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...Mehta argued that “some freshman are paying for something they can’t even legally participate in.” Mehta said that he has also raised concerns about the possible damage to MIT’s reputation. “Especially because Duke lacrosse scandal happened [last spring],” he said. “I pointed out that this wasn’t exactly the best publicity that MIT would want.” MIT junior Lawrence F. Bronk, one of SEX-C’s creators, told MIT’s student...

Author: By Nina L. Vizcarrondo, CRIMSON STAFF WRITER | Title: MIT Fights Stress, Funds Strippers | 9/21/2006 | See Source »

...India's "cash-for-fatwas" scandal broke out last weekend when a TV channel broadcast a sting operation that showed several Indian Muslim clerics allegedly taking, or demanding, bribes in return for issuing fatwas, or religious edicts. The bribes, some of which were as low as $60, were offered by undercover reporters wearing hidden cameras over a period of six weeks. In return for the cash, the clerics appear to hand out fatwas written in Urdu, the language used by many Muslims in Pakistan and India, on subjects requested by the reporters. Among the decrees issued by the fatwas: that...

Author: /time Magazine | Title: India's Cash-for-Fatwa Scandal | 9/21/2006 | See Source »

...Leveraging the Lobbyist Scandal For a congressional candidate, a presidential visit during campaign season is a sought-after opportunity...

Author: /time Magazine | Title: A Guide to the Terrorism Bills | 9/18/2006 | See Source »

There have, however, been a couple of notable nonstarters. The London Futures and Options Exchange halted its property futures in 1991 four months into trading, after a scandal erupted over dummy trades. In 1993 the Chicago Board of Trade, with help from Shiller and Case, readied its own foray but then pulled the plug prelaunch. The nature of houses is an impediment, says Craig Pirrong, professor of finance at the University of Houston, because speculators crave volatility and home prices change slowly--and even within one city, there can be vast differences in values...

Author: /time Magazine | Title: Global Investing: A New Hedge For Your House | 9/17/2006 | See Source »

...first time Graham has put the Bush Administration on the spot. When the Abu Ghraib prison scandal broke most inconveniently in a presidential election year, he demanded accountability up the chain of command. "What are we fighting for?" the Senator asked at a hearing. "To be like Saddam Hussein?" On Bush's biggest domestic initiative, Graham supported the President's idea to add individual savings accounts to Social Security but also suggested a heretical payroll-tax increase to finance them. He infuriated the right last year by joining the bipartisan, largely moderate "Gang of 14" that blocked a change...

Author: /time Magazine | Title: The Republican Leading the Rebellion Against Bush | 9/17/2006 | See Source »

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