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...began the tribute from millions. Mourning is usually a song of celebration in a minor key, but the memorial services, at the Apollo Theater in Harlem and around the world, took on the tone of a jubilant revival meeting. MTV remembered that it used to be a music network and became MJTV for a few days. And Jackson's CDs, which sold torpidly in the past few years, were again best sellers...

Author: /time Magazine | Title: The Battle Over Michael Jackson's Legacy | 7/2/2009 | See Source »

...Colony Capital, a private-equity firm, and moved to the ultra-posh Holmby Hills in West L.A. Burkle's counsel was sensible, free and friendly, and it more than likely saved Jackson's wealth. He even paid for forensic accountants to untangle Jackson's finances. The Gloved One began writing his own checks. But even with cutbacks, Jackson needed income to maintain his lifestyle. That would mean performing; he hadn't toured since 1997. So he reluctantly agreed to a London gig that would eventually grow to 50 shows. He had already sold over $90 million worth of tickets...

Author: /time Magazine | Title: The Battle Over Michael Jackson's Legacy | 7/2/2009 | See Source »

...Last summer, I had an opportunity to find out how meaningful the "in sickness and in health" clause of the marriage vows is when I underwent six rounds of chemotherapy, during which my husband treated me with great kindness. I began strong, making it to the dinner table every night and putting up a brave front for our children. But chemo, she will beat you down. I spent the last week on a friend's bedroom floor, heavily drugged, mildly nauseated and watching Jon & Kate Plus...

Author: /time Magazine | Title: Is There Hope for the American Marriage? | 7/2/2009 | See Source »

...many members of the first generation of Tamils who fled the country when the war began are relieved by the Tigers' seeming end, and wish that the global Tamil youth were more critical of the LTTE. Nirmala Rajasingam, a first-generation activist with the U.K.-based Sri Lanka Democracy Forum, says the Tigers were "packaged as martyrs and freedom fighters" to the Tamil people, and that the diaspora's "unquestionable support and loyalty made the LTTE more unaccountable for its military power." Rajasingam, who has spent much of her life in exile having once been involved with the guerrilla group...

Author: /time Magazine | Title: War's End Hasn't Stilled the World's Young Tamil Voices | 7/1/2009 | See Source »

...risk could be reduced if U.S. consumer demand for Japanese products began to strengthen, or if the government introduced additional stimulus spending. Due to budget constraints, says Shirakawa, the latter is unlikely. Japan currently spends 4% of GDP, an unusually high ratio for a developed country, to service its burgeoning debt. But a pickup in consumption is possible, he says. The savings rate in the U.S. has increased in the past few months, and consumers may be feeling more confident that they can now spend a little more. That could provide some relief to Japan's battered export sector; Japanese...

Author: /time Magazine | Title: Japan's Economic Green Shoots Could Wither Fast | 7/1/2009 | See Source »

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