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...didn't already feel like a financial ingenue in the wake of last year's Wall Street meltdown and Bernie Madoff's massive Ponzi scheme, maybe the government's latest insider-trading case will help put you over the top. Federal prosecutors have charged six people with conspiracy and securities fraud in a series of insider trades that allegedly netted more than $25 million in illegal profits. The defendants include higher-ups at two hedge funds as well as executives at Intel, IBM and the consulting firm McKinsey. Rajaratnam was arrested with the others on Oct. 16, but he promptly...

Author: /time Magazine | Title: Arrests Open a Window on Hedge-Fund Culture | 10/21/2009 | See Source »

...case is sending ripples throughout the world of hedge funds, a stratum of high finance that has thus far been largely untouched by the post-meltdown regulatory scrutiny and populist outrage directed at mainstream banks. "This case should be a wake-up call for Wall Street," U.S. Attorney Preet Bharara said in announcing the charges. Indeed. While many hedge funds wouldn't know what to do with inside information if they tripped over it - the strategy at quantitatively oriented shops often fixates on building better computer models - plenty of others ply their trade by working the phones and calling...

Author: /time Magazine | Title: Arrests Open a Window on Hedge-Fund Culture | 10/21/2009 | See Source »

...Some professors are extremely warm and fuzzy,” said Jess Bravin ’87, Supreme Court correspondent for the Wall Street Journal and former Crimson editor. β€œHe was a sardonic, somewhat irascible character ... [but] very accessible, and quite concerned with students...

Author: By Xi Yu, CONTRIBUTING WRITER | Title: Law Professor, Alum Dead at 73 | 10/21/2009 | See Source »

...case centers on the overprotective mother and grandparents of a 12-year-old boy known only as Luca in the northern city of Ferrara. Prosecutors say the three built a wall of protection so high around the boy, it stunted his development. The boy's mother and grandfather have already been convicted of child abuse and are appealing the verdict. The grandmother appeared before a criminal tribunal earlier this month to face a similar charge. All three defendants have denied any wrongdoing, and the child has remained in the mother's custody while the case is being adjudicated. (Read "Custody...

Author: /time Magazine | Title: In Italy, a Mamma Accused of Doting Too Much | 10/21/2009 | See Source »

Next, think about framing. Sitting flush with a plain white wall will make you look like you're in a police lineup, so angle your knees to the corner of your computer screen, and then turn your head slightly back to look at the camera. Sit tall in your chair, but not too close to the camera: the first three buttons of your shirt should be visible, or else you risk looking like a floating head, counsels Priscilla Shanks, a coach for broadcast journalists and public speakers. Most important, do a dry run with a friend to check your color...

Author: /time Magazine | Title: How Skype Is Changing the Job Interview | 10/20/2009 | See Source »

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