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...related vacancies. And lenders? Turning properties into rentals until the market rebounds may sound like an appealing alternative to selling assets at cut-rate prices. "This is another tool to use, and it doesn't cost the government anything," says Representative Gary Miller of California, who has sponsored a bill to make it easier for banks to enter into long-term leases with tenants. (See high-end homes that won't sell...

Author: /time Magazine | Title: Renting Your House Back: A Solution to Foreclosures? | 11/12/2009 | See Source »

...most expensive? The open bar. Instructions on the bill said the bar was to "notify host when $10,800 was met." Based on the final total, the guests hit that alcohol ceiling. Now that's a wake made for a King...

Author: /time Magazine | Title: Michael Jackson's $1 Million Funeral: The Breakdown | 11/11/2009 | See Source »

...next night, after the House passed its health care bill, she took to her Facebook page (her favored communication tool since leaving the statehouse) and warned, "Look closely at the provisions mandating bureaucratic panels that will be calling the shots regarding who will receive government health care. Look closely at provisions addressing illegal aliens' health care coverage too." Not too specific, but undeniably provocative...

Author: /time Magazine | Title: The Rogue Returns: On the Road with Sarah Palin | 11/11/2009 | See Source »

Palin will travel mostly by bus, with her now famous family expected to be along for some of the ride. She will start off the tour with TV interviews with Oprah Winfrey and Barbara Walters, followed by sit-downs on Fox News with Bill O'Reilly, Sean Hannity and Greta Van Susteren, a three-pronged conservative kick that will keep the cash registers whirring. Some close to Palin believe she quit the governor's job to trade the crushing legal bills stemming from the various ethics complaints filed against her for the cash that comes with speaking engagements and book...

Author: /time Magazine | Title: The Rogue Returns: On the Road with Sarah Palin | 11/11/2009 | See Source »

...relations between the two Koreas. Earlier this year, North Korean dictator Kim Jong Il staged a bit of a charm offensive, ending a period of silence while he recovered from a stroke. Kim said he would again agree to talks about his nuclear program, and he hosted former President Bill Clinton in Pyongyang, who traveled to the North to win the release of two U.S. journalists who had been arrested there. But there's little sign of any thaw with Seoul. Pyongyang has been infuriated that South Korean President Lee Myung Bak hasn't continued the so-called Sunshine Policy...

Author: /time Magazine | Title: Before Obama's Visit, a New Clash Between Koreas | 11/10/2009 | See Source »

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