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Back in Atlanta, Ossie and his currency-trading outfit also followed the classic Ponzi approach, the SEC alleges. The agency says he was guaranteeing 10% to 20% returns every 30 days, had an accounting firm proving legitimacy, and used the lure of lots of ground-floor investor winnings when CRE went public. It had planned for a $100 million stock offering later this year...

Author: /time Magazine | Title: Beyond Madoff, Ponzi Schemes Proliferate | 1/23/2009 | See Source »

...USCAP has redefined what is possible," said Jonathan Lash, the president of the World Resources Institute. "If the diverse membership of USCAP can find common ground, Congress can agree on effective legislation...

Author: /time Magazine | Title: Raising the Bar on Fighting Climate Change | 1/23/2009 | See Source »

...funds if they provided abortions or even lobbied for abortion rights in their country. It is an action his abortion-rights supporters have waited eight years for and one they had encouraged him to waste no time taking. But by first issuing a statement urging support for common-ground efforts to reduce abortion rates and then waiting to sign the Executive Order late on a Friday afternoon - a time traditionally reserved for the release of information an Administration would like to bury - Obama sent a clear signal that he wants to turn down the heat on an issue that...

Author: /time Magazine | Title: Shhh. Obama Repeals the Abortion Gag Rule, Very Quietly | 1/23/2009 | See Source »

...over and by doing it out of sight of the cameras. He observed the anniversary of Roe v. Wade by issuing a statement reaffirming his support for a woman's right to choose but also appealing - as he did throughout the presidential campaign - for common-ground approaches to abortion policy: "We are united in our determination to prevent unintended pregnancies, reduce the need for abortion, and support women and families in the choices they make." (Read "The Grass-Roots Abortion...

Author: /time Magazine | Title: Shhh. Obama Repeals the Abortion Gag Rule, Very Quietly | 1/23/2009 | See Source »

...White House. Already he has been lobbied by pro-life religious progressives who urged him to wait a few weeks before issuing the Executive Order. The progressive group Catholics United participated in Thursday's March for Life, carrying a banner that read "Congress Reduce Abortion Now." The shifting ground in the abortion debates means he has more allies willing to work with him on abortion-reduction strategies such as efforts to expand access to contraceptives and provide economic supports for pregnant women. But it also means he has more supporters who expect their pro-life views to be heard. They...

Author: /time Magazine | Title: Shhh. Obama Repeals the Abortion Gag Rule, Very Quietly | 1/23/2009 | See Source »

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