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...Since dropping the Satyam account after the fraud came to light, PwC has been going all out to repair its reputation. Before his recent retirement, Samuel DiPiazza Jr., PwC International's former CEO, made frequent trips to India to meet clients and government ministers. Indian politicians have said that the government will take action against PwC if it is found liable, which could mean penalties or even ejection from India...

Author: /time Magazine | Title: Satyam Computer Fraud Grows to $2.5 Billion | 11/27/2009 | See Source »

...massacre, who was taken into custody on Thursday, is a member of one of Mindanao's leading Muslim political clans: the Ampatuans. They are close allies of President Gloria Macapagal Arroyo's administration in Manila and rule Maguindanao, a hardscrabble province in an autonomous area for Muslims. Andal Ampatuan Jr., a Maguindanao mayor in his 40s, was expected to be charged with murder, according to local reports, quoting justice authorities. Ampatuan denies involvement: "The reason I came out is to prove that I am not hiding and that I am not guilty," he told local reporters. (See pictures...

Author: /time Magazine | Title: Behind the Philippines' Maguindanao Massacre | 11/27/2009 | See Source »

...five Harvard College Scholars are Darryl W. Finkton Jr. ’10 from Indiana, Eva Z. Lam ’10 from Wisconsin, Roxanne E. Bras ’09 from Florida, Jean A. Junior ’09 from Michigan, and Grace Tiao ’08 from Georgia...

Author: By Matt E. Sachs, CONTRIBUTING WRITER | Title: Rhodes Recipients Named | 11/23/2009 | See Source »

...bill, petitioned by Senators John A. Hart, Jr. and Sonia Chang-Diaz, also specified that the penalty for violating preferred parking spaces would be a fine between...

Author: By Anna M. Yeung, CONTRIBUTING WRITER | Title: Senate Considers Parking Bill | 11/23/2009 | See Source »

...before we dwell on the bad news, let's take a moment to enjoy the deliciously brutal opinion of U.S. District Judge Stanwood Duval Jr. "The Corps' lassitude and failure to fulfill its duties resulted in a catastrophic loss of human life and property in unprecedented proportions," he wrote. "The Corps' negligence resulted in the wasting of millions of dollars in flood-protection measures and billions of dollars in congressional outlays to help this region recover...

Author: /time Magazine | Title: Will the Katrina Ruling Prevent Another Disaster? | 11/19/2009 | See Source »

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