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...that he and others knew as far back as the early 1990s that no sales were taking place in Madoff's investment scam. He made the comments while pleading guilty to criminal charges as part of a government cooperation agreement for his role in Madoff's $65 billion Ponzi scheme...

Author: /time Magazine | Title: Madoff Exec Pleads Guilty, Says Insiders Knew of Fraud | 8/11/2009 | See Source »

...original decision to flip the switch. "If I watch TV at home, and then go into another room, I switch the lights off in the lounge," he says. "People shouldn't expect the streetlights to be on when they're not outside." But he's delighted with the new scheme, pointing out that, although the council picks up the electricity bill every time anyone uses Dial4Light (locals pay for the call), it's still cheaper than running the streetlights through the night. "We're cutting electricity bills and we're doing something to help the environment," says Ehlert. "Everyone...

Author: /time Magazine | Title: Germany's Bright Idea | 8/10/2009 | See Source »

After a pilot project last year proved a big hit with the public, Dörentrup council has decided to roll out the scheme for the entire village (pop. 9,000). Utility company Lemgo estimates it will cut Dörentrup's carbon emissions by some 12 tons each year compared with leaving the streetlights on all night. "We found out that on each stretch of road, people only switch on the lights up to three times each night," explains Frank Bräuer, project leader at Lemgo. "That's why this system works in villages or on the outskirts...

Author: /time Magazine | Title: Germany's Bright Idea | 8/10/2009 | See Source »

Lemgo says there are plans to launch the scheme in five other countries, including Norway, Sweden and France, and also says it has received requests for its technology from as far away as Dubai and the U.S. With the recession hitting government budgets everywhere, and growing pressure to reduce carbon emissions, letting residents choose when to light up the night is an idea worth switching...

Author: /time Magazine | Title: Germany's Bright Idea | 8/10/2009 | See Source »

STEP ONE Register your phone on the scheme's website...

Author: /time Magazine | Title: Germany's Bright Idea | 8/10/2009 | See Source »

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