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...Government's quarterly estimates of economic growth for personal gain, while the third passed along the information for an outsider's gain. It was the first time ever for such punitive action. Said Baldrige: ''We have a duty to maintain credibility and integrity.'' The firings came after an eight-month investigation following charges that the GNP estimates, which sharply affected the performance of U.S. financial markets on the day of their release, were leaked to Wall Street traders twice last year. The results of the inquest were severely disquieting. At least 60 bureau workers--well beyond the authorized limit--knew...

Author: /time Magazine | Title: BUSINESS NOTES GOVERNMENT GNP RISES-- AND BITES TRIO | 7/21/2008 | See Source »

CONVICTED. Carmine Persico, 52, reputed boss of New York City's Colombo crime organization; on charges of racketeering, extortion and bribery; after an eight-month trial; in New York City. Persico faces up to 20 years on each of two racketeering counts. Earlier in the week, 15 alleged associates pleaded guilty to various charges at another trial in New York City, a double play that led prosecutors to claim a major blow against the Mafia...

Author: /time Magazine | Title: Carmine Persico | 7/21/2008 | See Source »

Dean of the Faculty of Arts and Sciences (FAS) Michael D. Smith formally announced the appointment of science historian Allan M. Brandt as dean of the University’s largest graduate school, the Graduate School of Arts and Sciences (GSAS).The appointment ends an eight-month search that began when current GSAS Dean Theda R. Skocpol abruptly resigned from the post last March.Brandt, a history of science professor who also holds an appointment at the Harvard Medical School (HMS), will make the move into University Hall to take his new post on Jan. 1.In his announcement, Smith praised Brandt?...

Author: By Jamison A. Hill, CRIMSON STAFF WRITER | Title: Smith Appoints Brandt Next Dean of GSAS | 12/13/2007 | See Source »

...player of all time, announced that his client was opting out of the final three years of his New York Yankee contract to become a free agent. After the game, the Sox couldn't sip their champagne without answering questions about A-Rod. It was the coronation of an eight-month march: spring training, a 162-game regular season, seven straight post-season victories. And there was A-Rod crashing the party...

Author: /time Magazine | Title: Why the NFL Is Still No. 1 | 11/2/2007 | See Source »

...first nurse to lead a surgical company during combat operations, and her work in Iraq, along with her previous two decades of active duty, offers living testimony to the difference one individual can make by building a career out of serving the needs of others. Pennington's eight-month tour in Iraq in 2006 earned her the Bronze Star for "heroic or meritorious achievement" in part for attaining an unprecedented 98% survival rate for her patients, many of whom were victims of severe blast wounds. On Oct. 23, she received a Minerva Award at the California Governor and First Lady...

Author: /time Magazine | Title: Beyond the Call of Duty | 10/25/2007 | See Source »

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