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...fascination that Americans have about this drama is more about Chrysler as a memory than what it is today. Forty years ago, the company was the fifth largest in America, almost as big as GE (GE), and larger than IBM (IBM) and AT&T. The car firm trio held three of the top five slots in terms of annual sales in the U.S. They were a significant part of national GDP and employed almost over 1.3 million people. (See the 50 worst cars of all time...

Author: /time Magazine | Title: Why Chrysler Doesn't Matter Anymore | 5/1/2009 | See Source »

...years old. Their median annual income is $390,000. That means that a great many of the people driving dangerously fast cars are in their late fifties and their sixties. Trying to sell Porsches to people under 40 is probably a waste of money, especially now that almost all of the hedge fund managers are out of work...

Author: /time Magazine | Title: Amazon Kindle Users Are Older Than You Think | 5/1/2009 | See Source »

Quincy: The people's house organized competitors into various teams, with The Professionals taking home the prize. According to one participant this game quickly devolved into what resembled a Western shoot-out—lots of shots fired with almost none hitting their targets. But then again, since when were Harvard students known for their marksmanship...

Author: By Elias J. Groll | Title: Assassins Round Up | 5/1/2009 | See Source »

...Many items simply flashed their owners' wealth and influence. An over-the-top sleigh from Düsseldorf (circa 1710) was the must-have vehicle of the day: its design consists almost wholly of mythological figures. An ornate cabinet from Versailles gives a hint of the French King's power, and exquisite cups and vases made of rare materials (obsidian, ostrich egg) would have displayed a collector's refined taste...

Author: /time Magazine | Title: Step Into the Age of Excess at the Victoria & Albert Museum | 4/30/2009 | See Source »

...Berlusconi has carefully - almost surrealistically - developed his image (for both the present and posterity) as a family man, even alongside his fame for virility. In her statement about the young women on the electoral list, Lario also slammed Berlusconi for recently attending the 18th birthday party of a buxom Naples blonde, after having missed the same celebration for all of their children. "The family is always an open nerve in Italy," says an opposition insider. Lario's comments "can be a heavy blow [for him]. At the very least, it can put him in a bad mood for a while...

Author: /time Magazine | Title: Berlusconi Under Attack — from His Wife | 4/30/2009 | See Source »

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