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...word in edgewise about her plan to fix the SEC. The initial actions were heard Friday in a speech at the Practising Law Institute in Washington. In what Schapiro calls her first two significant moves as chief, she is abolishing the agency's two-year-old failed "penalty pilot" experiment and dismantling a burdensome full-commission "pre-approval" process, which often delayed enforcement efforts "for weeks," she said. The announcements brought applause from the lawyers in attendance...

Author: /time Magazine | Title: Mary Schapiro Moves Quickly to Shake Up the SEC | 2/11/2009 | See Source »

...commission's "penalty pilot" program, Schapiro said, has caused "significant delays" and forced staffers to negotiate penalties with SEC commissioners prior to negotiating with the actual company. This, according to Schapiro, discouraged staffers from arguing for penalties and "sometimes resulted in reductions in the size of penalties imposed" against public companies that harmed investors...

Author: /time Magazine | Title: Mary Schapiro Moves Quickly to Shake Up the SEC | 2/11/2009 | See Source »

...think there's anyone in Russia who doesn't know what a drunk person looks like.' KATYA KUSHNER, one of 100 airline passengers who signed a petition claiming that an Aeroflot pilot was intoxicated before takeoff; the Russian airline claims the pilot's blood tested negative for alcohol...

Author: /time Magazine | Title: Verbatim | 2/5/2009 | See Source »

...assignment each episode--the three sent for review are a hostage case, a wilderness adventure and a heist caper--which makes Dollhouse a kind of drama-school exercise for Whedon and Dushku. The genre-hopping Whedon is up to the task; his hostage-negotiation story would make a crisp pilot for a CBS procedural. And he unsettlingly conveys the actives' experience of living a constantly interrupted dream. ("Did I fall asleep?" they ask after each treatment.) But Dushku, memorable as the bad-girl Faith in Buffy, isn't much of a chameleon. She's passably callow as Caroline and nicely...

Author: /time Magazine | Title: Dollhouse: Who Does Joss Whedon Think He Is? | 2/5/2009 | See Source »

...year-old pilot named Roger Peterson had agreed to take the singer to Fargo, North Dakota - the closest airport to Moorehead. A snowstorm was on its way and the young pilot was fatigued from a 17-hour workday, but he agreed to fly the rock star to his next gig because, hey, he would be flying Buddy Holly. The second show ended at midnight. The musicians packed up their instruments and finalized the flight arrangements. Holly's bass player, Waylon Jennings, was scheduled to fly on the plane but gave his seat to the Big Bopper, who was suffering from...

Author: /time Magazine | Title: The Day the Music Died | 2/3/2009 | See Source »

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