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...Judge Jed Rakoff, in striking down the settlement, said fining the company - and thus its shareholders - for a misdeed of management was misplaced. "This proposal to have the victims of the violation pay an additional penalty for their own victimization was enough to give the court pause," wrote Rakoff in his decision...

Author: /time Magazine | Title: The Rise and Sudden Fall of Bank of America's Ken Lewis | 9/18/2009 | See Source »

...asked the election commission several questions about the election process, but they have yet to provide her with details about how they will address the unique situation, so her focus will be on reaching voters. The absence of Decker’s name from the ballot may give challengers a leg up in the election. Cambridge resident and attorney Silvia P. Glick, who says she is concerned with defending Cambridge’s neighborhoods from overdevelopment, said that she believes that some people who voted for Decker in the past will now switch their votes.“I think...

Author: By Sarah J. Howland, CRIMSON STAFF WRITER | Title: City Politician To Wage Write-in Attempt | 9/18/2009 | See Source »

...getting] on people in admissions, he told me what to do in terms of, ‘Take this in school, try to better yourself in this aspect.’ He believed in me this whole time and never gave up. And it never crossed my mind to give...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: FOOTBALL '09: Balancing Football and Family | 9/18/2009 | See Source »

...cuts. "I will offer an amendment to grandfather in all the senior citizens on Medicare so that they're not going to be cut from the Medicare Advantage," said Florida Senator Bill Nelson. He plans to offset that by asking pharmaceutical firms to apply the same rebates they currently give to Medicaid patients to Medicare recipients. "That pays for a lot and more," he insists. (See how to prevent illness...

Author: /time Magazine | Title: 5 Things Dems Don't Like About the Baucus Bill | 9/17/2009 | See Source »

Russia The Kremlin did not immediately give an official reaction, but not surprisingly, senior Russian officials expressed support for the move. "It's like having a decomposing corpse in your flat, and then the undertaker comes and takes it away," said Dmitry Rogozin, Russia's ambassador to NATO, according to the BBC. "This means we're getting rid of one of those niggling problems which prevented us from doing the real work...

Author: /time Magazine | Title: Mixed Reactions in Europe to the U.S. Missile Defense U-Turn | 9/17/2009 | See Source »

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