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Liechtenstein also figures in the UBS case. In addition to Birkenfeld, the Department of Justice has charged Mario Staggl, a banker in Liechtenstein, who remains in that country and at work. In his guilty plea, Birkenfeld said he, Staggl and others helped create sham entities in tax havens like Switzerland, Panama, the British Virgin Islands, Hong Kong and Liechtenstein to conceal the fact that U.S. citizens owned accounts. According to an agreement UBS and other banks signed with the U.S. government in 2001, UBS should have insisted its clients file ownership forms with the IRS but in many cases...

Author: /time Magazine | Title: Cracking Down on Tax Evaders | 7/16/2008 | See Source »

...roots in favor of a more nonspecific spirituality. Followers take expensive courses and wear red strings on their wrists to ward off the Evil Eye (a practice not directly linked to traditional Kabbalah study). While some Jewish leaders have criticized the group for turning an ancient tradition into a sham pop spirituality (see its cynical sales of supposedly curative "Kabbalah water"), the center's emphasis on a more personal connection with the Almighty might not necessarily have seemed out of place to its earliest adherents...

Author: /time Magazine | Title: A Brief History Of: Kabbalah | 7/10/2008 | See Source »

...think the situation is still very fragile," said Talal Ahmed Said, a political writer in Baghdad. "It's possible for any explosion to happen at any time." He thinks the Amara campaign is a sham. "They announced [Amara] a week before [it happened], so all members of the [radical cleric Muqtada al-Sadr's] Mahdi Army left. After a month they could come back, and likewise in Mosul and Basra...

Author: /time Magazine | Title: Will the Calm in Baghdad Last? | 6/25/2008 | See Source »

...Movement for Democratic Change (M.D.C.) said, "Conditions as of today do not permit the holding of a credible poll. We can't ask the people to cast their vote on June 27 when that vote will cost their lives. We will no longer participate in this violent sham of an election." Tsvangirai added that Mugabe had "declared war by saying the bullet has replaced the ballot...

Author: /time Magazine | Title: Tsvangirai Pulls Out of Election | 6/22/2008 | See Source »

...supporting players - all the dumbest tropes of horror movies, without the robust scares a good thrill-fest delivers. It's a sorry enough spectacle to make admirers of The Sixth Sense wonder if they didn't overrate that movie, and the director's whole oeuvre? Is Shyamalan a sham...

Author: /time Magazine | Title: Shyamalan's Lost Sense | 6/12/2008 | See Source »

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