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...many legal experts see suits against the SEC as a steep uphill battle because government entities enjoy sovereign immunity. "To sue the government is a very tough proposition," says Dan Reinberg, a partner at Polsinelli Shughart PC. He adds that government entities have sovereign immunity for good reason. "The regulators are there to do a job that the public has asked them to do, and if they can be sued for negligence or mismanagement in their official function, then who's going to want to be a regulator?" he asks...

Author: /time Magazine | Title: After Its Madoff Report, Can Victims Sue the SEC? | 9/3/2009 | See Source »

...aides hefty raises while urging a rise in property taxes, as the mayor of Miami-Dade County recently did. Or jacking up already exorbitant hurricane-insurance premiums, as Florida's government-run property insurer just did. Or sending an army of highly paid lobbyists to push for a steep hike in electricity rates, as South Florida's public utility is doing...

Author: /time Magazine | Title: Behind Florida's Exodus: Rising Taxes, Political Ineptitude | 9/2/2009 | See Source »

...recent months, the steep escalation in targeted and random killings has turned Kandahar, the largest city in the south, into a cauldron of violence. A drive through the dusty streets is a chronicle of Afghanistan's never-ending war. Buildings across the city are scarred by shrapnel and pocked with bullet holes. Concrete roads are riddled with gaping holes in the ground where improvised explosive devices (IEDs) have been laid. And blackened divots are visible where suicide bombers - or 'human IEDs,' in colloquial parlance - blew themselves up. The streets of Kandahar, once a thriving business hub, go empty at sundown...

Author: /time Magazine | Title: After the Bombing: Feeling Vulnerable in Kandahar | 9/2/2009 | See Source »

...third term two years ago, Uribe probably didn't expect to run out of time, but he appears to have miscalculated his support in Congress. Many lawmakers loyally back the president's policies, especially his national security program which has driven back Marxist guerrillas and led to a steep drop in homicides and kidnappings. But some fear that another four-year term would put too much power in the hands of Uribe, turning him into a right-wing version of Hugo Chávez. Others, like Senator German Vargas Lleras who is the grandson of a former president, want...

Author: /time Magazine | Title: Colombia: A Snag in Uribe's Re-Election Steamroller | 9/2/2009 | See Source »

...achievements had been stunning. Uribe's U.S.-backed military pounded Marxist guerrillas while his peace envoys convinced 30,000 right-wing paramilitaries to disarm - the two feats leading to a steep reduction in kidnappings and homicides and making Uribe the most popular Colombian leader in decades. But if the war is being won, why then are so many terrified Colombians abandoning their farms in the hinterlands and crowding into the cities...

Author: /time Magazine | Title: If Colombia Is Winning Its War, Why the Fleeing? | 9/1/2009 | See Source »

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