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...other accounting firms will soon follow. "The fact that they didn't catch the fraud leads me to believe that they blew it," says Scott Berman, a lawyer at Friedman Kaplan Seiler & Adelman who has reached settlements with auditors in similar cases in the past. "I am going to look hard at whether there is liability there...
...Accountant Ronald Niemaszyk, whose firm, Jordan Patke & Associates, specializes in reviewing the books of hedge funds, agrees that in many cases it is common to rely on brokerage statements when auditing funds. But in this case, Niemaszyk says, the auditors most likely should have looked deeper. "You have to look at the auditors' work that you are relying on," he says. What's more, Madoff acted as his own broker instead of going through another firm...
...consulting with the Department of Defense to explore facial transplants for severely disfigured soldiers, though it will be quite some time before the procedure becomes even remotely routine. For now, the doctors are focusing on their first successful transplant patient. And while she has not even gotten a good look at her new face yet, she has found another way to experience it. "She has lifted her hands and run them over her face," says Siemionow. "She feels that she once again has a nose and a jaw." For someone who had lost so much, that, for the moment...
...young medics look at each other and sigh. "We can't go in while the bullets are still flying. It's just too dangerous," says Eladio Cota, a boisterous 32-year-old paramedic. "It's hard, but those are the rules." By the time their ambulance made its way down the bumpy unpaved roads, it was too late. Masked, black-clad police stood somberly next to a line of yellow tape as soldiers pulled up in green humvees, fingers at the triggers of their mounted machine guns. Behind the tape, two twisted bodies sprawled on the dirt street--the latest...
...economy would not withstand the collapse of the auto industry, but perhaps carmakers should look to their friends in the oil industry for assistance. ExxonMobil and others reported record profits--with our money--supplying fuel for all the gas-guzzlers Detroit built. Why should U.S. citizens pay again? William Stamm, ROSENDALE...