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...plan unraveled within two months. Only two units were "sold," prosecutors say, and a bank wire transfer of $690,000 to an account held by Rivera led to the arrests. The bogus sale price of the homes may have been the giveaway. "Generally, where there's been the fastest price appreciation is where we've seen the greatest incidents of mortgage fraud," says John Mechem, spokesman for the Mortgage Bankers Association...

Author: /time Magazine | Title: Inside a Florida Mortgage Scam | 6/25/2008 | See Source »

...area along the highway. But Captain Rahman, now convinced he will be killed if he remains in law enforcement, declined the offer. Rahman notes that an Iraqi police general who mentored him and defended him from political pressure was killed by an explosive device last December after resisting a transfer order. "Without the help of coalition forces," Rahman says, "I will be dead soon. If they don't protect me, nobody else...

Author: /time Magazine | Title: The Passion of the Police Chief | 6/23/2008 | See Source »

After the first round of elections in March, you told TIME that the country was entering a new phase, which was about the transfer of power and easing Mugabe out of office. Do you still see it like that? How has the post-election violence changed the game? It still remains the focus. It is the transfer of power. It's a contest for power now; it's no longer about voting in terms of what percentages, et cetera. It still remains, How do we transfer power from a man who believes he has got the divine right to rule...

Author: /time Magazine | Title: Mugabe Foe: The Runoff Must Proceed | 6/13/2008 | See Source »

Dennis Letts, a former college professor turned character actor, appeared in the world-premiere production last year at Chicago's Steppenwolf Theatre. Then, just before it was to transfer to Broadway, he received a diagnosis of stage-four lung cancer. Hard discussions with the creative team followed; he decided to plow ahead with the part. In between chemotherapy sessions, Letts made his Broadway debut in early December, sharing in the rave reviews. Less than three months later, he died. "Dad did eight shows a week until late January," says his son. "Then he went into the hospital for what...

Author: /time Magazine | Title: Tracy Letts: August's Family Guy | 6/12/2008 | See Source »

...declare a state of emergency that would lift some of the environmental restrictions on providing relief to the farmers - although he is pushing the state legislature to approve issuing an $11.9 billion bond for water management investments such as additional reservoirs, water recycling programs and better means of transfer...

Author: /time Magazine | Title: Farmers vs. Fish Amid the California Drought | 6/12/2008 | See Source »

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