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...funds. The combined suits ask for the return of over $10 billion in fraudulent profits. Picard's complaints allege the people running the funds "knew or should have known" Madoff was a fake, simply based on the exorbitant, non-stop returns they received. Suits have been filed against Walter Noel's Fairfield-Greenwich Group, which withdrew $3.2 billion since 1995, Jeffrey Picower's funds, totaling $6.7 billion withdrawn, and against Stanley Chais, whose funds took out over $1 billion since 1995. (See pictures of the global financial crisis...

Author: /time Magazine | Title: Irving Picard at Center of Post-Madoff Storm | 5/30/2009 | See Source »

This week Jessica Biel was quoted on the subject of her beauty, which she said has gotten in the way of being considered for some parts. Easy Virtue, Stephan Elliott's uneven but charming adaptation of the Noel Coward play, is going to do nothing to dissuade the public of her extreme good fortune in the looks department. Striding around in wide-legged trousers or smiling from under some exquisite little cloche, she is dazzling on the level that makes you think perhaps that whole business with Helen of Troy wasn't so far-fetched. (See TIME's coverage...

Author: /time Magazine | Title: Easy Virtue: Jessica Biel Shakes Up the Brits | 5/21/2009 | See Source »

...Noel M. Holbrook ’82, a professor of forestry who serves with Schrag on the Center for the Environment steering committee, said his ability to bring different facets of the University together in his work on the environment would serve him well in Washington...

Author: By Emma M. Benintende, CONTRIBUTING WRITER | Title: Professor Will Serve On Obama Council | 4/30/2009 | See Source »

...Even more surprising, relatively few of them are musicals, with their ready-made tourist appeal. And while there's the usual spate of revivals - from crowd-pleasing chestnuts (Noel Coward's Blithe Spirit, starring a blithely ageless Angela Lansbury) to more challenging rediscoveries (Ionesco's Exit the King, with an all-stops-out performance by Geoffrey Rush) - what's really striking is the number of new plays that think they've found a home on the Great White Way. (See the top 10 plays and musicals...

Author: /time Magazine | Title: What's Wrong with This Spring's Broadway Plays? | 4/6/2009 | See Source »

Fairfield, Madoff's largest "feeder," with some $7 billion invested, was run by socialite Walter Noel. Through this entanglement of feeder funds, international hedge funds, sub-partnerships, and pension funds, with thousand of unsuspecting investors, Madoff was able to keep his house of cards standing much longer than he otherwise could have with his band of family members, small-time accountants, and clerks furiously cranking out false statements...

Author: /time Magazine | Title: Madoff Feeder Merkin Charged by Cuomo | 4/6/2009 | See Source »

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