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...complaint charges Merkin with violations of New York's Martin Act, for fraudulent conduct in connection with the sale of securities, and New York's Not-For-Profit Corporation Law. In the suit, Cuomo is seeking payment of damages and disgorgement of all fees by Merkin, restitution, and other equitable relief...

Author: /time Magazine | Title: Madoff Feeder Merkin Charged by Cuomo | 4/6/2009 | See Source »

...This result offers an important lesson for online retailers. Even haptical illusions can have powerful effects on purchasing decisions. If a site displays a set of towels and asks shoppers to picture holding those bright, fluffy towels in their hands, it could improve its shot at notching a sale...

Author: /time Magazine | Title: Want to Save Some Money? Shop Without Touching | 4/3/2009 | See Source »

...Whif. The group’s whimsical story was immortalized in a manga comic, Whiff. Finally, a year after its unveiling, Le Whif is ready to hit stores. It will be available in four flavors—mango, raspberry, mint, and original—and will go on sale in Paris starting April 7 at both Le Laboratoire and Colette, a trendy shop in the 1. This product of divine inspiration, surreal no longer, will go on a world tour later this year.—Staff writer Rebecca A. Cooper can be reached at cooper3@fas.harvard.edu...

Author: By Rebecca A. Cooper, CRIMSON STAFF WRITER | Title: Chocolate Lovers: Get A Whiff of This | 4/3/2009 | See Source »

...smart as Larry Summers. We procrastinate. Our impulsive ids overwhelm our logical superegos. We plan to lose weight, but ooh - a cupcake! We're especially irrational about money; we'll pay more for the same thing if we can use a credit card, if we think it's on sale, if it's marketed with photos of attractive women. No wonder we apply for mortgages we can't afford. No wonder our bankers approve them...

Author: /time Magazine | Title: How Obama Is Using the Science of Change | 4/2/2009 | See Source »

...decision to cut off U.S. food aid has angered some officers, sources say. A chunk of that aid was diverted by the military for sale in private markets, which have become increasingly important in feeding the population. So halting aid not only risks another humanitarian disaster in the North - Kim presided over a famine that killed nearly a million North Koreans in the 1990s - but also reduces corrupt officers' incomes...

Author: /time Magazine | Title: What's in Store for North Korea After Kim | 4/2/2009 | See Source »

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