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...first real crackdown against the practice came in 1909, when the U.S. Supreme Court ruled that that a director of the Philippine Sugar Estates Development Company committed fraud when he bought stock in his company without sharing information with the seller that soon boosted its value. But it wasn't until after the 1929 stock-market crash that Congress passed laws to limit such trading (although it didn't move to ban it outright) and created the Securities and Exchange Commission to enhance market oversight. As the stock market expanded in the 1960s, the SEC grew more aggressive in fighting...
...Pitt. The Box certainly didn't measure up to recent Diaz openings, even middling ones. But, like Goats, it cost only about $25 million to make. And Warner Bros. didn't exactly lavish big bucks on marketing the movie. The age-old industry parlance applies to The Box: "It wasn't released - it escaped." (Read TIME's Precious review...
...million people turned out to make Admiral George Dewey, hero of the battle of Manila Bay, the first individual honored with a ticker-tape parade. Former President Teddy Roosevelt got one in 1910 upon returning from his African safari. But it wasn't until 1919, when Grover Whalen was made New York City's official greeter, that ticker-tape parades took off: from 1919 to 1953 he reportedly threw 86 of them, many at the urging of the State Department. The luminaries he feted in his early years included Albert Einstein in 1921 - the only scientist ever honored with...
Hasan had spent six years dealing with the mental wreckage of war at the Walter Reed Army Medical Center in Washington and, since July, at Fort Hood's Darnall Army Medical Center. His own susceptibility to mental problems was likely heightened because he was pretty much a loner: he wasn't married or in a relationship. After his parents died a decade ago, he seemed to become more religious. Absent close family, he spent much of his time counseling soldiers whose minds and bodies were scarred in combat. (See pictures of U.S. troops' six years in Iraq...
...default. But it's by no means an unalloyed victory for Karzai. Allegations of fraud in the Aug. 20 vote, coupled with long-standing concerns over corruption in his administration, have undermined his credibility. Abdullah, Karzai's closest challenger, said the election process was so flawed that it wasn't worth participating in. He later said he had no intention of joining a coalition with Karzai, calling his re-election "illegal" and adding that his "government cannot bring legitimacy, cannot fight corruption...