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...front of the House Financial Services Committee hearing, the former investment manager told how his nine years of repeated warnings to SEC enforcement officials went ignored and how they dismissed his detailed "red flag" reports. Markopolos also told the committee that tomorrow he will be turning over evidence to the SEC of another major Ponzi scheme, a $1 billion "mini-Madoff." It's expected that the SEC will pay closer attention to him this time. (Read "Bernie Madoff's Victims: Why Some Have No Recourse...

Author: /time Magazine | Title: A Madoff Whistle-Blower Tells His Story | 2/4/2009 | See Source »

...Harvard Square establishments and nine other Cambridge restaurants made Boston Magazine’s first ever list of “The 50 Best Restaurants” in the Boston area last month...

Author: By Liyun Jin, CRIMSON STAFF WRITER | Title: Local Eateries Score High | 2/4/2009 | See Source »

...frame marked by high tensions, as the squads entered the final period knotted at 2-2. Allowing its opponent no early shots on goal, Harvard had the first opportunity to break the tie when sophomore Michael Biega found some separation and blasted a shot off the crossbar nine minutes in.The squandered chance proved costly a few minutes later. Immediately after winning the faceoff, BU’s Zach Cohen pushed the puck past Crimson freshman goalie Matt Hoyle to give the Terriers their first lead of the game at 11:25.Cheered on not only by its small student section...

Author: By Dennis J. Zheng, CRIMSON STAFF WRITER | Title: Top Dogs Down Crimson by Goal | 2/3/2009 | See Source »

...revitalized the Sri Lankan armed forces through a massive injection of funds that has boosted everything from tactical capability to morale. Some 20% of the nation's budget is now devoted to military spending (6% of its GDP), and the boost in resources has, over the past nine months, helped the military make steady gains against what had once seemed intractable positions held by the rebels. Some have taken Colombo's example as a message for counterinsurgency efforts elsewhere. On Jan. 16, an editorial in the Wall Street Journal hailed Sri Lanka's successes as proof that wars "on terror...

Author: /time Magazine | Title: How Sri Lanka Tamed Its Tigers | 2/3/2009 | See Source »

...state budget proposed by Mass. Governor Deval L. Patrick ’78 calls for raising the cap on charter school spending to 12 percent from nine percent—a move that could allow for the creation of a fourth charter school in Cambridge. The proposal was met with criticism from interest groups and educators on both sides of the charter school debate. Although the governor’s proposal would allow more students who want to attend charter schools to do so, the additional funding comes with the stipulation that 80 percent of the new schools?...

Author: By Michelle L. Quach, CRIMSON STAFF WRITER | Title: Patrick To Raise Charter School Spending | 2/2/2009 | See Source »

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