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...Observers say it's likely that all the accounting firms did was check the statements that Madoff himself produced. In the 64-page document Rye Select sent to all its potential investors is the statement "Valuation provided by the counter party affiliate [Madoff] will not be subject to independent review...

Author: /time Magazine | Title: The Madoff Fraud: How Culpable Were the Auditors? | 12/17/2008 | See Source »

Four months earlier, the medics had raced to the scene of a shooting, only to find the victim dead from blood loss, ripped apart by bullets from an AK-47. After an initial review, they left the scene--unaware that the dead man clutched an unpinned grenade beneath him, an explosive the military later defused. "If the medics had just moved the body a little, the grenade could have exploded," says ambulance chief González. "Not even a bulletproof jacket could save them from that. The only way we are going to be safer is if this violence calms down...

Author: /time Magazine | Title: Postcard from Culiacán | 12/17/2008 | See Source »

...about to be reminded how strongly they feel about leaving out the correct cookies for Santa. Just as they feel strongly about the traditional sleepover the night before the last day of school. Or the cake on the dock on the last night of the summer, when we review what we've learned since June. Or the sacred right to make ice cream from the first snowfall and eat it for breakfast. Some traditions are set by Scripture or laced with superstition; others are accidents elevated into ceremony, habits in party clothes. A Woody Allen character viewed tradition...

Author: /time Magazine | Title: Listen to the Kids | 12/17/2008 | See Source »

...some involved in the latest curricular review, replacing the impersonal lecture halls of the Core with a more intimate learning environment was a high priority...

Author: By Bonnie J. Kavoussi and Paul C. Mathis, CRIMSON STAFF WRITERS | Title: Gen Ed Courses Larger Than Hoped | 12/15/2008 | See Source »

Between rigorous concentration requirements and highly demanding classes, balancing the general demands placed onto a Harvard student can prove to be a daunting task. Add morning lift, afternoon practice, film review and weekly games to the mix, and one starts to wonder whether there is enough time to eat three meals a day and still get more than four hours of sleep...

Author: By Alexandra J. Mihalek, CRIMSON STAFF WRITER | Title: Harvard Showcases Einsteins of the Gridiron | 12/15/2008 | See Source »

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