Word: jannings
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...week earlier, on Jan. 8, the SEC came knocking on Joseph Forte's door in Broomall, Pa., for allegedly scamming 80 investors out of $50 million. Forte had been selling false securities in limited partnerships since 1995. Forte's forte, the SEC says, was in reporting consistent annual returns of 18% to 37%. In actuality, the fund's only real consistency was in its losses. On Sept. 30, 2008, Forte said his fund was valued at $150 million, while the actual balance was about $147,000. Whoops! (See the worst business deals...
USCAP called for a 42% reduction in U.S. carbon emissions by 2030 from 2005 levels, along with subsidies for coal plants that can capture CO2 and a market board to administer carbon offsets. And on Jan. 15, the leaders of USCAP - including GE head Jeffrey Immelt and DuPont chairman Charles Holliday - visited Capitol Hill to pitch their carbon-cutting blueprint. With Bush out of the way, it almost seemed likely. (See TIME's "Innovators of Renewable Energy...
...started noticing the cloud in 1997. "Each year it just gets worse and worse." What comprises this nuisance - a sprawling high-altitude mass of air pollution that stretches from the Arabian peninsula to the western Pacific Ocean - has long captured the curiosity of scientists. A report released in the Jan. 23 issue of Science breathes fresh air into that ongoing study, confirming that the mass, nicknamed the 'Brown Cloud' but comprised of several small, local clouds, is soot from human burning of wood, dung and crop residue, as well as industrial processes and traffic pollution...
...Mexico City policy, as it is known, has been one of the most visible differences between the two major political parties on the issue of abortion, in part because incoming Presidents have taken action on it within days of entering the White House. Bill Clinton repealed the policy on Jan. 22, 1993, citing his concern that the ban prevented women and children from receiving health services. Eight years later, George W. Bush reinstated the policy on Jan. 22, 2001. "It is my conviction," Bush said, "that taxpayer funds should not be used to pay for abortions or advocate or actively...
Obama sought to avoid creating such political theater by waiting to issue his repeal of the policy until the annual face-off between pro-life and pro-choice advocates on Jan. 22 was over and by doing it out of sight of the cameras. He observed the anniversary of Roe v. Wade by issuing a statement reaffirming his support for a woman's right to choose but also appealing - as he did throughout the presidential campaign - for common-ground approaches to abortion policy: "We are united in our determination to prevent unintended pregnancies, reduce the need for abortion, and support...