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...support of less government regulation led to the collapse of Enron, the Madoff scandal, the housing crisis, the credit crisis, a deteriorating environment, global warming, and other ills. Managed capitalism can be wonderful, but if we allow the greedy to do whatever they want, we will again face sweatshops, 70-hour work weeks for the poor, lower wages, and an even greater economic mess than we currently face...

Author: By Thomas J. Donahue | Title: More of the Same Neocons | 2/24/2009 | See Source »

...time government servant. During his tenure at Interior, Devaney uncovered the shady dealings of disgraced ex-lobbyist Jack Abramoff, an investigation that eventually led to Abramoff's imprisonment and the resignation of Interior's no. 2, J. Steven Griles, for lying under oath about his own role in the scandal. Devaney previously worked as the chief of criminal enforcement at the Environmental Protection Agency, where he was responsible for heading up all the agency's criminal investigations. (See pictures of 25 people to blame for the financial crisis...

Author: /time Magazine | Title: Stimulus Watchdog Earl Devaney | 2/24/2009 | See Source »

...agreed to give Morris Brown another 30 days to come up with the $65,000 balance. Despite the stay of execution, however, the school hasn't yet licked its troubles. Morris Brown has been struggling ever since 2002, when it lost its accreditation in the wake of a financial scandal. Enrollment plummeted from 3,000 to as low as 56, with just 161 students registered this semester. The school faces foreclosure on a building that is home to classrooms and an art gallery. And in a brand-new lawsuit, filed last week, General Electric Capital Corp. is seeking...

Author: /time Magazine | Title: Sparing a Dime to Save a College | 2/24/2009 | See Source »

...never be known how much of the cash meant for the poor has been diverted. One official from Lam Dong Province in central Vietnam was arrested last week, and dozens of others across the country have been demoted or sacked due to the scandal. Hundreds of provincial-level investigations are ongoing...

Author: /time Magazine | Title: Corruption Undermines Vietnam's Stimulus Program | 2/23/2009 | See Source »

...aimed to shock. As Debord wrote; “the element of surprise is essential and will ensure our success.” The falling out between Debord and Gallizio occurred because the latter had ceased to shock his audience. Debord excitedly writes about the possibility of a scandal whenever a new exhibit is being planned. Indeed, SI is cited as an instigator in the fashionable rise of anarchism of the 70s. This behind-the-scenes view of SI captures the irony of birthing a movement with both artistic and political aspirations—the perceived spontaneity of creative drive...

Author: By Susie Y. Kim, CRIMSON STAFF WRITER | Title: 'Correspondence' Reveals Portrait | 2/20/2009 | See Source »

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