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Markopolos, a private-securities fraud investigator, is the man the SEC ignored for nine years. The whistle-blower presented damning evidence against the SEC's handling of the Madoff case in a House Financial Services Committee hearing last week, where he detailed his unsuccessful quest to have the SEC stop Madoff's global Ponzi. Nevertheless, he said, he would deliver fresh evidence on two new cases...

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

...researchers also raised the possibility that sarcosine could be a "therapeutic target" that might one day offer an effective treatment of the disease. In laboratory tests, they found that adding sarcosine to prostate cells caused benign cells to become cancerous and invasive. The researchers hope that drugs that stop sarcosine from working could effectively contain prostate cancer and maybe even have implications for other cancer treatments...

Author: /time Magazine | Title: Can a Urine Test Detect Deadly Prostate Cancer? | 2/11/2009 | See Source »

...inject some economic realism into our foreign policy [Feb. 2]. An America that shows an understanding of its limitations and a fiscal pragmatism in its foreign policy will command far greater respect abroad than one that takes the dogmatic, open-checkbook approach of the Bush Administration. But why stop with Iraq and Afghanistan? Barack Obama should look at the rationale for maintaining forces in Germany, Japan and South Korea. Even among our allies, our presence on their soil makes little sense to many and is not appreciated. Our days as the world's policeman are over, and that...

Author: /time Magazine | Title: A Historic Moment | 2/11/2009 | See Source »

...implacable enemies in the form of Hamas in Gaza and Hizballah in Lebanon, both backed by a soon-to-be-nuclear Iran. This fear was accentuated by Israel's 22-day offensive in Gaza, which inflicted widespread casualties among Palestinian civilians but failed to defeat Hamas or even stop the group from firing rockets into southern Israel. Nor did the assault manage to free a kidnapped Israeli soldier, Gilad Shalit, trapped inside Gaza for over 2 ½ years. "Nothing's changed," griped Roman Greenberg, a heavyweight boxer whose muscles bulged from within a pro-Lieberman T shirt. "And inside Israel...

Author: /time Magazine | Title: Right-Winger Emerges as Israel's Kingmaker | 2/10/2009 | See Source »

...Many in the crowd were willing to echo the President's sentiments. A retired air-force member, 68-year-old Ali Amir-Hosseini, vividly remembered the Ayatullah's return. "We staged a strike and were one of the first brigades to stop collaborating with the Shah's regime," he said, adding, "Back then, we had little pride. We really felt like the stooges of the U.S. Today, we are a proud people. At last we determine our own fate and the bigger powers just don't know how to deal with us." Then he asked a bystander listening in where...

Author: /time Magazine | Title: Iran Celebrates an Earthshaking Anniversary | 2/10/2009 | See Source »

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