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...Houston The Next Madoff? The Securities and Exchange Commission has charged billionaire R. Allen Stanford--head of the Antigua-based Stanford International Bank--with orchestrating an alleged $8 billion investment fraud, fabricating data and luring investors with dubiously high returns. Two other bank executives have also been accused of wrongdoing...
They are already suffering; the long war has seen to that. "When the dust settles, we may see countless victims and a terrible humanitarian situation," says Jacques de Maio, head of Red Cross operations for South Asia. Hospitals, ambulances and even the so-called safe zones set up so civilians can escape the fighting have been hit. The government insists that it is doing everything possible to protect civilians and blames the LTTE for using civilians as human shields. But international observers are worried. Secretary of State Hillary Clinton issued a joint statement Feb. 3 with the British Foreign Secretary...
Dubbed "Pitbull" on account of his fearlessness as a freestyle motocross rider, Jeremy Lusk, 24, whose interest in motorcycles began when he was 3, died after sustaining head injuries during a backflip fall...
Sitting in an armchair in his enormous Eisenhower Building office overlooking the West Wing, Orszag unspools the argument he has made for years, first as a scholar at the Brookings Institution and then as head of the Congressional Budget Office. No long-term budget plan can get around the massive surge in costs that comes with rising medical-care prices and the aging of the baby boomers. "If health-care costs grow at the same rate over the next four decades as they did over the past four decades, you're up to 20% of gross domestic product...
Frazier, a 2006 graduate of Brown University, will fill a month-long vacancy created by the departure of former head strength coach Craig Fitzgerald for the University of South Carolina. The former Brown defensive end and linebacker will begin overseeing all 41 Crimson varsity programs on March...