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...front of the House Financial Services Committee hearing, the former investment manager told how his nine years of repeated warnings to SEC enforcement officials went ignored and how they dismissed his detailed "red flag" reports. Markopolos also told the committee that tomorrow he will be turning over evidence to the SEC of another major Ponzi scheme, a $1 billion "mini-Madoff." It's expected that the SEC will pay closer attention to him this time. (Read "Bernie Madoff's Victims: Why Some Have No Recourse...

Author: /time Magazine | Title: A Madoff Whistle-Blower Tells His Story | 2/4/2009 | See Source »

...Harvard went above and beyond in securing a spot in the Beanpot final. The Crimson offense was particularly in top form in the first round of the tournament. It was fast, fierce and hungry for goals, earning an 8-0 victory over Boston University. “Well certainly it’s nice to see all of our lines clicking and [the] defense play with a lot of confidence, and our goaltender play with a lot of confidence,” Harvard coach Katey Stone said. “It’s a great time to be playing...

Author: By Alexandra E. Zimbler, CONTRIBUTING WRITER | Title: NOTEBOOK: Vaillancourt Sparks Offense in Beanpot Opener | 2/3/2009 | See Source »

...sending the BU fans into a frenzy.Despite pulling its goalie with a minute left, the Crimson could not muster an equalizer to send the game into overtime. Amidst the confusion after Biega’s desperation attempt, the final ruling from a video-replay review declared that the puck went in after time had expired. The Terriers escaped with the win over the underdog, but not without a few scratches.“That’s why the Beanpot’s so special,” Biega said. “You’re guaranteed...

Author: By Dennis J. Zheng, CRIMSON STAFF WRITER | Title: Top Dogs Down Crimson by Goal | 2/3/2009 | See Source »

...mention that it was a serious mistake to send Warren to Algeria, a country that elected an extremist Islamic government and has absolutely no tolerance for rape. By the way, the fact that Warren, who had converted to Islam and is said to speak Arabic fluently, reportedly went to a mosque in Algeria to look for sources was an amateurish ploy that could only have drawn suspicion on him. Since the Justice Department began looking into the allegations late last year, Warren has been called back to Washington, according to ABC News, which broke the story. Neither...

Author: /time Magazine | Title: The CIA Scandals: How Bad a Blow? | 2/3/2009 | See Source »

...center of the capital, Sanaa - a city of 3 million people - where she hailed a taxi and asked to be taken to the courthouse. She had never been inside a courtroom but had once seen one on television, she says, and knew it was a place where people went for help. There she sat silently on a bench, uncertain as to what to do, while crowds of people scurried past, scarcely glancing at the quiet child. It was only once the courthouse emptied during the lunch recess that the judge noticed her and asked why she was there. "I came...

Author: /time Magazine | Title: A 10-Year-Old Divorcée Takes Paris | 2/3/2009 | See Source »

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