. "We're not convinced this particular operation is connected to the al-Qaeda chain of command," Charles Allen, Chief of Intelligence for the Department of Homeland Security, told reporters on Thursday afternoon. As for whether the attack was being timed for the fifth anniversary of Sept. 11, Allen said he thought the attack would simply be launched when it was ready. "I am a long-standing...
Certainly, Schrager's too-cool-for-school hotels have been copied relentlessly. Starwood Hotels & Resorts hired architects such as Ricardo Bofill and Charles Gwathmey to design its flourishing W Hotels, a chain many felt was a direct rip-off of Schrager. Marriott's Ritz-Carlton has partnered with the Italian jewelry company Bulgari to create a string of boutique hotels...
...busy neighborhood to buy black-market gas. A car bomb went off 50 yards away, destroying his car. Luckily, he had stepped out of the vehicle to negotiate with the seller; he got away with minor shrapnel wounds. One tiny shard ripped into his shirt pocket in a direct line to his heart. The shrapnel arrowed through a thick wad of Iraqi currency and some loose paper and was finally stopped by his plastic ID card. "At last, I can say money saved my life," he jokes...
...response to questions from TIME Thursday, Lamont's campaign manager, Tom Swan, said the candidate was not actively controlling the investment. "He does not own any stock directly, it's not a direct holding," he said. Part of the Wal-Mart stock is held in a Goldman Sachs "Tax Advantaged Core Strategies managed account," according to a letter released Thursday by Swan. He said the account is designed to track the S&P 500 index, and that Goldman Sachs makes the investment decisions for the account...