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After months of behind-the-scenes wrangling that threatened to strain relations between Switzerland and the U.S., the fate of secret Swiss bank accounts reportedly holding billions of dollars in undeclared assets is finally resolved...
...hefty fine, there is a determination to restore investor confidence. "We will comply with every law in every country where we operate," spokesman Serge Steiner told TIME. "And we are committed to winning back clients' trust by being profitable and providing excellent service." (Read "The Scandal of Secret Swiss Bank Accounts...
...Corporation’s seven members serve lifelong terms, and when any one of them chooses to retire, the group appoints the successor. The Corporation’s meeting agendas and minutes are also kept secret. The group is composed of President Faust, two professors (at Georgetown and Princeton), the head of an economic policy research institute, a couple of business leaders, and the former director of Citigroup, Robert Rubin. Some alumni might think they’re electing representatives when they vote for members of the Board of Overseers every year, but in reality, that governing board usually just...
...people intent on defending their Second Amendment rights are unlikely to heed that particular piece of commonsense advice, Petro concedes. In response, he believes that the Secret Service should expand the perimeter around the President to keep protesters perhaps 500 yards - more than a quarter-mile - away from him (current perimeter guidelines are secret and vary by event). Extending the perimeter, he suggests, makes more sense than handcuffing those with guns. "If the Secret Service started arresting these people," he says, "they'd have battles on their hands...
Nader Nadery, director of the Afghan Independent Human Rights Commission, is skeptical. "On the surface, people say they will obey the warlords out of fear" in areas where rule of law is lacking, he says. "But when they know that ballots are secret, they will vote how they want to choose." Opinion polls show that 80% of Afghans have an independent voting attitude, he says, but laments the fact that "some leaders are stuck in the old ways of doing politics." (Check out a story about the warlords of Afghanistan...