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...concealed my fraud was through the filing of false and misleading certified audit reports and financial statements with the SEC. I knew that these audit reports and financial statements were false and that they would also be sent to clients. These reports, which were prepared here in the Southern District of New York, among things, falsely reflected my firm's liabilities as a result of my intentional failure to purchase securities on behalf of my advisory clients...

Author: /time Magazine | Title: Bernard Madoff's Full Statement to U.S. District Court | 3/12/2009 | See Source »

...criminal ends up, based on a formula and any special security needs. One possible spot is a medium-security facility in Otisville, N.Y. Often referred to as Club Fed, the prison is located 70 miles northwest of New York City and generally handles white-collar criminals from the Southern New York Judicial District...

Author: /time Magazine | Title: No Deal for Madoff, As Victims Prepare to Face Him in Court | 3/11/2009 | See Source »

Today it was the turn of Winnenden (pop. 27,600), a pretty town some 12 miles (20 km) outside Stuttgart in southern Germany. At 9:30 in the morning, Tim Kretschmer, a 17-year-old former student of Albertville Realschule entered the school's plain, white flat-roofed building wielding a 9mm Beretta and, as a police spokesman described it, "simply opened fire". On his rampage through classrooms and corridors, the youngster, clad in black combat gear and reportedly wearing a mask, killed nine pupils, all of them aged 14 or 15, and three women teachers, and injured seven others...

Author: /time Magazine | Title: Germany Reels from Deadly School Shooting | 3/11/2009 | See Source »

...secret to Warren's success isn't a mystery. The Southern Baptist has built his Purpose Driven empire with hard work, a knack for inspirational and anodyne messages and, until recently, an ability to publicly distance himself from the kind of controversial politics that have defined other Evangelical leaders, like James Dobson and Pat Robertson. He built Saddleback Church in Southern California from nothing into a congregation of 22,000 members. His first book, The Purpose Driven Life, is the best-selling hardcover in U.S. history, according to Publishers Weekly. And he was the religious leader both presidential candidates trusted...

Author: /time Magazine | Title: Rick Warren's Magazine: A Publishing Leap of Faith | 3/10/2009 | See Source »

...roots stretching back to the first wave of migrants - about 80,000 of them - who followed the Dalai Lama to India in 1959. Many of them were unschooled, unskilled nomads who found only low-wage jobs in road construction. A few thousand were allotted uninhabited jungle land in southern and northeastern India and given training to become farmers. Later, some received subsidies to help market traditional handicrafts. But the vast majority of migrants settled in Dharamsala along with the Dalai Lama. The local economy was unable to absorb them. A mere lucky few found odd jobs or set up business...

Author: /time Magazine | Title: Tibetan Exiles: A Generation in Peril | 3/10/2009 | See Source »

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