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...Citicorp's John Reed soon fell apart--but at first very profitable. Amid the corporate scandals of 2001 and 2002, though, Citi's investment-banking arm landed in more than its share of controversy and legal trouble. One last big suit, filed by Enron Creditors Recovery Corp., goes to trial in April...

Author: /time Magazine | Title: Assessing the Mess at Citi | 11/8/2007 | See Source »

...ambitious indictment may be the last major case before the Tribunal, which is expected to close its courtrooms by the end of 2008 and complete its appeals proceedings by 2010. But there are serious concerns that the new trial could become a mockery of justice, and even help Seselj score some political points at home, where he is widely regarded as a hero, and where he still wields considerable political power as leader of the largest party in the legislature...

Author: /time Magazine | Title: A War Crime Trial Over Words | 11/7/2007 | See Source »

...close ally of late Serbian President Slobodan Milosevic, who died during his own trial in 2006, Seselj is indicted for inciting crimes against humanity, including murder, torture and the persecution of Croats, Muslims and other non-Serbs during wars in Bosnia and Croatia in the 1990s. Seselj is nonplussed by the charges, claiming the trial is purely political. "I am being tried for atrocious war crimes that I allegedly committed through hate speech as I preached my nationalist ideology that I am proud of," he said at a pre-trial hearing. "I have no other involvement in these crimes expect...

Author: /time Magazine | Title: A War Crime Trial Over Words | 11/7/2007 | See Source »

...Although the defendant appeared calm during the first day's proceedings, his long history of defiant, often aggressive behavior suggests that the trial could be a turbulent affair. During five years of preparation for the trial, he tossed obscenities at prosecutors and court clerks during hearings, refused to use a computer and insisted that all court papers (some 250,000 pages) be translated in Serbian Cyrillic (Serbs use both scripts). Like Milosevic, Seselj insisted on being his own defense lawyer, and when the court attempted to assign him an attorney, he went to a 28-day-long hunger strike, until...

Author: /time Magazine | Title: A War Crime Trial Over Words | 11/7/2007 | See Source »

...Tomislav Nikolic, who is running for president in Serbia's January elections. Nikolic, the caretaker of the ultranationalist Serbian Radical Party in Seselj's absence, is running neck-and-neck with incumbent President Boris Tadic, a pro-Western democrat. The radicals hope that the emotions stoked by Seselj's trial, which is being broadcast live on Serbian state television, will help Nikolic...

Author: /time Magazine | Title: A War Crime Trial Over Words | 11/7/2007 | See Source »

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