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...DEFEATED. SILENT WITNESS, 5, by stablemate Bullish Luck in the Hong Kong Champions Mile; in Hong Kong. First sold for the bargain price of $39,000, the Australian-bred sprinter has won more than $6 million in career earnings and scored 17 consecutive victories, eclipsing the record of 16 held by champions Ribot, Citation and Cigar. His unlikely rise and winning ways have made the horse an icon in his gambling-obsessed hometown, although the loss means touted trips to high-stakes races in Japan and the U.S. may not happen. "Every horse has to lose," said his owner, Archie...

Author: /time Magazine | Title: Milestones | 5/16/2005 | See Source »

...Army judge last week rejected a guilty plea from Private Lynndie England, the young reservist seen grinning in some of the most notorious pictures from the Abu Ghraib prison scandal. Her plea bargain could have reduced her jail time from 16 years to 30 months, but the case is now back to square...

Author: /time Magazine | Title: Abu Ghraib Trial: The Lynndie England Saga | 5/9/2005 | See Source »

Court-martial rules require the accused to accept guilt in making a plea bargain. In entering her plea, England initially claimed she had just been following orders but changed her story after conferring with her lawyers for an hour. Graner's testimony was the last straw...

Author: /time Magazine | Title: Abu Ghraib Trial: The Lynndie England Saga | 5/9/2005 | See Source »

...guys because men tend to be early technology adopters and because Sirius has bulked up on pro sports, offering channels for NBA, NFL and NHL games (assuming that hockey returns), and starting in 2007, stock-car racing via NASCAR, which Karmazin lured from XM. Sirius signed Stewart for a bargain $30 million over four years, plus a share of ad sales. It's paid to her company, Martha Stewart Living OmniMedia, in return for a 24-hour women's lifestyle channel, featuring advice to the "homemakers of America," as she puts it. Martha Radio goes on the air this fall...

Author: /time Magazine | Title: Media: Making Waves | 5/4/2005 | See Source »

...forms. Real estate prices have gone through the roof, so cash buyers are paying through the nose. Borrowers are increasingly resorting to floating-rate and interest-only loans, which all but guarantee that they will pay more over the life of their loans. Officially, though, housing looks like a bargain. Why? The housing component of the Consumer Price Index (CPI) is based on rents, which are tame and in some regions have even fallen...

Author: /time Magazine | Title: Inflation: It's Worse Than You Think | 4/26/2005 | See Source »

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