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There is no way investigators will ever find all the Madoff money, the author says. Remember, Enron used some 900 foreign accounts to manage its money. "There just isn't enough manpower to go through all the legal hurdles to track it down," Reich says. The money is there, hidden away, he says, maybe $40 to $80 million, and you can bet some family member...

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

...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 »

Looking back on this year, I do believe that I became a better listener. Though it might be easier to keep track of quantifiable things like pounds lost or books read, I hope that Harvard’s student body will consider adopting a similar New Year’s resolution for 2009. Here, as anywhere, people tend to get caught up in their own beliefs and concerns, something even more problematic outside of the classroom than in. This resolution does not regard academics; I am not pushing that we all listen to our professors more. It is meant instead...

Author: By Marcel E. Moran | Title: Lend Your Ears | 1/6/2009 | See Source »

...nation to combat a single disease in history ... The next phase of the program will support treatment for a total of at least 3 million people, the prevention of 12 million new infections, and care for 12 million people ... [Additionally,] The President's Malaria Initiative is on track to reduce malaria deaths by half in 15 targeted countries across Sub-Saharan Africa...

Author: /time Magazine | Title: The Case for the Bush Presidency | 1/6/2009 | See Source »

...appeared in one of the rings," says Larry Sabato, a political science professor at the University of Virginia. "This is a moment when Democrats had hoped that they could keep the public's focus on their popular new President and the expansive agenda to get the economy back on track. But these human dramas are more interesting to most people...

Author: /time Magazine | Title: Burris Denied His Seat as the Senate Drama Continues | 1/6/2009 | See Source »

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