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...explosives, and a training video of how to construct suicide-bomb belts. In Sarajevo I met Bajro Ikanovic, 32, one of the four men arrested for plotting terrorist attacks as a result of that raid. Sitting in a café during a four-day furlough from prison, he told me he has converted several young men to militant Islam, and has pressed them to consider fighting to defend their religion. "Muslims who do not preach jihad are cowards, or just too comfortable with their lives," he says. Asked if young militants should fight in the Afghanistan or Iraq wars...

Author: /time Magazine | Title: Bosnia's Islamic Revival | 6/15/2009 | See Source »

...Colonial America--where moneylending was governed as much by moral codes as by legal ones--defaulting on your debts was considered a moral failing. Accordingly, owing as little as 40 shillings (less than the price of a fine pair of bedsheets) could get you thrown into a Dickensian debtors' prison. Amid the financial turmoil that followed the Revolutionary War, however, delegates to the Constitutional Convention predicted the nation might need laws that would facilitate going belly-up in an orderly fashion. The first federal bankruptcy law, which drew on English statutes, was signed in 1800 and redounded to the benefit...

Author: /time Magazine | Title: A Brief History Of: Bankruptcy | 6/15/2009 | See Source »

SENTENCED After being convicted of the 2003 murder of actress Lana Clarkson, record producer Phil Spector, 69, was sentenced to 19 years in prison...

Author: /time Magazine | Title: Milestones | 6/15/2009 | See Source »

...Knox's defenders suggest that a combination of exhaustion, after being questioned for hours, and police interrogation tactics may have led her to make the comments. Indeed, when Lumumba's airtight alibi got him released from jail, after a couple of weeks, Knox wrote ecstatically about it in her prison journal ("Patrick got out today! Finally! Something is going right!") and later wrote of her remorse at ever having implicated him, saying it was under extreme duress and a result of police "brainwashing." Her testimony Friday took it one step further: she told the jury that she had also been...

Author: /time Magazine | Title: How Strong Is the Evidence Against Amanda Knox? | 6/14/2009 | See Source »

...member of the Pirate Party, which campaigned on an anti-copyright platform, to the European Parliament. The party, which won 7.13% of the vote, is named after Swedish file sharing website Pirate Bay. Earlier this year, a Swedish court sentenced four of the Bay founders to a year in prison each and a fine of approximately $3.6 million for "assisting in making copyright content available." There is no formal connection between Bay and the Pirate Party but there is little hiding where the party's sympathies lie. "Most mainstream parties don't understand that the Internet is an important part...

Author: /time Magazine | Title: Europe Stumbling in Efforts to Battle Internet Piracy | 6/13/2009 | See Source »

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