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...Although the British inquiry was halted late in 2006 on the grounds that it would jeopardize British national security - the government of then-Prime Minister Tony Blair warned that its continuation could cost thousands of British jobs and imperil intelligence ties with the Saudis - BAE revealed this week that it is now under investigation by the U.S. Department of Justice. The DoJ, according to a statement by BAE, is examining the company's compliance with U.S. anti-corruption laws in its business deals "concerning the Kingdom of Saudi Arabia." The American investigation appears to center around the fact that...

Author: /time Magazine | Title: The Case of the Well-Placed Prince | 6/29/2007 | See Source »

...jets and other military equipment to Saudi Arabia. But it was many years before Britain's Serious Fraud Office began to investigate, and its inquiry was brought to an abrupt halt by the Blair government in December 2006. The stated reason - that the probe could cost British jobs and imperil important ties - carried the obvious implication was that Britain could not afford allow awkward truths about BAE conduct to become public, presumably because of the anticipated reaction of the Saudis. But that which the Blair government had sought to keep under wraps may now be in danger of being exposed...

Author: /time Magazine | Title: The Case of the Well-Placed Prince | 6/29/2007 | See Source »

...might think that the ease with which I was able to do my taxes would imperil the industry of professional tax return preparers - the certified public accountants and H&R Blocks of the world. But you would be wrong. More than 60% of the 136 million people paying taxes this year will pay a real live person to do their returns, according to the IRS. Twenty years ago, before the proliferation of do-it-yourself tax prep software and Web services, that figure was actually lower, around...

Author: /time Magazine | Title: Tax Time: Still Not Do-It-Yourself | 4/16/2007 | See Source »

Turkey did not acknowledge the genocide in the years immediately following World War I because it was concerned that such acknowledgement would imperil its territorial claims, Akçam said. But he added that this should no longer be a concern for the Turkish government...

Author: By Jonathan Q. Macmillan, CONTRIBUTING WRITER | Title: Author Argues That Armenian Genocide Happened | 3/15/2007 | See Source »

...biggest risk is that a dud at the start could imperil the value of the 10 characters Marvel plans to use in subsequent movies, including the Incredible Hulk. So while Marvel isn't risking any of its own cash, "there's no question that there would be a perceptual impact on the stock," says Cowen & Co. analyst Lowell Singer. Which is why Marvel left many scratching their heads when it let producer Arad strike off on his own. "Avi's contract was up in November, and Marvel couldn't afford the compensation he can demand," Cuneo explains. "So we thought...

Author: /time Magazine | Title: Marvel Unmasked | 8/7/2006 | See Source »

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