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...list of assets last week - it certainly should add up to more than $850 million - but so far there has been nary a public peep of the list. When, during the hearing, Representative Gary Ackerman, a New York Democrat, asked David Kotz, the Securities and Exchange Commission's inspector general, what Madoff's assets were, Kotz answered meekly, "We don't have that information." Ackerman finally badgered Kotz to agree to supply the total asset list publicly within a week. We'll see. (See the top 10 scandals...

Author: /time Magazine | Title: Where Has Bernie Madoff Buried His Loot? | 1/7/2009 | See Source »

...automated stamp vending machines, which have become expensive to repair and update. Clearly, the savings weren't enough. And 2009 doesn't look much better. "We expect the new fiscal year to be another difficult one for the Postal Service and the entire mailing industry," Postmaster General John Potter told the Postal Service Board of Governors at their meeting in November. Officials anticipate a further mail volume decrease of 8 billion pieces in 2009 - almost matching the 2008 plunge...

Author: /time Magazine | Title: For the Post Office: Snow, Rain and Now Gloom of Recession | 1/7/2009 | See Source »

...Banaji. Initially attracted to Nizam College for its co-educational system and proximity to the largest cricket stadium in Hyderabad, Banaji says she found the cosmopolitan social and academic environment a liberating experience. Her ambition of becoming a secretary aborted, she went on to pursue an M.Phil/Ph.D. in general psychology at Jawaharlal Nehru University in New Delhi...

Author: By Weiqi Zhang, CRIMSON STAFF WRITER | Title: A Chance Road to Harvard | 1/7/2009 | See Source »

...case, the widespread destruction certainly was calculated, despite contrary official reports. Not only does Israel commit such crimes against humanity, they announce them brazenly. Last October, Israel’s Northern Command General Gadi Eisenkot said to Ha’aretz reporters: “What happened in the Dahiya quarter in Beirut in 2006 will happen in every village from which Israel is fired upon. We will apply disproportionate force upon it and cause great damage and destruction there… From our standpoint, these are not civilian villages, they are military bases. This is not a recommendation. This...

Author: By Nadia O. Gaber | Title: Far from Self-Defense | 1/6/2009 | See Source »

Burris, a former state comptroller and attorney general, has done nothing wrong - his only crime was to be appointed by a governor, Illinois' Rod Blagojevich, who's under investigation for trying to sell the same seat, made vacant by the election of Barack Obama. With Blagojevich facing the prospect of federal charges and impeachment, the pick has caused a maelstrom within the Democratic Party. Officials from Illinois secretary of state Jesse White, whose refusal to certify Burris' selection was used as an excuse to invalidate the appointment, to Senate majority leader Harry Reid, who ordered Burris to be turned away...

Author: /time Magazine | Title: Burris Denied His Seat as the Senate Drama Continues | 1/6/2009 | See Source »

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