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Agape's website says it has been a "private bridge lender" since 1999, but U.S. Bureau of Prisons records show that Cosmo was released from the Allenwood, Pa., federal penitentiary on Aug. 23, 2000. In 1997, Cosmo, then a stockbroker, was accused of misappropriating funds, according to court records. He pleaded guilty to a single federal charge and was sentenced to 21 months in prison and ordered to pay restitution...

Author: /time Magazine | Title: Another Ponzi Scheme? Money Manager Cosmo Busted | 1/27/2009 | See Source »

...says Bequelin. A picture of Zhao, who died in 2005, rests high on a bookshelf in a place of reverence in Bao's home. Zhao was deposed in May 1989, just before the Tiananmen crackdown, for sympathizing with the student demonstrators. Bao was arrested and spent seven years in prison for "revealing state secrets" and "counterrevolutionary propagandizing." Rather than silencing him, Bao's prison term convinced him of the need to speak out. "If I hadn't had that experience, there is no way I'd be so clear," he says. "It freed my thinking. It freed my eyes...

Author: /time Magazine | Title: Chinese Dissident Bao Tong Speaks Out | 1/27/2009 | See Source »

...finally, the Obama Administration must deal with the political fallout over the decision to close Gitmo; the prison has many supporters in Washington. Pete Hoekstra, the top Republican on the House Intelligence Committee, said the Executive Order "places hope ahead of reality - it sets an objective without a plan to get there. Given the fact that we are talking about trained terrorists and people who have committed acts of mass murder, it would seem the proper course would be to have a plan in place before making this decision." Bush Administration officials will likely join the chorus of criticism...

Author: /time Magazine | Title: Obama Orders Gitmo Closed. Now the Hard Part | 1/22/2009 | See Source »

...prison and as a controversy, Gitmo has some ways...

Author: /time Magazine | Title: Obama Orders Gitmo Closed. Now the Hard Part | 1/22/2009 | See Source »

...economic policies. Those thoughts generated huge attention in Korea, particularly following Minerva's prediction that Lehman Brothers would fail. Those musings, however, have not sat well with Seoul. Now Park has been taken into custody by the government and, according to his lawyer, faces a maximum five-year prison sentence for allegedly spreading false information with the intention of harming or threatening public interest. Late last week, Park was denied bail...

Author: /time Magazine | Title: Seoul Cracks Down on an Internet Financial Guru | 1/22/2009 | See Source »

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