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...last 30 days, Picard has filed six major lawsuits, many against Madoff's largest feeder funds. The combined suits ask for the return of over $10 billion in fraudulent profits. Picard's complaints allege the people running the funds "knew or should have known" Madoff was a fake, simply based on the exorbitant, non-stop returns they received. Suits have been filed against Walter Noel's Fairfield-Greenwich Group, which withdrew $3.2 billion since 1995, Jeffrey Picower's funds, totaling $6.7 billion withdrawn, and against Stanley Chais, whose funds took out over $1 billion since 1995. (See pictures...

Author: /time Magazine | Title: Irving Picard at Center of Post-Madoff Storm | 5/30/2009 | See Source »

...think that was something no one on the team had had before.”Since Leone’s arrival, the Crimson has gone 20-9-6 overall and has earned 10 All-Ivy selections, including its second and third conference Rookies of the Year in a row.After six successful seasons at Arizona State, Leone faced an immediate challenge in taking over a Harvard squad fresh off a 3-13-1 season in which it had been shut out nine times. He focused on the Crimson’s courageous performance in its 2006 regular-season finale against then...

Author: By Dennis J. Zheng, CRIMSON STAFF WRITER | Title: COACH OF THE YEAR: Leone Leads Two-Year Turnaround | 5/30/2009 | See Source »

Most importantly, Lin stepped up when his team needed him the most. He put together a personal highlight reel against then-No. 17 Boston College, accumulating game-highs of 27 points, eight assists, a career-high six steals, and two blocks...

Author: By Dennis J. Zheng, CRIMSON STAFF WRITER | Title: MALE ATHLETE OF THE YEAR RUNNER-UP: Standout Guard Stands Tall | 5/30/2009 | See Source »

Although there is no official organization that keeps track of gambling world records, a number of clubs record significant dice rolls. Before Demauro's, the longest craps roll lasted three hours and six minutes - accomplished at a Las Vegas casino in 1989, with 118 rolls. And according to gambling expert and author of Beat the Craps Out of the Casinos, Frank Scoblete, the highest number of successive dice rolls was 147, thrown by a man operating under the pseudonym the "Captain" in 2005. The average number of dice rolls before sevening out? Eight...

Author: /time Magazine | Title: Holy Craps! How a Gambling Grandma Broke the Record | 5/29/2009 | See Source »

...based International Energy Agency. U.S. oil inventories - the stored surplus - this month reached their highest level since the 1980s. And about 2.6 billion barrels are currently stored in commercial tankers around the world. "There is some risk we will run out of storage space in the next four to six weeks," says Simon Wardell, director of global oil at IHS Global Insight, an energy-forecasting company in London. To oil-rich countries that possibility evokes grim memories of 1998, when the Asian economic crisis sent demand plummeting, driving world oil prices down to $10 a barrel...

Author: /time Magazine | Title: Oil Is Plentiful, Demand Weak. Why Are Gas Prices Going Up? | 5/29/2009 | See Source »

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