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...Many saw this civil case agreement as major signal that negotiations were moving fast on the criminal plea bargaining front, which may include Madoff's desire to keep his family out of trouble. Of course, Wednesday's revelation regarding Mrs. Madoff's financial withdrawals only raises the likelihood that prosecutors will look closely at family members' actions...

Author: /time Magazine | Title: Ruth Madoff Withdrew $15.5 Million Prior to Husband's Arrest | 2/11/2009 | See Source »

...Marx saw that the economic mechanisms of his time created appalling living conditions for workers. He was right that this couldn't go on forever. The real-world solution was not as clear-cut and revolutionary as his theory predicted. It was and is a long process of adjustment, confrontation and integration. The West has solved some of the problems but outsourced others. We could happily forget about this as long as it was happening to weak, marginalized countries, but now China plays an active part in the world economy. We can't command China to give us cheap...

Author: /time Magazine | Title: A Historic Moment | 2/11/2009 | See Source »

...pretty devastating.” After being cut from the varsity squad his freshman fall, Duncan embarked on a campaign to bring his game to a new level. He became captain of the Junior Varsity team and devoted the following summer to training. “I rarely saw him so grim and determined,” Owen remembers, “as a younger brother I was watching him like ‘wow.’ I mean, he just played basketball all the time...

Author: By H. max Huber, CRIMSON STAFF WRITER | Title: Arne S. Duncan '86 | 2/11/2009 | See Source »

...with 18 more shots in the frame.In the second period, the Crimson picked up the tempo as both teams’ frustration with the score began to show. But as the pace increased, so too did the amount of penalties against Harvard. With only nine shots on goal, Harvard saw five of its players hit the penalty box as the Eagles took 14 shots against Kessler, the most of any period for Boston College.“We put the ball back in BC’s court for a while in the second period, and we staved...

Author: By Alex Sopko, CRIMSON STAFF WRITER | Title: No Beanpot Breakthrough | 2/11/2009 | See Source »

...Whether or not a serial killer is on the loose, the murders are part of a disturbing trend. Hong Kong, a city of 6.9 million, saw 36 murders last year, twice as many as in 2007. Six of the 36 were sex workers. In a particularly gruesome incident in May, 2008, a 16-year-old girl involved in sex trade was decapitated, flayed, chopped into pieces, and dumped at a local market where meat was sold. "We are very frightened of this dangerous situation," says Jade, a 40-year-old Hong Kong prostitute who declined to give her last name...

Author: /time Magazine | Title: Hong Kong Alarmed Over Sex-Worker Murders | 2/10/2009 | See Source »

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