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"Lots of people lose lots of money due to frauds every year - and so aside from the magnitude of the fraud, it's difficult to find a justification to treat Madoff's victims different than the victims of the Worldcom fraud or Enron," says Chris Clark, a partner at Dewey...

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

As shopping week draws to a close, get ready to dole out the cash. Whether you balance brimming piles of full-price textbooks and novels in a snaking line on the Coop’s top floor, log on to Half.com or Amazon and fill a virtual shopping cart, or...

Author: By Molly M. Strauss, CRIMSON STAFF WRITER | Title: Book Learnin’ | 9/3/2009 | See Source »

Granted, most local governments often have to raise taxes when they're staring at fiscal craters like the $427 million shortfall in Miami-Dade's proposed $7.83 billion budget. But the less than sunny mood in Miami-Dade is made darker by the feeling among most residents that their fiscal...

Author: /time Magazine | Title: Behind Florida's Exodus: Rising Taxes, Political Ineptitude | 9/2/2009 | See Source »

Former President Mohammad Khatami stated that his greatest economic failure during his tenure was not reducing the massive subsidies the Iranian government spends to keep gas prices low. Every year, his government had to draw millions of dollars from Iran's special "rainy day" oil revenue reserve fund in order...

Author: /time Magazine | Title: Pressuring Iran on Nukes: Would a Gas Embargo Help? | 8/31/2009 | See Source »

The 60-page indictment charges Olmert with multiple counts of fraud, breach of faith and deception. Prosecutors say Olmert double-billed for trips abroad on behalf of various charities and public bodies, including the Yad Vashem Holocaust memorial, and received tens of thousands of dollars in cash payments from Long...

Author: /time Magazine | Title: Olmert's Indictment: Secular Justice or a Sign from God? | 8/31/2009 | See Source »

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