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...death, there was little talk about it in celebrity circles. "I didn't know much about it," says Chopra. Dr. Drew Pinsky, host of Celebrity Rehab, says he had never seen the drug abused by his hard-living Hollywood clientele. Home use of Diprivan "is something I had never heard of," Pinsky tells TIME. "I'd have an easier time believing that Martians had set down outside this building...
...heard of payment for order flow, right?" Madoff asked. "Huh?" I responded. Madoff explained that Bernard L. Madoff Investment Securities had pioneered the practice of paying customers to trade through it, thereby siphoning business away from the New York Stock Exchange (NYSE). The firm was able to use its sophisticated computer systems and trading algorithms to earn enough off the spreads between what it bought and sold stocks for to more than offset the amount it paid customers. (See the top 10 crooked CEOs...
...cartel is dead and has been replaced by a brutally competitive environment in which the price of trading has plunged. It's a market in which exchanges do constant battle over trading volume. The biggest volume generators at the moment are high-frequency trading firms you've never heard of - GETCO, founded a whopping 10 years ago, is the granddaddy - that try to get ahead of millisecond-by-millisecond price movements and take advantage of rebates paid by exchanges to those who create liquidity (that is, offer to buy or sell stock at a certain price and assume the market...
...list runs from "death panels," which have not been proposed by Congress, to illegal immigrants, who would not get coverage under the current proposals, even though 55% of Americans believe otherwise, according to a recent poll. The President also routinely mentions the issue of abortion. "You've heard that this is all going to mean government funding of abortion," Obama said recently in a call to religious leaders. "Not true." (See TIME's photo-essay "The Health-Care Debate Turns Angry...
...children will continue to be schooled at the orphanage. An Nhon Dong Elementary has agreed to provide textbooks and send teachers to the center, which some might see as a victory. The children, however, know it is nothing of the sort. Several broke down, says Sister Bao, when they heard that once again they would not be allowed to go to a "normal" school...