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Markopolos, who said that he feared for the safety of his family's life prior to Madoff's arrest, read parts from his nearly 60-page written description of the SEC's "investigative ineptitude" and "financial illiteracy." At the start of his oral statement, Markopolos injected a bit of metaphorical humor into his charge, describing the SEC as a regulatory agency that "roars like a mouse and fights like a flea." With the sober, academic look of an accountant, the former investment manager for Rampart Investment Management in Boston (he is currently an independent certified fraud examiner) detailed Madoff...
Google later backpedaled on its statement, conceding that the glitch had been caused by a simple human error. A forward slash was mistakenly added to a file that contained a list of potentially dangerous Web sites. As a result of this error, nearly every Web page was added to that list...
These four families rose fast and fell hard. Meticulous research culled from courthouse records, archives and interviews with descendants of the Big Four make The Big Rich a page-turning tale with well developed characters that seems boxed up and ready for the silver screen. It's impossible to read this book and not think of the 2007 film There Will Be Blood, which put the ruthless business of land rights and oil drilling into sharp focus. Burrough's tome, though, is broader and explores not just the greed, wealth and risk of early twentieth century American oil prospecting...
...Back in November, the New York Post's Page Six, famous for having perhaps the least onerous factual requirements of any media organ outside cyberspace, reported that Vogue editor in chief Anna Wintour might be leaving. That set off a domino chain of reports that are still tipping over three months later. The New York Times weighed in at the turn of the year, opining that Vogue had become "stale and predictable" during Wintour's 20-year reign. Overseas, newspapers and magazines from England to Thailand picked up the tale. Somewhere it acquired the too-good-to-fact-check tidbit...
...Reserve. If you haven't yet made your dinner plans for Valentine's Day, which falls on a Saturday this year, check out OpenTable.com, which has a special page for restaurants like Rosa Mexicano, which has a "Fruits of Love" menu featuring lobster and shrimp enchiladas, and Vancouver's Zin Restaurant & Lounge, offering a five-course menu. A sexologist will be on hand to answer couples' burning questions...