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...guilty conscience, billions to play with and oodles of time is the perfect recipe for massive deception, according to Christopher Reich, best-selling author of financial thrillers such as Number Account and the recent Rules of Deception. "Madoff had decades to prepare for this day, and it's likely he's hidden considerable assets," says Reich. "Numbered accounts in Swiss banks are no good today; the Swiss cooperate too much." Instead, a white-collar fraudster like Madoff could create multiple phony investment-advisory businesses in foreign countries, similar to legitimate businesses he's actually working with. Says Reich...

Author: /time Magazine | Title: Where Has Bernie Madoff Buried His Loot? | 1/7/2009 | See Source »

...Zurich and Nicolai Bissantz of Ruhr University in Bochum, Germany, based on infrared data collected by a NASA satellite. Unlike visible light, infrared light penetrates dust clouds, so it provided Engelmeier and Bissantz with more precise measurements, in turn allowing Pohl to produce a more accurate, if not perfect, map. "Our method works over much of the Milky Way but not everywhere," he says...

Author: /time Magazine | Title: The Milky Way: Bigger, Faster, Better Understood | 1/6/2009 | See Source »

...perfect government servant." - Then New York Rep. Charles Schumer, on Panetta's appointment to be Clinton's budget director, USA Today...

Author: /time Magazine | Title: CIA Director: Leon Panetta | 1/6/2009 | See Source »

...club,” Amaker said. Freshman Max Kenyi and Housman scored 11 points apiece. Most impressive were the contributions of players who haven’t seen much action, like freshman center Peter Swiatek. In 18 minutes played, Swiatek put up nine points and six rebounds, shooting a perfect 3-for-3 from both the floor and the free-throw line. “I thought his effort was tremendous,” Amaker said. “I was very happy to see him get the minutes that he was able to get today because he?...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: Harvard Routs Eagles with Ease | 1/4/2009 | See Source »

...Thailand and Taiwan. But such mass protests were designed to overthrow dictators, not democratically elected leaders. In much of Asia, political frameworks now exist to remove incompetent rulers at the ballot box, making street rallies to throw the bums out largely unnecessary. Of course, no electoral system is perfect: vote-buying in villages, for instance, plagues some Asian countries. But it is only by going through several electoral cycles that democracies can consolidate and grow...

Author: /time Magazine | Title: Asia's Dithering Democracies | 1/1/2009 | See Source »

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