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...very rare when you split the chairman and CEO position for the top executive to stay in place," says Paul Miller, who follows Bank of America at FBR Capital Markets. The executive's performance during the financial crisis has come under increasing scrutiny in the past few months. At the center of the criticism, and the SEC complaint, is the way Lewis handled the Merrill Lynch acquisition. Lewis and his executives hammered out the details of the multibillion deal to buy Merrill over the course of a single weekend during the worst of the financial crisis. Quickly, it became apparent...

Author: /time Magazine | Title: SEC Settlement May Threaten BofA CEO | 8/4/2009 | See Source »

Aquino’s next appearance at court—a probable cause hearing—will take place at the Cambridge District Court on Sept. 3, according to Corey Welford, a spokesman for the Middlesex District Attorney’s office. Boston attorney Matthew A. Kamholtz will represent Aquino and was present at the arraignment on his behalf...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Third Kirkland Shooting Suspect Pleads Not Guilty | 8/3/2009 | See Source »

Dogs, he adds, respond to handlers, perhaps for reward or praise, or simply because of emotional connections, wanting to please their human partner. "Dogs aren't stupid - they cheat," Mesloh says. "What goes down the leash, comes up the leash." In the Netherlands, where tough evidence protocols are in place, a suspect scent is taken to a lab, where the dog's reactions are tested without a handler present...

Author: /time Magazine | Title: Dogs and the Scent of a Crime: Science or Shaky Evidence? | 8/3/2009 | See Source »

...backtracking and subterfuge ultimately led to one place: the airport. If they were going to get me, this is where it would go down. In the end the files and flash drives came with me. I stepped through the stage one final time, the set design of my own making. Nothing happened. I made it through immigration in Tehran and carried myself through without incident all the way to Montreal. There, during my final layover en route to the United States, I was finally patted down. I watched the agent spread books and magazines pulled from my backpack out before...

Author: /time Magazine | Title: A Reporter's Diary: Making a Tricky Exit From Iran | 8/3/2009 | See Source »

...licenses to import and export goods and gave more favorable exchange rates to certain traders. But ironically, as postrevolutionary Iran's economy diversified, with malls sprouting up in Tehran neighborhoods that catered to the tastes of an expanded middle class, the bazaar may be slowly losing its central place in Iranian social life. Still, as the Iranian factions struggle for power, whoever wins over the bazaar will have a major advantage...

Author: /time Magazine | Title: Iran's Wall Street: Whom Does the Bazaar Back? | 8/3/2009 | See Source »

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