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...credits, and the airline will continue to honor frequent-flyer mileage and tickets. But some analysts wonder if JAL can continue to grow as a business during such a massive restructuring. Yasuhiro Matsumoto, senior analyst at Shinsei Securities in Tokyo, says he's split between whether bankruptcy and ETIC help is the best path for the airline. "It's clear that there's government support, but we don't know the future of JAL's business profile," says Matsumoto...

Author: /time Magazine | Title: Japan Airlines Files for Bankruptcy | 1/19/2010 | See Source »

...didn't help that no single piece of information about Abdulmutallab was conclusive. For instance, a father's complaining that his son had joined the jihadist cause in Yemen doesn't automatically point to a threat to the homeland. Obama has vowed to improve intelligence sharing, but some experts are skeptical that the system can ever be fail-safe. "The next time, we may not have this many data points," says Bruce Hoffman, a counterterrorism expert at Georgetown University. "It may never be this good again...

Author: /time Magazine | Title: Spotlight: The Intelligence Breakdown | 1/18/2010 | See Source »

...shivering girl in a red sweatshirt and flip-flops stood alone at the corner of the hotel. She said she was 15 and desperately needed help. I asked Lombard's volunteer to translate from Xhosa. Shockingly, this was Elizabeth - Sindiswa's best friend - still controlled by Jude. Having researched modern-day slavery for eight years, I knew how difficult it was for survivors to heal after emancipation. In this case, mere emancipation would be a dangerous procedure...

Author: /time Magazine | Title: South Africa's New Slave Trade and the Campaign to Stop It | 1/18/2010 | See Source »

...feds thus far have only been able to recover assets valued at about a tenth of the Ponzi scheme's take. But Rothstein's alleged investor victims are hoping his guilty plea will mean improved chances of retrieving more of their lost money. "It helps because it means he can testify in civil trials now, and he's said he wants to help make things right," says Scherer. He has filed suit on behalf of victims against Rothstein and Toronto Dominion Bank, which handled the accounts Rothstein used to conduct the alleged Ponzi scheme. (TD Bank insists it exercised proper...

Author: /time Magazine | Title: Florida's Mini-Madoff: Scott Rothstein's Fall | 1/18/2010 | See Source »

...scandal has since spread across the legislature, involving not just Democrats but also Republican efforts to use expensive computer programs, bought with state funds ostensibly to help legislators improve their constituent service, to instead help loyal candidates perform detailed data-mining operations for their campaigns...

Author: /time Magazine | Title: Corruption Scandal Scrambles Pennsylvania Politics | 1/18/2010 | See Source »

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