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Reversals like these often mark the true end of a contentious business cycle, as the legal system shakes out how old laws will apply to new crimes. The Supreme Court's decision last year to overturn the conviction of accounting firm Arthur Andersen wasn't without precedent. (Nor was it helpful: after the initial trial, Andersen had collapsed and some 28,000 U.S. employees lost their jobs.) Similarly, Charles Keating, one of the biggest nabs in the 1980s savings and loan scandal, saw his conviction reversed nearly five years after going to prison. And after the late-'80s insider-trading...

Author: /time Magazine | Title: The One Who Got Away | 8/27/2006 | See Source »

Funny that Parks should choose the word suit. That's exactly what opponents of such measures are planning. The Puerto Rican Legal Defense and Education Fund expects to file a lawsuit shortly to overturn Hazleton's ordinance, which Cesar Perales, president of the New York City--based advocacy group, says is "unconstitutional and discriminatory." Perales cites a legal analysis by the bipartisan Congressional Research Service that suggests Hazleton's ordinance, by creating penalties for those who aid immigrants, may be trampling on an area of law that is under federal jurisdiction. "You can't have every little town deciding...

Author: /time Magazine | Title: Illegals? Not In These Towns | 7/24/2006 | See Source »

Fortunately for the whales, the resolution isn't binding. The vote was 33 to 32 in favor, but it would have taken a 75% majority to overturn the ban. For whaling opponents, however, the vote was an ominous sign of Japan's power over the IWC--and of its willingness to use strong-arm tactics and not-so-subtle bribery to get its way. Japan has reportedly showered more than $100 million in aid in recent years on island nations that it has persuaded to back its pro-whaling positions...

Author: /time Magazine | Title: Revenge of The Whale Hunters | 6/26/2006 | See Source »

...though Japan's allies don't have the votes to overturn the whaling ban, it takes only a simple majority to make other changes--to take future votes on secret ballots, for example, so that nations can't be held accountable for their positions, or to exclude antiwhaling groups from IWC meetings. Indeed, Japan last week sparred once again with Greenpeace--the organization that agitated hardest for the original ban--until Japan was pressured to back...

Author: /time Magazine | Title: Revenge of The Whale Hunters | 6/26/2006 | See Source »

...precedent, it will then convene biweekly throughout the fall as it pares down the list to the 30 or 40 most serious candidates.If the individual selected accepts the position, the search committee will then present its recommendation to the Board of Overseers for approval. The overseers are unlikely to overturn the committee’s choice. Harvard will then have named its 28th president.DEMANDING A VOICE As with many of Harvard’s institutions, the presidential search is rooted in tradition.The 1650 that charter that founded the College states the president of the University is to be chosen...

Author: By Nicholas M. Ciarelli, CRIMSON STAFF WRITER | Title: Harvard's President: Guess Who? | 6/7/2006 | See Source »

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