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...over the past 40 years. All we knew was that my wife's entire family had been in the fund for decades and lived well on the returns, which ranged from 15% to 22%. It was all very secretive and tough to get into, which, looking back, was a brilliant strategy to lure suckers. Unlike the usual Ponzi mechanics, the fund even stopped investments into accounts a few years back, at least in our network. There were the usual warnings prior to investing - we all knew it was a risk, we were told to make sure we were diversified, blah...

Author: /time Magazine | Title: How I Got Screwed by Bernie Madoff | 12/15/2008 | See Source »

...alternative-energy entrepreneurs is the appointment of Steven Chu, the current head of the Lawrence Berkeley National Laboratory, as Secretary of Energy. Believed to be the only Nobel Prize winner named to a presidential Cabinet (he won the Physics prize in 1997 for work involving lasers), Chu is "absolutely brilliant," according to Scott Anderson, a senior energy adviser for the Environmental Defense Fund. But more important, Chu - who put his research on hold in recent years to focus on climate change - understands that it will be technological leaps in the way we use energy that will truly whip warming...

Author: /time Magazine | Title: All Talk, Little Action, at UN Climate-Change Summit | 12/13/2008 | See Source »

...very close, and is reasonably convincing as a frustrated heroin addict. With James, Chess finally finds his key to crossing over, but with his growing fondness for her and her battle with addiction, he finds himself on shaky ground. Casting Director Kim Hardin should be applauded for assembling a brilliant ensemble. Apart from the choice of Eamonn Walker as Howlin’ Wolf, the casting is perfect, and this solitary disappointment detracts only marginally from the film. Walker’s voice is spot-on but his presence and appearance just don’t fit the character of Muddy...

Author: By Will L. Fletcher, CONTRIBUTING WRITER | Title: Cadillac Records | 12/12/2008 | See Source »

...escaping her lips—a rare misstep in an otherwise flawless film.The transition from stage to screen is fraught with pitfalls. A stage play adapted for cinema must expand its scope without losing the intimacy of its original format. Thanks to the expert direction of Ron Howard, and brilliant performances from its cast, “Frost/Nixon” accomplishes this task admirably. The best of cinema is combined with the best of the stage to produce a rare hybrid—an epic battle of human proportions...

Author: By Yair Rosenberg, CONTRIBUTING WRITER | Title: Frost/Nixon | 12/12/2008 | See Source »

...turns out that a lot of the chefs had already cooked Spam. Rick Moonen, the brilliant seafoodie in Las Vegas, once made some exhausted mountain-biking friends Spam and eggs procured at a produce-unfriendly general store in the middle of the Catskills. "They say it was one of the best meals of their life," he says. Likewise, Michael Fiorello of Chicago's Mercat a la Planxa was with a girlfriend a couple of years ago in an area without an open grocery store, so after a trip to CVS, he worked up a pizza with canned pineapples, canned corn...

Author: /time Magazine | Title: Welcome Back, Spam | 12/11/2008 | See Source »

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