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...claimed God would double the money of pious investors. (Dominelli pleaded guilty and was sentenced to 20 years in prison, while Payne was convicted and sentenced to 27.) The spate of incidents wasn't limited to the U.S., either. When communism crumbled in Eastern Europe, one of the earliest side effects of free-market capitalism was the proliferation of people looking to get rich quick. In Albania, under Communism the poorest nation in Europe, citizens sank some $1.2 billion dollars into pyramid schemes in 1996. When they collapsed the following year, investor outrage brought down the government...

Author: /time Magazine | Title: Ponzi Schemes | 12/15/2008 | See Source »

...first glance, this initiative, which initially passed in March 2008, may seem a little ridiculous. Indeed, it was accepted amidst much controversy; a group of conservative politicians forced a national referendum to try and defeat the program. On our side of the pond, the United States government has criticized the program for supposedly enabling drug abuse. The many successes of this fourteen year-old program, however, have demonstrated that the Swiss policy might actually be a good idea...

Author: By Ayse Baybars | Title: A Real War on Drugs | 12/15/2008 | See Source »

...countries in which she would spend a semester each. “I really wanted to build my study abroad experience around traveling,” she says. To achieve her goal, Campbell visited 12 countries on three continents over the course of the year. Between her side trip to Morocco and her adventure skydiving in Switzerland, however, Campbell was getting credit towards her sociology concentration and for electives. “On the academic front, that stuff is all stuff you can work out,” she says. Like Peisker, Campbell received credit for one core requirement...

Author: By Noah S. Rayman, CRIMSON STAFF WRITER | Title: Broadening Horizons, Abroad | 12/15/2008 | See Source »

...Having been on the opposite side of the table from her on the Everglades issue, I can tell you she is a formidable opponent." - Andy Rackley, then vice president and general manager of the Florida Sugar Cane League, the industry's principal state trade group. (New York Times...

Author: /time Magazine | Title: Energy Czar: Carol Browner | 12/15/2008 | See Source »

...Looney held the fifth, sixth, and seventh spots, respectively, all finishing within a minute of each other. Sophomore Meredith MacGregor finished 12th. “The girls performed extremely well, especially for early on in the season,” Saretsky said. On the men’s side, freshman John Dingus has already begun to make a name for himself in his brief collegiate career, claiming first place in his first collegiate 500-meter dash by over a full second with a time of 1:05.18. The win earned him an IC4A-qualification. Sophomore John Fahnenstiel and freshman Chuma...

Author: By Ricky Liu, CONTRIBUTING WRITER | Title: Seniors Lead Hot Start | 12/14/2008 | See Source »

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