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...Enron's onetime CEO Jeffrey Skilling and chief accounting officer Richard Causey--Lay wasn't charged with insider trading by the Justice Department (although last week the Securities and Exchange Commission did so in a separate, $90 million suit in civil court, where the standard of proof is less stringent). Instead, the bulk of the charges against Lay allege that he helped keep the deceit alive after he resumed his role as CEO in August 2001, when Skilling abruptly resigned. The remaining charges deal with an obscure bank-fraud rule involving Lay's personal-loan applications. "I have...

Author: /time Magazine | Title: The Case Against Ken Lay | 7/19/2004 | See Source »

...that has to do with the introduction of the PG-13 rating [in 1984] and now a lot of movies that used to get an R rating get PG-13,” he said. “Ratings are incredibly skewed toward sexual content and a lot less stringent toward violent content, which I don’t agree with...

Author: By Andrew C. Esensten, CRIMSON STAFF WRITER | Title: HSPH Finds Movies More Violent | 7/16/2004 | See Source »

...public companies - including many European ones - report their numbers. New provisions of the law continue to kick in, which might explain some curiously timed events. (Does the outgoing CFO of Linux peddler Red Hat really want to spend more time with his family?) Partly because of the stringent law, fewer foreign firms are listing shares in New York . New international listings have fallen by half since 2001 and may halve again this year. Indeed, the London Stock Exchange is using rising U.S. compliance costs as a marketing tool. John Thain, CEO of the New York Stock Exchange, allows that reforms...

Author: /time Magazine | Title: Biz Watch | 6/20/2004 | See Source »

Hood argues that the criteria for removing people from the rolls are more stringent than they were in 2000 and that supervisors are now required by law to inform those named. "New safeguards assure that error rates will be kept to a minimum," Hood's spokeswoman says. But critics say the state is using the same flawed database that misidentified so many voters in 2000 and has done little to improve its accuracy. Hood staunchly denies that politics is at play, but her critics point out that almost a third of those listed reside in the heavily Democratic South Florida...

Author: /time Magazine | Title: Deja Vu At The Florida Polls? | 6/14/2004 | See Source »

Threatening to break away from the ECAC as a result of what the Big 10 labeled “unacceptable” television policies, the two western conferences countered with a less stringent regional broadcast policy—with eight weekends devoted to national coverage, five to regional action—that freed schools to air games in high demand on a local level without violating NCAA regulations...

Author: By Timothy J. Mcginn, CRIMSON STAFF WRITER | Title: Ivy Considers Leaving NCAA | 6/7/2004 | See Source »

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