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...connection with the bribery scandal, which became public in late 2006 and may reach back to 2000. Siekaczek admitted to overseeing a system in which he diverted company funds into secret bank accounts that were used to pay bribes. The Munich court fined Siekaczek $170,000 and issued a two-year suspended prison sentence. The Munich prosecutor said he hoped Siekaczek's lenient sentence, offered in exchange for a full confession, would encourage many of the 300 additional suspects under investigation in the case to come clean...

Author: /time Magazine | Title: Siemens Sues Its Own Managers | 7/30/2008 | See Source »

...study, led by John Jakicic at the Physical Activity and Weight Management Research Center at the University of Pittsburgh, followed nearly 200 overweight or obese women ages 21 to 45 through a two-year weight-loss program. The women were given free treadmills to use at home, regular group meetings and telephone pep talks to help keep them on track. Participants were also asked to restrict their food intake to between 1,200 and 1,500 calories per day, and were randomized to one of four physical activity intervention groups based on energy expenditure (either 1,000 calories...

Author: /time Magazine | Title: The Myth of Moderate Exercise | 7/28/2008 | See Source »

...idea of a two-year law program is a response to critics who say the third year of law school is often pointless, since by that stage most law students already have jobs lined up and care more about socializing than getting good grades. Some schools have responded by offering more externships, study-abroad programs and legal clinics to give real-world experience during that third year...

Author: /time Magazine | Title: Fast-Tracking Law School | 7/23/2008 | See Source »

...figure out the kind of legal career they want to pursue. And those who fall behind in classes don't have much time to catch up. "This is not for everybody," says Lisa Kloppenberg, dean of the University of Dayton School of Law, who has overseen the school's two-year program. "It's very intense...

Author: /time Magazine | Title: Fast-Tracking Law School | 7/23/2008 | See Source »

...efficient use of time and money for cash-strapped students or if it will churn out unprepared, inferior litigators with fewer job opportunities. "You want that other year because you will be a better lawyer for the next 50 years with that investment," says Geoffrey Stone, law professor at the University of Chicago. Indeed, the one clear winner in the accelerated approach may turn out to be the school. With its new two-year program, notes Stone, "Northwestern gets more tuition with less teaching...

Author: /time Magazine | Title: Fast-Tracking Law School | 7/23/2008 | See Source »

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