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Creating the illusion of fantastic success, of course, is Chapter 1 in the Scammer's Handbook. But many among the most egregious alleged billionaire bamboozlers, like R. Allen Stanford and Bernie Madoff, are taking the art of thievery to the next level. Some don't even bother opening an investor account when new monies come in; they just go shopping. It's enough to make Gordon ("Greed is good") Gecko blush. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: How to Spot a Ponzi Con Artist? Follow the Yachts | 3/6/2009 | See Source »

...course, the above describes the lavish world of financer R. Allen Stanford, a near Madoff who, according to the SEC, allegedly pulled off a 15-year Ponzi based on suckering investors with $8 billion or more of so-called high-yield certificates of deposit. According to the SEC, he has yet to hire a lawyer of record, and he could not be found for comment...

Author: /time Magazine | Title: How to Spot a Ponzi Con Artist? Follow the Yachts | 3/6/2009 | See Source »

...larger emphasis on teaching than ladder-faculty positions do. Since the Fellows would be teaching “almost full time,” they may not have enough time to write and do research, said Gennaro Chierchia, chair of the Linguistics department. Former Dean of the College Harry R. Lewis said that he is optimistic about the fact that the position places such a large emphasis on teaching, since it may signal a shift in the qualities sought in future professors. “Just as the general competition goes up, so the bad news is that it?...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Ph.D.s To Fill Teaching Posts | 3/6/2009 | See Source »

...life depends on my job at the law school,” said Ashley R. Pollock, a faculty assistant at the Law School. “I’ve been told that I could be on the chopping block. It’s difficult not knowing if I’m going to be employed in a few months...

Author: By Huma N. Shah, CONTRIBUTING WRITER | Title: Students, Staff Protest Potential Layoffs | 3/6/2009 | See Source »

...like to play the tables. If you can tear yourself away from the spa, there's a perfectly pleasant outdoor pool (one section of which allows topless sunbathing, though I demurred); a $500-a-round golf course designed by Tom Fazio and Wynn; and La Rêve, the impressive, water-themed acrobatic show. The beauty of the Wynn is that you don't ever have to leave the grounds of the resort to enjoy yourself for a couple of days. All of Las Vegas is a screaming buy at this point, but if living well is the best revenge...

Author: /time Magazine | Title: Stick It to the Recession: Wynn's Vegas Encore | 3/5/2009 | See Source »

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