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...Naturally, executives for Xanadu, which has been beset by prior delays and cost overruns, offer a different spin. "It's not like people aren't looking to recreate," says Larry Siegel, president of Xanadu. "They are. But people may not be able to rent that house on the beach or pay a few hundred bucks for a three-day pass at Disney. But they can come here and spend $100. If people spend the time here, they're going to spend the money." (See what businesses are doing well despite the recession...

Author: /time Magazine | Title: The Last Shopping Mall? New Jersey Awaits Xanadu | 3/9/2009 | See Source »

...York City apartment near the mayor's mansion in 2003 (coincidentally in the same building where Madoff's son Andrew lived), which he then flipped for $11.2 million in 2007, the CFTC charge states. In addition, it says Bloom and his wife owned multiple apartments in New York, beach homes in Florida and New Jersey, luxury cars and, of course, boats. It also says Bloom used $1.2 million for interior-design work and an additional $1.8 million for personal expenses...

Author: /time Magazine | Title: How to Spot a Ponzi Con Artist? Follow the Yachts | 3/6/2009 | See Source »

...course, the Madoffs have a yacht too, called Bull, as well as a Montauk beach house, a villa in the South of France, half ownership of a $24 million jet, a palm-studded Palm Beach estate and three or four golf-club memberships. Madoff has, however, agreed to give up to investors his artwork and entertainment tickets...

Author: /time Magazine | Title: How to Spot a Ponzi Con Artist? Follow the Yachts | 3/6/2009 | See Source »

...which she expects, she plans to invest more: "It wouldn't surprise me if in the next year or two, I have close to $2 or $3 million in the market," she said. She values her five homes at $15 million: the San Francisco town house; a two-bedroom beach condo near Fort Lauderdale, Fla.; a house in South Africa; and two apartments in Manhattan. Orman believes that people who don't have money shouldn't buy things--they should fund their IRAs instead--while those who have a lot of it should spread it around. Her biggest indulgence...

Author: /time Magazine | Title: Suze Orman: Queen of the Crisis | 3/5/2009 | See Source »

...bipolar disorder, but his ups and downs seem decidedly normal for someone who has two beautiful women suddenly walk into his life and, at night, goes home to boringly stereotypical old-world Jewish parents, Reuben (Moni Moshonov) and Ruth (Isabella Rossellini).Gray’s typical Brighton Beach setting—2007’s “We Own the Night” and his 1994 debut “Little Odessa” were set there—seems bleaker than ever, a halfway house for Manhattan mistresses like Michelle (Paltrow, in a truly fearless performance) while still...

Author: By Kyle L. K. Mcauley, CRIMSON STAFF WRITER | Title: Two Lovers | 3/5/2009 | See Source »

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