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...names, and offshore and numbered accounts that dealt directly with his investment company, Bernard L. Madoff Investment Securities LLC. And he'll begrudgingly concede the $7 million Park Avenue pad, the Palm Beach digs, the yachts, the French villa and the Montauk getaway. But no one believes he'll tell authorities where all the booty is stashed - not a chance, unless it saves him from walking the plank. It's the equivalent of the British government asking the infamous pirate Captain Kidd if he wouldn't mind handing over some of his treasure maps, pretty please...

Author: /time Magazine | Title: Where Has Bernie Madoff Buried His Loot? | 1/7/2009 | See Source »

...study seems to imply that the oversharing of risky behavior is the problem, not the behavior itself. Moreover, the study's authors second-guess their own research by noting, and rightly so, that many teens - or anyone who maintains a social-networking account for that matter - don't always tell the truth when protected by a digital barrier. Perhaps more time should be devoted to studying the factors that inspire such behavior, rather than the various ways teens fess up to it - be it online...

Author: /time Magazine | Title: Teens Behaving Badly? | 1/7/2009 | See Source »

...young woman, I cannot tell you how she has influenced the generations after her,” Dana R. Carney, a former post-doctoral student of Banaji’s, wrote in an e-mail. “She is like the Madonna of our field: masculine, feminine, fierce, warm, irreverent, creative, inspiring.” Carney is now an assistant professor at Columbia University’s Graduate School of Business. She says she still remembers listening to Banaji’s “mesmerizing” speech as a first year graduate student, five years before...

Author: By Weiqi Zhang, CRIMSON STAFF WRITER | Title: A Chance Road to Harvard | 1/7/2009 | See Source »

...state budget woes. And some of those recent scary national headlines - "U.S. Loses 533,000 Jobs in Biggest Drop Since 1974," "Recession Propels Skid in Housing Sales, Prices," "Retail Sales Are Weakest in 35 Years," "In Need of Cash, More Companies Cut 401(k) Match" - are translating into tangible, tell-tale signs on the street where I live. (See Obama's agenda for getting the U.S. back on track...

Author: /time Magazine | Title: Hard Times: From Wall Street to Elm Street | 1/7/2009 | See Source »

...have the same effect as the peak in 1995 - when the exchange rate reached 79.75 yen to the dollar - Japan's currency would have to soar to 48 to the dollar, he says. "If we think about the inflation-rate differentials, the yen is not that strong right now." Tell that to Toyota...

Author: /time Magazine | Title: Why the Yen Is Killing Japan Inc. | 1/7/2009 | See Source »

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