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Because the author was a would-be Madoff whistle-blower, you might expect his anger to be pointed at the Ponzi king. In fact, the unrelenting Markopolos aims it at the Securities and Exchange Commission. For 10 years, the author, a quantitative analyst, tried unsuccessfully to convince the agency that Madoff was a crook. When the latter's racket was revealed in 2008, says Markopolos, "it was exactly as I had warned the government of the United States approximately $55 billion earlier...

Author: /time Magazine | Title: Business Books | 3/8/2010 | See Source »

...former Tibetan monk. In the 1990s reporters looking for a conservative Catholic voice sought out Fr. Richard John Neuhaus, editor of the journal First Things; for a more liberal take they called America's then editor Fr. Thomas Reese. But Neuhaus passed away and Reese (who remains a brilliant analyst) was controversially fired by the Pope. Since then Martin, America's culture editor, has out-outreached them both in their primes. (See people finding God on YouTube...

Author: /time Magazine | Title: Father Martin: The Priest Who Prays for Stephen Colbert | 3/7/2010 | See Source »

...Republika Srpska as a guarantee of their rights in a state dominated by a Muslim majority. But for many Bosniaks and Croats, its very existence is an affront and a reminder of the success of Karadzic's campaign of ethnic cleansing. Reuf Bajrovic, a Sarajevo-based political analyst with links to the Social Democratic Party, the successor to the Communist Party and the closest thing Bosnia has to a multi-ethnic party, warns that Bosniaks and Croats would not accept partition. "The lesson is that ethnic cleansing is a legitimate form of state building," he says. (Read: "Karadzic...

Author: /time Magazine | Title: Bosnia's New Threat: Not Bombs, But a Referendum | 3/6/2010 | See Source »

...sensitive countries. But when stress tested in simulations of widespread tax amnesties, it showed that $25 billion to $35 billion might flee. That sounds huge, but with some $800 billion under management, it's just a couple of quarters of growth, explains Matthew Clark, a Swiss bank-equity analyst with the financial-services firm Keefe, Bruyette & Woods...

Author: /time Magazine | Title: After UBS, Swiss Continue to Fight for Bank Secrecy | 3/5/2010 | See Source »

...Counterterrorism experts say the trial confirmed for the first time the existence of an IJU cell on German soil. "The IJU showed it was determined to plot terrorist attacks in Europe," says Guido Steinberg, an analyst at the German Institute for International and Security Affairs in Berlin. And, according to Steinberg, the number of homegrown extremists has only increased since then. He estimates that in 2009, around 40 jihadists traveled from Germany to terrorist training camps in Pakistan. "The challenge for the German authorities is to reach out to these young men and small Islamist groups as early as possible...

Author: /time Magazine | Title: Germany Convicts Men Who Plotted 'Second 9/11' | 3/4/2010 | See Source »

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