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...crime the accountants stand accused of is peddling iffy tax shelters, arcane financial deals that shield income from the IRS. Shelters are O.K. if they serve a true business purpose, and the KPMG gang insisted that its did. Yet over the past four years, the accountants have taken a prosecutorial beating. A Senate subcommittee publicly grilled them. The Justice Department suggested they blab without their lawyers present. KPMG, bending to government pressure, stopped covering its employees' crushing legal bills. And all this happened before any court ruled the tax shelters improper...

Author: /time Magazine | Title: Law: Accounting for Crime | 3/8/2007 | See Source »

...disgusted by the new Zeitgeist and gimcracks. "I delight to come to my bearings," he writes in Walden, which he began in the late '40s, "not walk in procession with pomp and parade, in a conspicuous place ... not to live in this restless, nervous, bustling, trivial Nineteenth Century, but stand or sit thoughtfully while it goes by. What are men celebrating?" They were celebrating, more or less, the awesome arrival of modernity, thrilled, as well as frightened, by the shock of the new. Here, now, more than 150 years later, in this restless, nervous, bustling, trivial 21st century, some...

Author: /time Magazine | Title: 1848: When America Came of Age | 3/8/2007 | See Source »

...better option, according to Ury, is to serve your no sandwiched between two yeses. It will go down more easily and preserve your relationship yet still allow you to take a stand. Say you're a dutiful son who works in the family business and always covers weekend shifts--kind of a drag if you have a wife and kids at home. When you go to talk to Dad, start by saying yes to your own interests (my family needs me), then move on to your no (I can't work weekends anymore) and finish up by saying...

Author: /time Magazine | Title: Why Almost Everyone Has Trouble Saying No | 3/8/2007 | See Source »

...National Team training program, which he had found while leafing through an old magazine. The brothers’ summer fitness regimen included weight training, running drills, and zooming around obstacle courses at the local YMCA. Chairs, boxes—nothing was so ordinary it couldn’t stand in for a defender. Andre’ drilled with his father for two and three hours at a time...

Author: By Alex Mcphillips, CRIMSON STAFF WRITER | Title: Frosh Eyes Next Goal | 3/7/2007 | See Source »

...June 5, Libby will be sentenced by Judge Reggie Walton. While Libby could face up to three years in federal prison, the judge has discretion over the sentence, and Libby's lack of a previous criminal record will stand him in some favor. Before the sentencing, Libby's lawyers will argue for a new trial, though that is something Walton is unlikely to grant. Libby's lawyers next move would be to ask Walton to postpone the sentencing until an appeal can be heard. Such an appeal could be considered and ruled on in as little as six months, according...

Author: /time Magazine | Title: Will Bush Pardon Libby? | 3/7/2007 | See Source »

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