  We study in detail the moduli space of solutions discovered in LLM relaxing
the constraint that guarantees the absence of singularities. The solutions fall
into three classes, non-singular, null-singular and time machines with a
time-like naked singularity. We study the general features of these metrics and
prove that there are actually just two generic classes of space-times - those
with null singularities are in the same class as the non-singular metrics.
AdS/CFT seems to provide a dual description only for the first of these two
types of space-time in terms of a unitary CFT indicating the possible existence
of a chronology protection mechanism for this class of geometries.
