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...guilty plea without a plea deal, the multiple counts - which include mail fraud, wire fraud, securities fraud and money laundering, among others - and the potential prison term were revealed at what was supposed to be a minor hearing about a potential conflict of interest between Madoff and Sorkin. The lawyer and his father, now deceased, once invested with Madoff. The judge waived the conflict. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: No Deal for Madoff, As Victims Prepare to Face Him in Court | 3/11/2009 | See Source »

Bernard Madoff's lawyer, Ira Sorkin, told U.S. District Judge Denny Chin on Tuesday that Madoff expects to plead guilty to charges that will put him in prison for up to 150 years. (Watch the video of Madoff pleads guilty...

Author: /time Magazine | Title: No Deal for Madoff, As Victims Prepare to Face Him in Court | 3/11/2009 | See Source »

Pakistan's political turmoil has deepened as a result of a government crackdown on opposition groups across two provinces. In a desperate attempt to halt next week's lawyer-led "long march" for the reinstatement of deposed judges, police and intelligence officials carried out early-morning raids across Punjab and Sindh, arresting more than 300 lawyers and political activists. All major entry points to the capital, Islamabad, have been blocked by either large containers or manned checkpoints. As human-rights groups denounce the moves, political observers wonder how much longer the already shaky government of President Asif Ali Zardari...

Author: /time Magazine | Title: In Pakistan, Zardari's Crackdown Betrays Weakness | 3/11/2009 | See Source »

Athar Minallah, a prominent lawyer, maneuvered himself out of being arrested from the driver's seat of his car. "I locked myself in the car, and the police didn't know how to get me," he said. "So I called the television cameras who were only two minutes away. I began giving live interviews from the car, addressing the Interior Minister, Rehman Malik, directly. After a while, Mr. Malik came down himself and shouted the police officers away...

Author: /time Magazine | Title: In Pakistan, Zardari's Crackdown Betrays Weakness | 3/11/2009 | See Source »

...story about Aitzaz Ahsan, leader of the lawyer's protests in Pakistan...

Author: /time Magazine | Title: In Pakistan, Zardari's Crackdown Betrays Weakness | 3/11/2009 | See Source »

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