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...Though many questions remain, here's what is known about Lewis' involvement in the Merrill deal. In a proxy statement Bank of America sent out to investors seeking approval of its acquisition of Merrill Lynch, the bank said that Merrill would not pay year-end bonuses without Bank of America's consent. But according to the SEC, Bank of America had already agreed to allow Merrill to pay $5.8 billion in bonuses. Telling shareholders that Merrill still had to seek approval, and omitting mention that bonuses had been agreed upon, was, according to the SEC, "materially false and misleading...

Author: /time Magazine | Title: The Rise and Sudden Fall of Bank of America's Ken Lewis | 9/18/2009 | See Source »

birth control pills • antiabortion Floridians seek to criminalize...

Author: /time Magazine | Title: This Preposterous Week! Paul Slansky's News Index | 9/18/2009 | See Source »

...that drew a higher than expected turnout. The organization’s co-chairs pushed for a plan that would shift at least some portion of the group’s decision-making capacity from a select cluster of executive board members to a series of committees that would seek to give more people a say in decision-making. Proposed changes included reducing the number of committee chairs to one from two per committee, creating an outreach committee, and promoting frequent committee meetings where definitive decisions can be made. The organization’s co-chairs, Christian L. Garland...

Author: By Eric P. Newcomer, CRIMSON STAFF WRITER | Title: QSA Debates Restructuring | 9/17/2009 | See Source »

...Unlike the charges by the various human rights groups, the U.N. report could potentially carry legal consequences. It is scheduled to be discussed on Sept. 28 at the U.N. Human Rights Council, where member countries might seek to have the matter taken up by the Security Council - which can, if it chooses, refer the matter to the International Criminal Court at The Hague. Although political factors make such a course of action highly unlikely at the moment, Israel's foreign ministry is taking no chances. It is launching a diplomatic push focused on the veto-wielding five permanent Security Council...

Author: /time Magazine | Title: U.N. War Crimes Allegation Won't Change Israel's Calculations | 9/17/2009 | See Source »

...With the government's tolerance of opposition already at a low point, security forces have moved to shut down the few remaining dissenting voices. The rights of ordinary citizens to come to Beijing to seek redress for wrongs suffered in the provinces - a safety valve that Chinese have exercised for two millenniums - have been circumscribed to the point that trips to the capital by petitioners are virtually banned. Access to the Internet has been tightened to the highest level in memory. Even Twitter and Facebook are now blocked. (Read "Chinese Internet Censorship...

Author: /time Magazine | Title: What Does Beijing Want For Its Birthday? Silence, Please. | 9/17/2009 | See Source »

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