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Meanwhile, a mastermind of one of the most elaborate insider-trading schemes in recent history remains on the lam. David Pajcin, a former Goldman Sachs analyst, pleaded guilty in 2006 of running a $6.7 million scam that authorities first detected when a retired underwear seamstress in Croatia earned $2 million in profit from a suspicious, two-day investment in Reebok. The 63-year-old, who did not own a computer, was Pajcin's aunt; he traded stocks in her name and in the name of an exotic dancer he was dating to escape scrutiny. In one ploy to glean inside...

Author: /time Magazine | Title: Insider Trading | 11/9/2009 | See Source »

...have to spend much time with teenagers to know that the average adolescent would rather devote an afternoon to sitting in front of the TV, computer or video-game console than working out in a gym. And in recent years, as physical-education classes have been progressively cut from cash-strapped public-school curriculums, teens have had even more time to lounge, slouch, hang out or do anything but break a sweat...

Author: /time Magazine | Title: Teen Obesity: Lack of Exercise May Not Be to Blame | 11/9/2009 | See Source »

...Vegas sports book, there's a tiny bit of science in the numbers. The odds for a game or a race are determined by the recent finishes of teams or horses; the line-makers are predicting outcomes on past strengths and weaknesses. New movies, especially nonsequels like Christmas Carol, Goats and The Box, have no track record; they have only the expectations, high or low, of industry swamis. The Sunday-morning "weekend" numbers are also a guessing game, since the final tabulations don't come in until Monday afternoon. Declaring a weekend champ on Sunday is like saying...

Author: /time Magazine | Title: A Christmas Carol Wins — and Loses — the Weekend | 11/8/2009 | See Source »

...malfunctioning must have devastated many, a recent post on harvardfml said: “I just checked out yalefml and got a page that said 'Site suspended due to high traffic volume. Please check back on Friday, Nov. 6, 2009.' Yesterday was Nov 6. And now I don’t know how else to procrastinate...

Author: By Jessie J. Jiang | Title: Bad Week at Yale? | 11/8/2009 | See Source »

Rome has been silent about Burke's most recent public statements. In late September, O'Malley was named to the Pontifical Council for the Family, a minor and expected appointment, but also a reminder that the Boston Cardinal has friends in high places. "From the point of view of doctrine, Benedict has absolute firmness," says a Vatican insider. "But he does not want to see it play out in a confrontational...

Author: /time Magazine | Title: Priests Spar Over What It Means to Be Catholic | 11/8/2009 | See Source »

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