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...hallmarks of both Miller's scheme and others to follow it: it trumpeted the possibility of massive gains (Ponzi promised a 50% return in just 90 days), parried questions about its legitimacy by paying out the first few investors, and collapsed when Ponzi couldn't rustle up enough fresh marks to keep up with the money going out the door...

Author: /time Magazine | Title: Ponzi Schemes | 12/15/2008 | See Source »

...city's rat map was first introduced a year ago, with an intensive pilot program in the Bronx. Mills and other inspectors scoured the streets, building by building, cataloging rat hot spots - places that show so-called active rat signs, such as lived-in burrows, fresh droppings, telltale gnaw marks on plastic garbage bags - in an effort to target rodent-control measures more effectively. That geocoding information was entered into each inspector's handheld indexing computer and aggregated with similar data from all across the borough. (See the top 10 animal stories...

Author: /time Magazine | Title: Mapping the Rats in New York City | 12/15/2008 | See Source »

...professor, Lessig will direct the Edmond J. Safra Foundation Center for Ethics. Calling Lessig “one of the most brilliant and important legal scholars of our time,” Law School Dean Elena Kagan said in a statement that his work on Internet law has broken fresh ground and that she expects his more recent research—which is on government and political corruption—to be equally visionary. “I am thrilled that he is returning to Harvard Law School and assuming the directorship of the [Safra] Center to advance those efforts...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: Lessig To Return To HLS Faculty | 12/15/2008 | See Source »

...make success in Afghanistan harder to achieve than in Iraq - unless the U.S. scales back its ambitious goals for the country. Such a rethink may be in the cards, U.S. military officers say, as internal U.S. reviews and President-elect Barack Obama give the seven-year war a fresh look...

Author: /time Magazine | Title: Why the US Will Scale Down Its Goals in Afghanistan | 12/14/2008 | See Source »

...away from the house, it was a peaceful night. The dark sky was dotted with stars in the way that only the sky over a British moor could be. A cool mist crept over the purple hills toward her, and she longed for it to hurry, it looked so fresh and cleansing...

Author: By Lesley R. Winters, CRIMSON STAFF WRITER | Title: THE STABLE BOY | 12/12/2008 | See Source »

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