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...Craigslist is the single largest source of prostitution in the nation.' THOMAS DART, sheriff of Cook County, Illinois, after filing a lawsuit to ban the classified-ad website's Erotic Services section...

Author: /time Magazine | Title: Verbatim | 4/7/2009 | See Source »

...civil lawsuit filed in New York's Supreme Court said Merkin "duped individual investors, non-profits and charities into believing he was responsibly managing their investments, when in actuality he was dumping them into history's largest Ponzi scheme." (Read a brief history of Ponzi schemes...

Author: /time Magazine | Title: Madoff Feeder Merkin Charged by Cuomo | 4/6/2009 | See Source »

...disappointed that the Attorney General of the State of New York has filed this hasty and ill-conceived civil lawsuit, against which we intend to defend vigorously," said Merkin's lawyer, Andrew Levander, in response to the charges. "The evidence shows that this lawsuit is without merit. Contrary to the Attorney General's allegation, investors in the Ascot Funds were well aware that the money was being invested with Madoff...

Author: /time Magazine | Title: Madoff Feeder Merkin Charged by Cuomo | 4/6/2009 | See Source »

...stage for a man once wined, dined and courted by congressional leaders and Presidents - nearly all Republican - and backed by a large lobbying apparatus in Washington. He will appear not as a genius of finance but as the deposed chairman of a defamed colossus who still faces a civil lawsuit by the New York attorney general's office over accounting issues...

Author: /time Magazine | Title: Washington Looks to AIG's Greenberg for Help | 4/2/2009 | See Source »

...TIME Paul Weston (Gabriel Byrne) sits down for a session with his own therapist, Gina (Dianne Wiest), he has had a long week. He's been served with a subpoena in a lawsuit stemming from a former patient. On top of that, he's going through a divorce and has uprooted himself from suburban Maryland to Brooklyn, N.Y., where he's started a new practice. "Oh," Gina says cheerfully, "some new problems to listen to." Wearily, Paul answers, "There are no new problems...

Author: /time Magazine | Title: In Treatment's New Crop of Head Cases | 4/2/2009 | See Source »

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