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But there is the beginning of an attempt to do so. Over the years, the judgment of ratings agencies has become enshrined in countless laws and private contracts; ratings are a key yardstick in how state and federal regulators determine the safety of banks, insurance companies, money-market mutual funds...

Author: /time Magazine | Title: The SEC's Next Challenge: Fixing the Ratings Agencies | 4/15/2009 | See Source »

Notwithstanding the fact that the "buy American" provision in Sutton's bill - which has the support of U.S. automakers and the United Auto Workers union - might violate free-trade agreements if the bill is ever passed, greens are more worried about its extremely low standards. Refusing to put a mileage...

Author: /time Magazine | Title: Cash for Clunkers: A Green Deal to Help Detroit? | 4/15/2009 | See Source »

All over right? Even some students who hail from the land of 10,000 lakes think it should be. “I think that’s over now right? Didn’t Coleman concede that?” Says Richard Liu ’11. Not so...

Author: By Lauren J. Vargas | Title: Franken Wins?! - Ya Shure, You Bet’chya | 4/15/2009 | See Source »

But prosecutors got another benefit from tying the case with Cellini's. One of Blagojevich's attorneys, Terence Gillespie, also happens to be representing Cellini. Because of the conflict of interest, Gillespie had to step down from the former governor's defense team. That made him the second high-profile...

Author: /time Magazine | Title: As Blagojevich Pleads Not Guilty, Some Prosecution Moves Are Questioned | 4/14/2009 | See Source »

But the charges themselves are, if anything, more damning. The indictment against Blagojevich, his older brother Robert and four associates, which includes charges of racketeering conspiracy, extortion conspiracy, attempted extortion, making false statements and wire fraud, effectively paints the impeached ex-governor as the head of a vast criminal enterprise...

Author: /time Magazine | Title: As Blagojevich Pleads Not Guilty, Some Prosecution Moves Are Questioned | 4/14/2009 | See Source »

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