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...York's Cuomo does have the authority to bring criminal cases involving securities violations under the Martin Act, which gives the attorney general of New York the power to prosecute financial fraud. And it is not unheard of for executives to go to jail for lying on a proxy statement. In the 1970s, in a famous Wall Street fraud case, the chief executive of National Student Marketing was sentenced to 18 months in jail for lying about the finances of a company National Student Marketing was acquiring. Yet Cuomo has typically stuck to bringing civil charges against executives and companies...

Author: /time Magazine | Title: The Rise and Sudden Fall of Bank of America's Ken Lewis | 9/18/2009 | See Source »

Harvard Law School’s biggest donor, who died last week in an apparent suicide, may have owed up to $100 million in back taxes and fines, the New York Times reported this week. Finn M.W. Caspersen, who gave over $30 million to the Law School and tens of millions more to other philanthropic enterprises, may have been implicated in a sweeping federal investigation of offshore bank accounts, said the Times’ anonymous source. In recent months, Swiss banking giant UBS agreed to turn over the names of thousands of its American clients to the Internal Revenue Service...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: Caspersen Taxes May Be Suspect | 9/18/2009 | See Source »

...military as an Arabic and environmental engineering major at West Point, where he received his degree in 2003. Choi later helped found Knights Out, an LGBT support group for West Point graduates. Choi served as an Arabic linguist in Iraq in 2006 and 2007 before transferring to the New York National Guard in June 2008. Harvard Humanist Chaplain Greg M. Epstein said he hoped Harvard students would pay attention to the “selflessness” Choi has shown in standing up not only for himself, but for others who are or will be faced with similar situations, despite...

Author: By Lauren D. Kiel and Margherita Pignatelli, CRIMSON STAFF WRITERSS | Title: Openly Gay Lt. Reflects on Former Service | 9/18/2009 | See Source »

...literary roots. It’s interesting to watch a man of such genius walk back over familiar ground, this time with the beneficial wisdom but the consequential loss of stamina that come when a great writer ages. In his review for the “New York Review of Books,” Michael Wood classed the book as “a shaggy detective story parodied by Thomas Pynchon, or perhaps like a moderately baggy Thomas Pynchon novel parodied by a devotee of the detective story.”“Inherent Vice” lacks...

Author: By Jillian J. Goodman, CRIMSON STAFF WRITER | Title: Pynchon's Noir "Inherently" Minor | 9/18/2009 | See Source »

...Clark grew up in a rented gray house in a working-class Connecticut neighborhood, according to the New York Times...

Author: /time Magazine | Title: Raymond Clark: Annie Le's Alleged Killer | 9/18/2009 | See Source »

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