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...report says that Teodoro Nguema Obiang Mangue, the son of Equatorial Guinea's president, relied on American lawyers, bankers and real estate agents to bring a total of $110 million in suspected dirty money into the U.S. via a complex system of shell accounts. The report also described how Omar Bongo, who ruled Gabon for nearly 42 years until his death last June, transferred $18 million into a U.S. account with the help of an American lobbyist. Similarly, the ex-wife of former Nigerian Vice President Atiku Abubakar is alleged to have helped shift $40 million into U.S. banks...

Author: /time Magazine | Title: How U.S. Legal Loopholes Are Aiding Money Launderers | 2/15/2010 | See Source »

Earlier this week, The New York Times reported on the remarkably high incidence of cheating among computer science students at Stanford. While only representing 7 percent of total course enrollment, computer science courses account for 22 percent of the total honor-code violations (read: Ad Board cases) among our California counterparts. Is this just a reflection of our Palo Alto pals' lack of interest in churning out computer code during their perpetual summer? Or could code-copying be a more widespread issue that may plague other computer science departments including (gasp!) our very...

Author: By George T. Fournier, CONTRIBUTING WRITER | Title: CS: "Computer Science" or "Cheating Students"? | 2/14/2010 | See Source »

Until this week's PPP poll, Texas political observers expected Medina only to be a factor that would force a runoff between Perry and Hutchison. (To win outright, a candidate must garner more than 50% of the total vote.) According to Murray, Medina afforded voters an instrument to vent with a protest vote; they would then make their choice between Perry and Hutchison in a runoff. But it now appears Medina may be cutting into Hutchison's vote. Some are now speculating about a Perry-Medina runoff...

Author: /time Magazine | Title: The Texas GOP Governor's Race: Three's a Crowd | 2/11/2010 | See Source »

...local conservation community also sees the world park as a straight-up tourism initiative backed by foreign researchers out of touch with local values. Though there are state governments, Micronesia's limited land - all 607 small islands comprise only 271 square miles in total - is mostly controlled by family clans, and setting even small patches of it aside has proved problematic in the past. In the early 1990s, the U.S.-based Nature Conservancy tried to survey land in Pohnpei for a proposed watershed-management plan. "We almost got macheted to death," says Bill Raynor, who moved to Pohnpei from California...

Author: /time Magazine | Title: Will Micronesia Be the First Nationwide Park? | 2/10/2010 | See Source »

...accept pay and benefit cuts quietly. Thousands of public sector workers and their supporters took to the drizzly streets of Athens on Wednesday to protest the government's proposed austerity measures, which include a 10% cut on bonuses, which make up a large percentage of many state employees' total wages, and increases in the retirement age for women. A strike organized by Greece's largest public workers' union, ADEDY, also caused schools and government offices to shut and planes to be grounded. "They cannot shift the cost of their mistakes to the working people," said Ilias Vrettakos, vice president...

Author: /time Magazine | Title: Europe Talks Bailout Plan For Greece — and the Euro | 2/10/2010 | See Source »

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