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Most Ponzis Addelman sees are unregistered funds, so it's often "too late for us to stop the major damage." In the new SEC case against Ossie, however, "this was ongoing and he was still getting money from investors," she says. "We had to move fast to shut it down." (See pictures of the top 10 scared traders...

Author: /time Magazine | Title: Beyond Madoff, Ponzi Schemes Proliferate | 1/23/2009 | See Source »

...fruition and there would be no yield. Others would grow more slowly and produce a small yield. In addition there would be less precipitation and it would be darker, also damaging yield. You compound that with [the shutdown of] the current global network of food trading - countries would likely stop shipping food and focus on feeding their own populations - and it's a big crisis. We don't have the resources to do detailed analyses on the impacts of crops in different farming regimes but this suggests it could be a very serious problem...

Author: /time Magazine | Title: Regional Nuclear War and the Environment | 1/22/2009 | See Source »

...West. It is a shame that the book is let down by a plethora spelling errors and inconsistencies, the lack of endnotes and bibliography, and numerous mistakes in the English transliteration of Urdu and Punjabi words. But then balti itself is something of a hash, and that doesn't stop it from being rather moreish...

Author: /time Magazine | Title: Food for Thought | 1/22/2009 | See Source »

...come together to preserve tradition and create a spectacle of Christmas cheer. The show ties together 33 theatrical, song, and dance numbers celebrating Christmas Eve, Christmas Day, and the Winter Solstice with a common plot line: the townspeople must use their acts to convince the village pastor to stop meddling with tradition. For anyone with Scroogelike tendencies, this show will be sure to dispel all negative thinking. “Revels” is bursting at the seams with Yuletide spirit, transporting the audience back to simpler times in the quaint English countryside. The balcony of Sanders Theatre is adorned...

Author: By Li S. Zhou, CRIMSON STAFF WRITER | Title: 'Revels' Indulges Christmas Custom | 1/22/2009 | See Source »

Park was arrested on Jan. 10 for a Dec. 29 posting in which he accused bureaucrats of ordering banks to stop buying dollars while the won was falling during last December's global economic crisis. The official news agency Yonhap reported that Park was also arrested for a July 2008 posting that said the Finance Ministry had suspended all foreign currency exchanges. Park's lawyer, Park Chan Jong, says prosecutors are alleging that the posting destabilized the foreign currency market to such an extent that an additional $2.2 billion injection was needed the next day to calm the market...

Author: /time Magazine | Title: Seoul Cracks Down on an Internet Financial Guru | 1/22/2009 | See Source »

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