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...year and a half. [So] it wasn't like, "Surprise, I've been having an affair for 20 years." It was more like, "Surprise, I had an affair 15 or 16 years ago." We've really worked hard on our marriage since then, and things have come around, but this really terrible thing happened to us. (Read "Bernie Madoff: Publisher's Best Friend...

Author: /time Magazine | Title: Bernie Madoff's Mistress Speaks | 8/26/2009 | See Source »

...many cars were sold through the program? The official total sales that were directly because of the program will be right around 700,000 units. The average incentive - based on the most recent data available - was around $4,200. If we simply divide $3 billion by $4,200, we get about 714,000 units. The original forecast for 250,000 units was based on the initial $1 billion budget for the program...

Author: /time Magazine | Title: Was Cash for Clunkers a Success? | 8/26/2009 | See Source »

...signs of turning a corner in the past. In early 2008, the rate of monthly home-price declines started dropping (that is, the housing situation looked to be moving from really bad to less bad). That momentum didn't stick, though, owing to the broader economic downturn. This time around, a first-time homebuyer tax credit is giving a huge boost to the market - nearly a third of buyers now fall into that camp. If the feds don't extend that tax credit when it sunsets at the end of November, will the current housing-recovery momentum peter...

Author: /time Magazine | Title: The Housing Market: Has It Turned the Corner? | 8/26/2009 | See Source »

...khat's detractors say the leaf is destroying Yemen. At around $5 for a bag (the amount typically consumed by a single regular user in a day) it's an expensive habit in a country where about 45% of the population lives below the poverty line. (Most families spend more money on khat than on food, according to government figures.) A khat-addled public is more inclined to complacency about the failings of the government, khat ceremonies reinforce the exclusion of women from power and, as is obvious to anyone finding a government office nearly empty on a weekday morning...

Author: /time Magazine | Title: Is Yemen Chewing Itself to Death? | 8/25/2009 | See Source »

...James as a stereotype of a minority population in Japan because the Ohio native fails to speak or write Japanese fluently, dresses like a nerd and blogs about burgers only ends up underscoring the fact that there really aren't a lot of foreigners who fit the bill running around Japan. For most foreigners in Japan who know no one like that - and who only see a burger mascot - it begs the question: Where's the beef...

Author: /time Magazine | Title: Not Everyone Is Lovin' Japan's New McDonald's Mascot | 8/25/2009 | See Source »

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