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...Office of the Comptroller of the Currency (OCC) or any of the other financial agencies with current consumer-protection duties. But that doesn't necessarily mean those duties should be transferred to a brand-new bureaucracy. As JPMorgan Chase CEO Jamie Dimon has been asking privately: If my legal department screws up, do I create a new legal department? Some bank lobbyists argue that consolidating all consumer protection in just one new agency would be like leaving just one rookie cop patrolling a highly complex beat. Critics like John Dugan, the head of the OCC, have warned that if consumer...

Author: /time Magazine | Title: The Case for a Consumer Financial Protection Agency | 2/17/2010 | See Source »

...science, and while we should be wary of widespread rules condoning excessive violence, there should also be a case-by-case awareness of the stressful conditions of the burgled. No just system on this matter can make generalized rules, but in an age when few live in castles, our legal system should also evolve...

Author: By Olivia M. Goldhill | Title: Stolen Lives | 2/16/2010 | See Source »

Bordry insists that Cassuto called both men in for questioning but received no reply. He also says the thrust of Landis' complaint is off-target. "This is a legal investigation about the illegal intrusion [into] a state-sanctioned organization, led by a judge who doesn't care about sports, doping or cycling," Bordry tells TIME. "It doesn't matter if the guilty party is French, American or Chinese - someone committed this crime, and the judge is following evidence leading him to whom...

Author: /time Magazine | Title: First Doping, Now Hacking: The Floyd Landis War | 2/16/2010 | See Source »

Pierre Bordry's lab was broken into. To find out who did it, the head of France's antidoping agency filed a legal suit in November 2006. He claimed that someone hacked into the computers of his main laboratory, which was analyzing urine samples taken from American cyclist Floyd Landis that year. Those samples had already tested positive for testosterone doping; as a result, Landis was stripped of his Tour de France crown. But the hackers accessing the lab's computers falsified files linked to Landis' case. The altered data were then circulated as evidence that the lab's work...

Author: /time Magazine | Title: First Doping, Now Hacking: The Floyd Landis War | 2/16/2010 | See Source »

Bordry denies the existence of a vendetta. He says it was American cycling officials and international authorities who decided to ban Landis and uphold the stripping of his 2006 Tour title for cheating. "That decision was made without any ambiguity long ago," Bordry says. "This is a legal inquiry into the violation of French...

Author: /time Magazine | Title: First Doping, Now Hacking: The Floyd Landis War | 2/16/2010 | See Source »

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