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...Thomsen was named, but experts agree that Schapiro needs a tough-as-nails enforcer to help remake the agency's image. The top mention to fill the spot is Robert Khuzami, a former federal prosecutor. He is currently a managing director and general counsel at Deutsche Bank. Khuzami spent 11 years at the U.S. Attorney's office in Manhattan, where he headed the white-collar crime unit, before taking a job at Deutsche Bank in 2002. The SEC declined to comment on a possible replacement for Thomsen; Khuzami's office did not comment either...

Author: /time Magazine | Title: Mary Schapiro Moves Quickly to Shake Up the SEC | 2/11/2009 | See Source »

...disabling condition is bad, but there's a particular terror connected to the kind that destroys the body and leaves an alert mind locked inside. Stephen Hawking has spent much of his life inside just that kind of corporeal prison. The late Jean-Dominique Bauby described his own, similar experiences in the extraordinary memoir The Diving Bell and the Butterfly, a book he wrote one painstaking letter at a time by blinking his eye in alphabetic code...

Author: /time Magazine | Title: Will Mind Reading Help Locked-In Patients? | 2/11/2009 | See Source »

...while it's clear that there will be some big winners from the tidal wave of cash being spent by China's carriers - China Mobile, China Telecom and China Unicom - it remains to be seen which of the mobile-service providers and equipment manufacturers will manage to grab the largest slice of the pie. Another issue that remains very much in the balance is the fate of Beijing's attempt to bolster the country's technological chops by force-feeding the industry a homegrown version of 3G. More broadly, critics say that the long delay in granting 3G licenses - widely...

Author: /time Magazine | Title: Booster Shot | 2/11/2009 | See Source »

...powerful Ministry of Industry and Information Technology. The ministry, which is not exactly known for its reluctance to intervene where it sees the need, won't allow its efforts to nurture a domestic 3G standard to be derailed so easily, the industry executive in Beijing says. "They have spent many years and a lot of money on this. There's no way they'll let their baby get frozen out by foreign competition." China's 3G bonanza might seem like an industry windfall, but those who benefit most will be the ones with the Beijing winds at their backs...

Author: /time Magazine | Title: Booster Shot | 2/11/2009 | See Source »

...Before education became the focus of his career, Duncan’s life centered around basketball. Though Duncan grew up in Hyde Park, he spent much of his childhood on the South Side where he had the chance to play competitive street ball. “Education came later, basketball came first,” says Duncan’s younger brother Owen. “His real great dream was to become a professional basketball player. It was somewhere between devotion and obsession...

Author: By H. max Huber, CRIMSON STAFF WRITER | Title: Arne S. Duncan '86 | 2/11/2009 | See Source »

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