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...still piecing together the stunning global fraud. The extension agreed to today by Feds and Madoff's lawyers appears to confirm the two sides are working hard on a plea bargaining deal. Litt's office, with no comment, has not tipped their hand either way. A guilty plea would mean Madoff would escape the glare of a trial and be sentenced quickly...

Author: /time Magazine | Title: Ruth Madoff Withdrew $15.5 Million Prior to Husband's Arrest | 2/11/2009 | See Source »

...captain of the Junior Varsity team and devoted the following summer to training. “I rarely saw him so grim and determined,” Owen remembers, “as a younger brother I was watching him like ‘wow.’ I mean, he just played basketball all the time...

Author: By H. max Huber, CRIMSON STAFF WRITER | Title: Arne S. Duncan '86 | 2/11/2009 | See Source »

Though the administration is projecting a higher spending level in the mid-six percent range—up from 4.6—for this year and next, according to Smith, even a far higher rate could mean flat or even reduced overall payouts from the endowment, depending on its value at the end of the fiscal year on June...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERS | Title: University Braces for More Cuts | 2/11/2009 | See Source »

...close any shades from the approved 26 windows while the parade takes place. This will alarm the Secret Service Snipers allocated on neighboring buildings.” I began to ask the woman who had escorted us into the building, “So, just to be clear, you mean, like, if I open the shade on one of those windows over there–” “–you run the risk of being shot,” she interrupted. “Alrighty then.” We were on the 15th floor...

Author: By Charles R. Melvoin, CRIMSON STAFF WRITER | Title: Window 21 to the World | 2/11/2009 | See Source »

...truly efficacious. Boston’s Chinatown was founded in 1890, and it remains the only historically Asian neighborhood in New England. Despite a long-established presence in the city, Asian American representation in Boston politics has been nonexistent. Yao commented that if Yoon were to win, it would mean a lot symbolically for the Asian community in Boston. “Mayor Menino was the first Italian-American mayor, though Boston has a history of Irish mayors,” said Yao. “This would be a big deal. It would symbolize the new diversity in Boston...

Author: By Vidya B. Viswanathan and Shan Wang, CRIMSON STAFF WRITERSS | Title: Yoon To Challenge Menino | 2/11/2009 | See Source »

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