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Dates: during 2000-2009
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Federal agents executed search warrants at three Agape offices and froze both company and personal bank accounts, seizing $1.5 million. Cosmo's initial appearance in court is scheduled for late Tuesday in front of U.S. Magistrate Judge E. Thomas Boyle at the U.S. courthouse in Central Islip.

Author: /time Magazine | Title: Another Ponzi Scheme? Money Manager Cosmo Busted | 1/27/2009 | See Source »

The agreement doesn't require Fiat to sink any cash into the Chrysler. Nevertheless, the Italian industrial group would get the initial 35% stake along with access to Chrysler's assembly plants and its distribution network, which stretches across North America. The companies have long been considered a good "fit...

Author: /time Magazine | Title: So Who Owns Chrysler Now? | 1/23/2009 | See Source »

Worse, many experts consider the offset system deeply flawed. A 2008 Stanford University study found that between one-third and two-thirds of carbon offsets under the U.N.'s Clean Development Mechanism - which oversees offset projects under the Kyoto Protocol - do not represent actual emission cuts. In addition, the USCAP...

Author: /time Magazine | Title: Raising the Bar on Fighting Climate Change | 1/23/2009 | See Source »

In the 1980s, climate scientists in Russia and the U.S. theorized that all-out nuclear war between the superpowers would result in a "nuclear winter," as smoke from the atomic explosions blackened the sky and sent summer temperatures plummeting below freezing - killing crops and eventually starving all those who survived...

Author: /time Magazine | Title: Regional Nuclear War and the Environment | 1/22/2009 | See Source »

But Bolivia analyst Erasto Almedia of the political risk consulting firm Eurasia Group says automakers shouldn't panic. Morales may talk a big nationalist game, Almeida argues, but he always ends up accepting foreign investment and technological support that could give the car companies a foot in the lithium-production...

Author: /time Magazine | Title: For Lithium Car Batteries, Bolivia Is in the Driver's Seat | 1/22/2009 | See Source »

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