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...last 30 days, Picard has filed six major lawsuits, many against Madoff's largest feeder funds. The combined suits ask for the return of over $10 billion in fraudulent profits. Picard's complaints allege the people running the funds "knew or should have known" Madoff was a fake, simply based on the exorbitant, non-stop returns they received. Suits have been filed against Walter Noel's Fairfield-Greenwich Group, which withdrew $3.2 billion since 1995, Jeffrey Picower's funds, totaling $6.7 billion withdrawn, and against Stanley Chais, whose funds took out over $1 billion since 1995. (See pictures...

Author: /time Magazine | Title: Irving Picard at Center of Post-Madoff Storm | 5/30/2009 | See Source »

...team that returned every player from last year, the men’s golf team certainly hoped to see a marked improvement over last year’s results. But when the season culiminated with the Ivy League Championships the last weekend of April, Harvard had to be disappointed. After finishing fourth in last year’s league championship, the squad slipped two spots to sixth this year.“I think we accomplished a lot,” captain Michael Shore said. “We had two wins, which is pretty huge. Unfortunately, Ivies...

Author: By Dixon McPhillips, CRIMSON STAFF WRITER | Title: SEASON RECAP: Harvard Comes Up Short at Ivies | 5/30/2009 | See Source »

...bonding experience was merely a warm-up for the slew of games left to play. The team’s return back east was accompanied by a six-game unbeaten streak, ignited by a shutout win at New Hampshire and a 2-1 victory over previously-unbeaten Davidson...

Author: By Dennis J. Zheng, CRIMSON STAFF WRITER | Title: SEASON RECAP: Crimson Takes League Crown | 5/30/2009 | See Source »

Although McKinley graduates this year, Harvard can look forward to the return of several rising sophomores in addition to Ingersoll—Christine Wu and Sandra Lynne Fryhofer. Each will provide valuable talent in different areas of the court. Wu led the team in digs with 378 and was sixth overall in the Ivy League in the category. Playing in 21 matches, Fryhofer dropped 40 blocks on opposing teams while racking up 143 kills, finishing third and fourth on the team in those statistics, respectively...

Author: By Emmett Kistler, CRIMSON STAFF WRITER | Title: SEASON RECAP: Individual Honors Mark ’08 Season | 5/30/2009 | See Source »

That effort will now at least go into abeyance, if only because Pyongyang clearly has no interest in accepting U.S. Secretary of State Hillary Clinton's invitation, issued this week, to return to the six-party talks. South Korean President Lee Myung Bak in Seoul flatly told President Obama earlier this week not to go back to simply trying to bribe the North out of its nuclear program. Japan is more or less in the same place. China, which could inflict considerable economic pain on Pyongyang by cutting off trade and fuel shipments, now must decide whether...

Author: /time Magazine | Title: China Gropes for a Response to North Korea's Nukes | 5/28/2009 | See Source »

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