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Counting wasn't a problem for Michael Jackson in the 1970 hit "ABC." Love, he chirped in the Jackson 5 song he co-wrote, was as "easy as 1-2-3." When it came to handling the bigger sums the singer would go on to amass, though, Jackson never really got a grip on the numbers. Profligate spending, a slew of legal settlements and a reliance on ever increasing bank loans blew a hole in the fortune Jackson earned over four decades of performing. Some estimates put the singer's debt at the time of his death at $300 million...

Author: /time Magazine | Title: What Happened to Michael Jackson's Millions? | 6/26/2009 | See Source »

...Bigger changes are expected to come in five years, when the field is likely to be filled with new candidates and not figures from the New Order, as Suharto's regime was called. "All of the presidential candidates have been in office, so we know who they are," says Sandra Hamid, who handles governance issues at the Asia Foundation. "It is hard to know what they could tell people that will change their minds." (Watch a video about a destructive mud volcano in Indonesia...

Author: /time Magazine | Title: In Indonesia Vote, Change Not on Ticket | 6/24/2009 | See Source »

...fragmentation of artillery shells. Officers flew back to the U.S. in the middle of the Battle of the Bulge to get his advice on the trade-off between the likelihood of hitting the target (the more fragments, the better) and the likelihood of doing serious damage (the fewer and bigger the fragments, the better...

Author: /time Magazine | Title: The Myth Of the Rational Market | 6/22/2009 | See Source »

...third reason Obama will most likely win this fight is that Netanyahu has bigger fish to fry. He knows that sometime in the next year or two, he could well end up paying a visit to the White House to ask for U.S. support for a military strike against Iran's nuclear program. For an Israeli Prime Minister, alienating a U.S. President is almost always bad politics, but it's particularly bad politics when you need his help to stop what you've called an existential threat. If Israelis decide Netanyahu can't negotiate with the U.S. effectively over Iran...

Author: /time Magazine | Title: Why Obama Should Keep the Heat on Israel ... | 6/22/2009 | See Source »

...Middle East expert Roy says the claims and counterclaims miss the bigger point. While Iranian leaders obsessively hate the NCRI for historical reasons, he says, the NCRI is largely an irrelevancy these days. "Tehran uses it as a scarecrow with its own change-hungry public, while Western nations use it as a way of rewarding or punishing Iran," Roy says. "More or less consideration given to [NCRI] can act as punishment or reward for Iranian action. Meanwhile, the group itself does little beyond grow weaker with time...

Author: /time Magazine | Title: In Iran Crisis, Paris Exile Group Plays Disputed Role | 6/22/2009 | See Source »

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