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The charges included conspiracy, securities fraud, investment-adviser fraud, falsification of books, mail fraud, wire fraud, international money-laundering, perjury and federal income tax invasion. Prosecutors are looking for $170 billion in forfeiture from Madoff's former right-hand man.

Author: /time Magazine | Title: Madoff Exec Pleads Guilty, Says Insiders Knew of Fraud | 8/11/2009 | See Source »

While acknowledging that the presence of international monitors could help to stabilize the situation here, Pliyev also says that his government is "working with and have an agreement with the Russian military for the defense of South Ossetia." In fact, observers from the European Union Monitoring Mission have been denied...

Author: /time Magazine | Title: A Year After War, S. Ossetia More Dependent on Russia | 8/10/2009 | See Source »

In a TV interview two weeks ago, Secretary of State Hillary Clinton told Iran, "You have a right to pursue the peaceful use of civil nuclear power. You do not have a right to obtain a nuclear weapon. You do not have the right to have the full enrichment and...

Author: /time Magazine | Title: Sanctions Unlikely to Stop Iran's Nuclear Quest | 8/10/2009 | See Source »

Iran's current enrichment efforts are monitored by IAEA inspectors and certified as within permissible limits. The U.S. Director of National Intelligence, Admiral Dennis Blair, recently wrote to Congress that "it is unlikely that Iran will have the technical capability to produce [weapons-grade uranium] before 2013". Blair added that...

Author: /time Magazine | Title: Sanctions Unlikely to Stop Iran's Nuclear Quest | 8/10/2009 | See Source »

See TIME's photos of Mohamed ElBaradei, director general of the International Atomic Energy Agency.

Author: /time Magazine | Title: Sanctions Unlikely to Stop Iran's Nuclear Quest | 8/10/2009 | See Source »

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