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...sending out the proxy statement, the complaint asserts, Bank of America had agreed to let Merrill pay out as much as $5.8 billion in year-end bonuses, a little over $2 billion more than Thain actually paid out. In settling the SEC complaint - paying the fine - Bank of America neither confirmed nor denied the charges...

Author: /time Magazine | Title: SEC Settlement May Threaten BofA CEO | 8/4/2009 | See Source »

...brother knew about the negotiations between the Mafia and the state, and this is why he was killed," Borsellino says. "There were government authorities who worked to prepare and carry out [the assassination]." The final history of this brutal chapter in Italy's past is in the hands of neither Borsellino's surviving relatives nor his convicted killers, of course, but his successors among the corps of Sicilian prosecutors...

Author: /time Magazine | Title: A Mafia Boss Breaks Silence on an Assassination | 8/3/2009 | See Source »

Apatow has mixed humor and heart before, but never humor so raw or heart so bleeding. He sets up his audience to go for the gross, then tell them to feel deeply for the folks he's been making fun of. He wants it both ways, and gets neither. Many of his fans, without begrudging his stab at working outside his comfort zone, will beg him to please, please, go back and make Judd Apatow movies...

Author: /time Magazine | Title: Funny People: Uneasy Mix of Humor and Heart | 7/31/2009 | See Source »

Money-laundering is an attendant crime. But so is trafficking in undocumented migrant workers. A single marijuana growing operation can consist of a dozen homes or more, requiring many hands to tend to the plants. And when arrests are made, those taken in are often neither the homeowner nor the person named on the lease. The actual operators usually elude capture. Still, workers are lured by the promise of a piece of the profits and rent-free living, sometimes raising children among the deadly high-voltage lights and other potential life-threatening apparatuses associated with indoor marijuana. (Read "Is Marijuana...

Author: /time Magazine | Title: Florida's Marijuana Boom: House-Grown, and Potent | 7/30/2009 | See Source »

Similarly, as Mousavi himself has said, Peyman believes the Green Movement wishes for neither a revolution nor a change in the entire political system. Its most powerful appeal is to the founding documents and mythology of the Islamic Republic itself: a constitution ratified by the people in 1979 and particular statements by Ayatullah Khomeini that stressed the legitimacy of the state depending on the popular will. Perhaps this means that, in the future, the Supreme Leader should reign and not rule...

Author: /time Magazine | Title: The Iranian Opposition: Willing but How Able? | 7/28/2009 | See Source »

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