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...that it had reached an agreement with Madoff over a partial judgment on civil penalties related to his alleged masterminding of the now infamous $50 billion Ponzi scheme, considered the largest in history. A Ponzi is a fraud in which money from new investors is used to pay off previous investors...
Once again, the volunteers were divided into fours in competition for a $400 prize, but now their assigned task was to work as teams to solve computational problems from previous versions of the Graduate Management Aptitude Test (GMAT). Before the work began, the participants informed the researchers - but not their team members - of their real-world scores on the math portion of the SAT. When the work was finished, the people who spoke up more were again likelier to be described by peers as leaders and likelier to be rated as math whizzes. What's more, any speaking...
Polls suggest that Chávez has a narrow lead. Places such as La Silsa are likely to decide the outcome - though in a previous plebiscite, in 2007, his supporters failed to turn out in big enough numbers and voters rejected scrapping term limits, among other proposals. But even if Chávez fails a second time, few doubt he'll try again before 2012. Fans say he needs to complete his revolutionary goals. "He's leading a transformation of our society," says Chávez's former ambassador to the U.S., Bernardo Alvarez. "And we should let voters...
Harvard’s policy stands in contrast to some of its peer schools, notably Princeton and Yale, which are maintaining previous hiring levels. Harvard stands to lose talent to these schools, as young academics begin tenure tracks at other universities. There is no guarantee that these professors will be able or willing to move to Harvard later in their careers...
...Australians had gone to bed on Saturday night knowing that dozens of fires raged across southern Victoria. They knew, too, that at least a dozen lives had been lost. But, like the authorities, they had no idea of the scale of the disaster that had been unfolding over the previous few hours. Fueled by 115 F degree (46 C) heat and powerful northerly winds, the fires were laying waste to houses, schools, whole towns. On Sunday morning, as the weeping, blackened survivors emerged from the ruins telling of horrific scenes of bodies dead beside the roads and of missing relatives...