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Until now, Madoff, who was sentenced to 150 years in prison, has steadfastly insisted he acted alone in the scheme and refused to point the finger of blame at anyone else. Madoff's brother and sons, who worked under the same roof, as well as his wife Ruth, have come under intense scrutiny during the probe but have not been charged with any wrongdoing. Madoff's outside accountant, David Friehling, is the only other person to be formally charged in the seven-month investigation until now. He pleaded not guilty to fraud charges...

Author: /time Magazine | Title: Madoff Exec Pleads Guilty, Says Insiders Knew of Fraud | 8/11/2009 | See Source »

Using shards of shattered glass and metal scraps as weapons, inmates at an overcrowded California prison went on an 11-hour rampage on Aug. 8, leaving some 250 people injured and a prison dormitory burned to the ground. Officials believe the riot at the California Institution for Men - the state's worst since 2006 - was fueled by racial tensions among black and Hispanic inmates. The violence came as California's prison system is adapting to a 2005 Supreme Court ruling that makes it more difficult for facilities to automatically segregate new prisoners by race, as the state had done...

Author: /time Magazine | Title: Prison Riots | 8/11/2009 | See Source »

...Prisons are violent places by nature. America's first recorded prison riot took place even before the Declaration of Independence, in Connecticut's Newgate prison in 1774, and uprisings continue to this day. One report estimates that U.S. correctional institutions saw more than 1,300 riots in the 20th century. Prison insurgencies can be tied to a wide range of causes, including racial tension, gang rivalries, individual feuds and general grievances against guards and prison administrators. (See pictures of Gitmo detainees' portraits...

Author: /time Magazine | Title: Prison Riots | 8/11/2009 | See Source »

REINSTATED Former Atlanta Falcons quarterback Michael Vick, 29, was conditionally allowed to return to the NFL after serving 18 months in prison for running a dog-fighting ring...

Author: /time Magazine | Title: Milestones | 8/10/2009 | See Source »

...MSNBC appearance: "These people, together with the president of their network and their board members should be serving lengthy prison terms for aiding and abetting this massive fraud and treason. Thease [sic] people better clean up their act or I will not live [sic] a stone unturned untill [sic] they all are in prison for what they are doing to their country." - Taitz's official blog...

Author: /time Magazine | Title: Orly Taitz | 8/10/2009 | See Source »

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