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...Chase account, Madoff said in court in mid-March, was used to shuttle money back and forth between his U.S. and London operations, to make it appear he was executing trades in European markets, as he told federal regulators. Madoff made no trades at all with his Chase account, but rather just collected investor monies, wrote checks to investors, and took money for himself. In court, Madoff pleaded guilty to 11 counts of fraud, from wire transfer to money-laundering...

Author: /time Magazine | Title: Madoff's Banker: Where Was JPMorgan Chase? | 3/25/2009 | See Source »

...even smaller manifestations of independent thinking are bringing a swift response. In mid-March, the mainland's Civil Rights and Livelihood Watch reported that Zhang Shijun, a former People's Liberation Army solider who wrote an open letter expressing his regret about the crackdown on protest in Tiananmen Square in 1989, was taken away from his home in the middle of the night by armed policemen. There has been no news since then of Zhang, who had served in one of the military units that put down the protests and contributed to the loss of hundreds of lives...

Author: /time Magazine | Title: As China's Olympic Glow Fades, So Do Hopes for Reform | 3/25/2009 | See Source »

...first time solar has been proposed for the plains, however. Darrell Twisselman - whose family has lived in the area since the 1880s and whose land would host the two photovoltaic plants for a hefty profit - remembers when they built a solar photovoltaic plant there in the mid-1980s. (At 6 megawatts, it was tiny compared with the current proposals, one of which has a 177-megawatt capacity.) The project faced similar gripes then. "Everyone complained about them for two weeks, and then everyone forgot," Twisselman says. "And they were what you might say unsightly. You could see them from everywhere...

Author: /time Magazine | Title: Solar Power: Eco-Friendly or Environmental Blight? | 3/24/2009 | See Source »

...minimized." That came three years after the U.S. stopped executing minors, following a Supreme Court decision, Roper v. Simmons, that was largely based on new brain research showing that the full development of the frontal lobe, where rational judgments are made, does not occur until the early- to mid-20s. At the state level, Missouri is leading the country by phasing out its large juvenile-detention institutions in favor of smaller facilities, closer to kids' homes, that offer more specialized services, like mental-health and drug counseling and education. In the process, the state claims to have reduced recidivism rates...

Author: /time Magazine | Title: Getting the Juvenile-Justice System to Grow Up | 3/24/2009 | See Source »

...odds are reasonable that Gregg came by his high office the same way that John Quincy Adams and George Bush did. Gregg's father was the governor of New Hampshire in the mid-1950s. Judd held the same job little more than three decades later and then was elected to the US Senate. His own accomplishments are so modest that he lists the "Legislative Recognition Award" from the American Ambulance Association as an important milestone on his CV. Gregg's contribution to the debate about the federal budget is a statement he made on CNN's State of the Union...

Author: /time Magazine | Title: Senator Gregg and the Princes of Anarchy | 3/23/2009 | See Source »

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