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When the CFTC's acting director of enforcement, Stephen Obie, was asked what the most outrageous use of investor money he's come across has been, his list was appropriately wacky. "The craziest things we've found recently," Obie said, "are a bust of Julius Caesar, an extensive garden-gnome collection, a $300,000 Mickey Mouse drawing, bejeweled ink pens, several of which cost more than $100,000, $4 million worth of custom tailored clothes, a silver set allegedly belonging to Paul Revere, and two purple Jaguars with hand-painted leopard-skin roofs." It should be added that Ruth Madoff...

Author: /time Magazine | Title: How to Spot a Ponzi Con Artist? Follow the Yachts | 3/6/2009 | See Source »

...deteriorating economy causes philanthropic giving to dry up. No one disagrees that isolating academia from the industry may be ideal, but even many academics concede that the cooperation yields more good than harm. And while Harvard might be the highest-profile name that was posted on AMSA's grade list, it was hardly the only one that flunked: 40 out of the 150 schools surveyed received F's; only...

Author: /time Magazine | Title: Is Drug-Company Money Tainting Medical Education? | 3/6/2009 | See Source »

...17th president of Dartmouth College, a popular Dartmouth daily e-mail update sent a message to approximately 1,000 students about Kim’s appointment that was laden with derogatory racial slurs. The “Generic Good Morning Message” (GGMM)—a list-serve administered by six students that is not affiliated with the college—sent an e-mail about Kim that directly attacked his Asian origins. “Yesterday came the announcement that President of the College James Wright will be replaced by Chinaman Kim Jim Yong...

Author: By Linda M. Lian, CONTRIBUTING WRITER | Title: E-mail Attacks Kim’s Race | 3/6/2009 | See Source »

...while Berry tallied 18 points. Sophomore Jackie Alemany wasn’t far behind, scoring a career-high 13 points, collecting six steals and grabbing a team-high seven rebounds to help defeat the Bulldogs 70-63.Despite high hopes, the Crimson goes into the weekend with Finelli on the injured list with a torn ACL. The senior, who has been a leader on the court since freshman year, will complete her Harvard career cheering on her teammates. “Her injury just gives us extra motivation,” Tay said. “We are going to play...

Author: By Evan Kendall, CRIMSON STAFF WRITER | Title: Harvard Controls Destiny at Home | 3/6/2009 | See Source »

...logic behind the government move was not clear. Save the Children U.K., for example, has not worked in Darfur since 2005, but was on the list nonetheless...

Author: /time Magazine | Title: Sudan's Leader Shuts Down Aid Groups | 3/5/2009 | See Source »

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