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...Merrill's general counsel saying that it was the bank's understanding that the bonuses had been reduced to $3.57 billion. What's more, a former senior Merrill Lynch executive told TIME.com, before the bonuses were actually distributed in late-December a member of Bank of America's human-relations department "went over, line by line" the bonuses that were to be paid to each Merrill Lynch executive...

Author: /time Magazine | Title: The Rise and Sudden Fall of Bank of America's Ken Lewis | 9/18/2009 | See Source »

...acted like; they also want to know how they fit into their environment. From what scientists already know about the ancient lake beds where Raptorex was originally found, for example, they know it had some stiff competition. "They would have co-existed with velociraptor-like dinosaurs," says Sereno - the human-scale carnivores that starred in Jurassic Park. But they would have hunted very differently: velociraptors, Sereno explains, "had long, grasping arms with clawed hands." They also had a large, sickle-shaped claw on their middle toes, probably used for slashing prey. It was most likely only after the prey...

Author: /time Magazine | Title: Tiny T. Rex: Fossil Shows the Dino King Started Small | 9/17/2009 | See Source »

...crimes for firing rockets at Israeli civilians. Israel, which refused to cooperate with the probe, slammed it as biased and accused it of "rewarding terrorism." That follows the pattern of Israel's dismissal of a steady stream of similar assessments of the Gaza operation by Israeli and international human rights organizations. On the basis of its own internal inquiries, the Israeli Defense Force insists its forces took extra care to avoid civilian casualties in Gaza. But the U.N. report is potentially more damaging, and the fact that its key author is the widely respected Jewish South African Judge Richard Goldstone...

Author: /time Magazine | Title: U.N. War Crimes Allegation Won't Change Israel's Calculations | 9/17/2009 | See Source »

Anyone waiting for Israeli generals and political leaders to face war crimes charges at The Hague over January's Gaza invasion ought not to hold their breath, despite a new report by a U.N. Human Rights Council accusing both Israel and Hamas of war crimes during the confrontation. And despite Israel's disquiet over losing the battle for international public opinion and growing criticism over its actions in Palestinian territories, the Israeli military is unlikely to do much differently the next time it goes into Gaza...

Author: /time Magazine | Title: U.N. War Crimes Allegation Won't Change Israel's Calculations | 9/17/2009 | See Source »

...Unlike the charges by the various human rights groups, the U.N. report could potentially carry legal consequences. It is scheduled to be discussed on Sept. 28 at the U.N. Human Rights Council, where member countries might seek to have the matter taken up by the Security Council - which can, if it chooses, refer the matter to the International Criminal Court at The Hague. Although political factors make such a course of action highly unlikely at the moment, Israel's foreign ministry is taking no chances. It is launching a diplomatic push focused on the veto-wielding five permanent Security Council...

Author: /time Magazine | Title: U.N. War Crimes Allegation Won't Change Israel's Calculations | 9/17/2009 | See Source »

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