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...technology to connect as many as 130 sites for one meeting, allowing scattered researchers to compare clinical data and discuss projects. "We use it in all aspects of our operations, from discovery to development to commercialization," says Mark Lamon, who oversees videoconferencing for the company's research-and-development unit...

Author: /time Magazine | Title: Video Traveler | 2/11/2002 | See Source »

...South African Medical Association supports the defiant doctors, saying that government policy cannot determine medical ethics that include "post-exposure prophylaxis for sexual assaults and mother-to-child HIV transmission." So too do many leading civic and religious figures. Opening a new HIV research unit at Chris Hani Baragwanath Hospital in Soweto last month, Archbishop Njongonkulu Ndungane, head of the Anglican Church in South Africa, called it "sinful and immoral" to deny drugs that could save the life of a child. Said Nobel laureate Archbishop Desmond Tutu, "We can't afford the luxury of academic debates about the causes...

Author: /time Magazine | Title: Hope for the Living Dead | 2/11/2002 | See Source »

...Belgrade prison facing murder charges: the threat of a long prison sentence might persuade him to rat on his old boss. Nice also interviewed Mihalj Kertes, former chief of the powerful customs service, and the notorious Franko "Frenki" Simatovic, the commander of the feared Red Berets, a police unit accused of spearheading ethnic cleansing from Croatia to Kosovo. Three men indicted with Milosevic - ex-Defense Minister Dragoljub Ojdanic, Serbia's former Interior Minister Vlajko Stojiljkovic and top adviser Nikola Sainovic - were also asked last week to give themselves up to the Hague. They too would have stories to tell...

Author: /time Magazine | Title: His Day In Court | 2/11/2002 | See Source »

...Ireland's biggest bank, needed another telling of the tale to drive home the message that inadequately supervised traders can threaten even the most venerable institutions. So last week we got the real-life reenactment: Allied Irish alleged that John Rusnak, 37, a currency trader at Allfirst, its U.S. unit in Baltimore, had piled up losses of $750 million over the course of a year, hiding them in fictitious transactions. Even the original rogue trader admitted that the copycat's performance was authentic. "The similarities," Leeson told the BBC, "seem to be very striking...

Author: /time Magazine | Title: Déjà vu on the trading floor | 2/11/2002 | See Source »

Allied Irish said it was investigating the possibility the trader had colluded with others, within the bank or outside. It also suspended five senior executives at Allfirst, though it hasn't accused them of wrongdoing. "Clearly, controls broke down," said Susan Keating, president of the Baltimore unit, "and we don't wholly understand how." Her boss in Dublin, Allied Irish chief executive Michael Buckley, suggested that no controls could hold back a trader determined to commit fraud. "You have a wonderful alarm system in your house," he said, "but someone who has a reasonable amount of skill and a certain...

Author: /time Magazine | Title: Déjà vu on the trading floor | 2/11/2002 | See Source »

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