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...What if you don't give them holiday gifts? Well, I do give them holiday gifts, because they are people whose preferences I know a lot about. The problem arises in the situations where we have to give a gift, but we have no idea what the recipient wants. I'm not against giving gifts in the situations where we have a good idea what people want...

Author: /time Magazine | Title: Why We Shouldn't Give Christmas Gifts | 11/12/2009 | See Source »

...What about the person who says, "My in-laws would go insane if I didn't get them gifts"? Yes, that's the problem. So what do you do? There are a few possible answers. One answer is gift certificates or gift cards. Another solution that we see increasingly and that I advocate is giving gifts to charity. If you look at data, as people get richer, they give a higher fraction of their income to charity. So if you think that luxuries in that sense are things people would like to do, if only they had more money, then...

Author: /time Magazine | Title: Why We Shouldn't Give Christmas Gifts | 11/12/2009 | See Source »

Since then, e-mail has played an increasingly important role in prosecutions. Unlike wiretaps, e-mails eliminate the problem of entrapment. They are records of what someone was saying voluntarily, on their own. Accounting firm Arthur Andersen was indicted for its role in Enron's financial fraud in part because of an e-mail that told employees to eliminate any unnecessary paperwork. A shredding party ensued. In the Martha Stewart insider-trading case, jurors said one of the more damaging pieces of evidence had to do with the fact that Stewart tried to alter an e-mail that had been...

Author: /time Magazine | Title: The Bear Stearns Verdict: A Blow to E-Mail Prosecutions | 11/12/2009 | See Source »

Prominent defense attorney Stanley S. Arkin says that even though e-mails can be credible evidence, prosecutors have taken it too far. "It has led prosecutors to bring cases that might not have been brought otherwise," says Arkin. "The problem is, e-mails can often be confusing. They are brief and often written without a lot of thought." Arkin and others say the Bear Stearns hedge-fund case shows that jurors understand that. Without other evidence, prosecutors will have a hard time convincing jurors that what someone wrote in an e-mail is definitively what they believe...

Author: /time Magazine | Title: The Bear Stearns Verdict: A Blow to E-Mail Prosecutions | 11/12/2009 | See Source »

...have no disagreement with. In fact, if they had at least done that, then I would say at least the billboard was still correct, right? Because millions of people are good with God, and millions of people are good without God. And I don’t have any problem with that. So for future vandals, that’s just a suggestion...

Author: By STEPHANIE R. MCCARTNEY, CONTRIBUTING WRITER | Title: 15 Questions with Greg M. Epstein | 11/12/2009 | See Source »

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