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Kyle McAvoy is a brutally overworked first-year associate at the high-flying, albeit fictional, Manhattan law firm Scully & Pershing. Fresh out of Yale Law - he edited the law review there - Kyle works up to 100 hours a week. He keeps a sleeping bag under his desk. He makes $200,000 a year, but he barely has time to spend...

Author: /time Magazine | Title: John Grisham's Charming Novel About Nothing | 1/24/2009 | See Source »

Bill Leonard, an attorney for CRE and Ossie, has said that Ossie "maintains that he acted with good faith at all times and intended to act with integrity for his clients." He said that Ossie and CRE have been "cooperating fully" with the SEC, opening all records for review...

Author: /time Magazine | Title: Beyond Madoff, Ponzi Schemes Proliferate | 1/23/2009 | See Source »

...Footnoted.org (598 links). The blog's author, Michelle Leder, digs through SEC filings and comes up with some of the best insights about the "hidden" comments found in 8Ks, 10Qs, and other government filings that rarely get as careful a review. This is one of the oldest financial blogs, founded...

Author: /time Magazine | Title: Best 25 Financial Blogs | 1/22/2009 | See Source »

...Review Every Case First, the Obama Administration must re-examine all the case files and decide which detainees to prosecute in the U.S., which to transfer to the custody of another government and which to simply release. There are nearly 250 detainees left, ranging from hard-core jihadists like Khalid Sheik Mohammed - who pleaded guilty to masterminding the 9/11 attacks - to a group of 17 Uighur dissidents from China - who even the Pentagon says represent no threat to the U.S. President Obama wants a Cabinet-level committee to lead the reviews. A report by the Center for Strategic & International Studies...

Author: /time Magazine | Title: Obama Orders Gitmo Closed. Now the Hard Part | 1/22/2009 | See Source »

...Mitchell was tapped by Bud Selig, the commissioner of baseball, to conduct a thorough review of the sport's cuture of performance-enhancing drugs. Mitchell found, to no one's surprise, that steroid use was endemic; still, the Mitchell Report - which was released in Dec. 2007 and which named 89 players, including superstars Barry Bonds and Roger Clemens, associated with drug use - helped quantify the extent of the problem...

Author: /time Magazine | Title: Middle East Envoy George Mitchell | 1/22/2009 | See Source »

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