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As Europe's biggest weapons maker, BAE Systems is used to mounting a defense. But the British firm may soon face its toughest fight yet. Britain's Serious Fraud Office (SFO) said Thursday it plans to prosecute BAE over allegations - consistently denied by the company - that the company paid millions...

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

One could argue of course, that the NCAA isn’t in the business of producing professional athletes. Indeed, its stated mission is to promote the safety and academic progress of its student-athletes. However, the lines of pre-professional development have been blurred in its relationship with the...

Author: By Mauricio A. Cruz, CRIMSON STAFF WRITER | Title: College Soccer at Odds with US Goals | 10/1/2009 | See Source »

The napkin project, which has been endorsed by the Office of Sustainability, will supposedly save Winthrop the hundreds of dollars spent each month filling 2-3 dispensers at each table. According to the Winthrop REP, the initiative will be implemented in all the dining halls in the future, but Winthrop...

Author: By Esther I. Yi | Title: Wipe That Off Your Face | 10/1/2009 | See Source »

Eighteen months since the IG report, USAID has also not adequately accounted for $16 million in project spending and has hired an outside auditor to track the money, according to Dona Dinkler, the USAID IG's chief of staff. USAID declined to comment, but it has blamed high staff turnover...

Author: /time Magazine | Title: Are Development Dollars in Pakistan Being Well Spent? | 10/1/2009 | See Source »

On Tuesday, the cash-depleted FDIC hatched a plan to require banks to prepay three years of quarterly fees. The FDIC expects to quickly generate $45 billion in cash, an amount it normally would've had to wait years to get its hands on. But in a quirk of accounting...

Author: /time Magazine | Title: Can an Accounting Trick Rescue the FDIC? | 9/30/2009 | See Source »

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