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...have reported that Portillo's alleged take was approximately $70 million. Aside from the Taiwanese funds, he's also accused of embezzling about $4 million from Guatemala's Defense Ministry. He allegedly laundered the money through accounts in Guatemala and through U.S. and European banks. It was a financial shell game that involved overdrafts so massive, say authorities, that two Guatemalan banks are now insolvent and the country's only state-run mortgage bank is teetering on collapse. (See a profile of U.S. prosecutor Preet Bharara...

Author: /time Magazine | Title: Ex-Guatemala President to Be Tried in U.S. | 3/18/2010 | See Source »

...Richter] really came out of his shell and carried the team on his back,” Biega said. “Unfortunately the result wasn’t there, but he made some very key saves that prevented them from scoring several times...

Author: By Lucy D. Chen, CRIMSON STAFF WRITER | Title: Men's Hockey Blanked by Cornell, Season Over | 3/17/2010 | See Source »

...undergraduate, and in the introductory music classes he would play examples of the pieces being taught. Vietnam was over, but lighter protests died hard: hot breakfast was gone due to budget cuts, but the so-called Egg Shell Alliance marched in the Yard and won it back...

Author: By Mark J. Chiusano, CRIMSON STAFF WRITER | Title: Harvard That They Knew | 3/11/2010 | See Source »

...farms in Greece, Turkey and Wales, Greece's woes are an "opportunity to consolidate and buy up companies with liquidity problems." Constantine Petropoulos, chairman of Petros Petropoulos, a $158 million firm that sells cars, automotive supplies and industrial equipment, has already diversified his business, inking a deal to distribute Shell lubricants in Greece and Cyprus, a move he figures will keep revenues flat and prevent them from deteriorating. He plans to beef up his portfolio further. "We will acquire businesses that we wouldn't have ever been able to consider in better times," he says. "We will come...

Author: /time Magazine | Title: Greece's Math Problem | 3/8/2010 | See Source »

...fledged comeback may be slim, considering the transgressions that led him to resign as governor in 2008. After becoming chief executive of New York and swearing to enforce its laws, Spitzer was found to be a perpetrator, a patron of an illegal prostitution ring who was wiring money to shell corporations to pay for his habit. It was hypocrisy on a scale that was hard to fathom, as if Eliot Ness had been busted for peddling gin from his apartment. (See the top 10 political sex scandals...

Author: /time Magazine | Title: Eliot Spitzer's Mission Impossible | 3/4/2010 | See Source »

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