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...attended his concert at Philadelphia's Town Hall. It would be his last performance in my town except for three appearances at Central Magistrates Court after a drug bust. (Prescription drugs; he was acquitted.) And in 1964 I drove up to New York to see his Easter weekend stint at the Village Theater (later the Fillmore East). Four shows, all 11,000 tickets sold; I caught the late show, midnight, on Saturday. He did plenty of material about his legal vexations, but Lenny was still a spieler who could mesmerize his audience for two hours plus ? a great gig. (There...

Author: /time Magazine | Title: A Tribute to Lenny Bruce | 8/10/2006 | See Source »

...places to be for a while," warns Stuart Freeman, chief equity strategist at brokerage A.G. Edwards. He's leaning away from the stocks of small companies, which tend to do best early in a recovery and have had a long run of superior returns. He's also underplaying boom-bust industrial and commodity stocks in favor of blue-chip steady growers like health-care (Lilly) and consumer products (Pepsico, Procter & Gamble...

Author: /time Magazine | Title: Investing: Time to Stay Liquid | 8/6/2006 | See Source »

...action is attracting a host of new players. Investment banks, which retrenched after the tech bust, are ratcheting back up, as are money managers like financial-services firm Amvescap, which last week acquired WL Ross & Co., a buyout firm run by turnaround specialist Wilbur Ross. Even hedge funds--whose trader mentality is antithetical to buying and holding--are taking pages out of the buyout playbook. Hedge-fund operator Eddie Lampert not only bought and merged Sears and Kmart but also installed himself as chairman...

Author: /time Magazine | Title: The Big Deals Wheel Again | 7/30/2006 | See Source »

...ready to forgive Zidane the transgression in deference to his more heroic profile both on and off the pitch, some pundits are bound to insist Zidane's final on-field act will forever compromise what would have been a legendary status. Earlier media analyses of what had preceded the bust-up depicted Materazzi's comments as Islamophobic or racist in nature - with one suggesting the Italian had called Zidane a "(expletive) Arab, Muslim terrorist...

Author: /time Magazine | Title: Yo Mama! The Head Butt Explained | 7/12/2006 | See Source »

...left the White House two steps ahead of the sheriff. For politicians of the soft and pampered boomer generation - "well-meaning little men," as TR once called the type, "with receding chins and small feet" - TR is a perfect reproof, and they respond by embracing him. Clinton placed a bust of the Rough Rider on his desk. Bush moved TR's portrait to a prominent spot in the Cabinet room, and to many an Oval Office visitor he proudly points to his desk as the same one Roosevelt used. "I call him Ted," the President has said...

Author: /time Magazine | Title: The Roosevelt Legacy Bush Shouldn't Carry On | 6/29/2006 | See Source »

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