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Though no one doubts that it was Peruggia who actually stole the painting, to this day there are questions as to whether he had help that night or if he was working for bigger operators. This is where both books dive headfirst into a huge pile of baloney. In 1932 a swashbuckling American journalist named Karl Decker published a piece in the Saturday Evening Post, in which he wrote that in 1914 in Morocco, he met an aristocratic con man, Marqués Eduardo de Valfierno, who told him that he had masterminded the theft as part of a scheme...

Author: /time Magazine | Title: Art's Great Whodunit: The Mona Lisa Theft of 1911 | 4/27/2009 | See Source »

Scotti is right about one thing. The huge publicity surrounding the theft helped to launch Leonardo's great painting into the stratosphere of fame. "Mona Lisa left the Louvre a work of art," Scotti writes. "She returned an icon." Truer to say she returned a pop-culture celebrity, the kind who's helpless to stop the world from spreading loose talk about her. That's a temptation neither of these books was able to resist...

Author: /time Magazine | Title: Art's Great Whodunit: The Mona Lisa Theft of 1911 | 4/27/2009 | See Source »

...most shorted stock in America. As of April 15, the bank had a short interest of 1.237 billion shares. Its trading volume average of the prior two weeks was 532 million shares a day. Citi has an extraordinary 24% of its float sold short, a sign that a huge number of investors are willing to gamble against the share price. Citi's stock is subject to wild swings, in part because the short sellers in the company's shares have been "squeezed" more than once this year - forced to cover when the banks had good news. That covering magnified...

Author: /time Magazine | Title: The Top 10 Stocks for Short Sellers | 4/27/2009 | See Source »

Russia's strategy is twofold. It wants to use the huge profits it makes selling arms around the world as a platform on which to relaunch its own defense forces. But the arms sales are not only about money. Moscow hopes that as Venezuela and other countries grow more dependent on Russian weapons, political and economic ties will also grow, increasing Russia's global heft. "The West sees it as saber-rattling, but for Russia it is about retaking what it sees as its rightful position in the world," says Guy Anderson, editor of Jane's World Defence Industry...

Author: /time Magazine | Title: Russia Rearms | 4/27/2009 | See Source »

...improving the quality of teaching here at Harvard, especially in departments where large classes are common, like economics and government. As such, we view this new system as a much-needed method of improving student participation rates, which have been less than optimal for many classes (including both huge lecture courses and small seminars). In particular, we hope that, by providing a powerful incentive to those students who are most concerned for their grade in a class, professors and other teaching staff will be able to receive feedback from a wider range of students, including those who may not have...

Author: By The Crimson Staff | Title: It's About Time | 4/26/2009 | See Source »

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