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...this process, the report explains, the investor-owners were helped by the fact that many transitional neighborhood tenants were new (and possibly undocumented) immigrants, whose lack of English fluency and legal representation put them at a disadvantage in housing court, where deals are typically hammered out with owners' lawyers before ever reaching the judges. Those actually executing these orders were often conflicted about it. "Having a large property owner as a client is great for the volume of work, but if you ask me about it morally or ethically, well, I'd rather not say," admits a housing court attorney...

Author: /time Magazine | Title: Should Private Equity Invest in Residential Real Estate? | 1/20/2010 | See Source »

...Taliban shadow governor promulgated the rumors of a desecrated Koran. Still, that incident as well as the Jalalabad one underscore the U.S.'s failure to understand the local environment, much of it attributable to a self-centered approach to gathering and disseminating intelligence throughout the Afghan theater. A new report titled "Fixing Intel: A Blueprint for Making Intelligence Relevant in Afghanistan," written by the top U.S. military intelligence commander there, slams intelligence failures (even before a Jordanian double agent detonated his suicide vest inside a CIA facility, killing eight personnel). The report says that intelligence-gathering systems are "ignorant...

Author: /time Magazine | Title: Afghanistan: Limits of 'Winning Hearts and Minds' | 1/19/2010 | See Source »

...Nigerian to carry out a terrorist attack; another intercept had suggested some sort of attack around Christmas. The State Department had learned from the U.S. embassy in Abuja, Nigeria, that the son of a prominent Nigerian banker had joined extremists in Yemen. The CIA had even produced a background report on Abdulmutallab. All this information had been forwarded to the National Counterterrorism Center (NCTC), which was created in 2004 specifically to take information from all these agencies and "connect those dots...

Author: /time Magazine | Title: Spotlight: The Intelligence Breakdown | 1/18/2010 | See Source »

...What convinces me that my local beach is safe is the truth about the Sub. The monster of the deep was, I'm sorry to report, a myth dreamed up in the 1970s over several pints at the Tavern of the Seas by a group of bored Cape Town news reporters keen to test the gullibility of their readers. The experiment succeeded beyond their wildest expectations. From the moment they ran they story, the papers were inundated with reports of sightings from readers, and the Sub became its own living myth. Cape Town newspapers ran stories about the apocryphal beast...

Author: /time Magazine | Title: Cape Town: Why We Swim with Sharks | 1/18/2010 | See Source »

...Ratzon's "wives," filed a complaint against him with the Tel Aviv police. The mother, who was arrested along with Ratzon, is suspected of introducing her biological daughter, then 14, to the healer for purposes of sex; she is now facing charges of encouraging and failing to report underage sex. Using Clause 375a of a new Israeli law against human-trafficking that makes it a crime to hold a person "in conditions of slavery," police then tapped Ratzon's phones and began surveillance. Parallel to the police investigation, parents of some of the young women hired private detectives to launch...

Author: /time Magazine | Title: In Israel, the Messiah with More Than 30 'Wives' | 1/18/2010 | See Source »

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