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...Have you thought about why do we do it? Why is there this huge splurge at the end of the year? Well, it's a bit of a puzzle. We don't do it with cash. Giving cash is very socially awkward. The exceptions are for parents to children, grandparents to grandchildren, aunts and uncles to nieces and nephews. It's O.K. for cash to flow from those of higher social status to those of lower social status, but [otherwise] it's just considered a tacky thing to do. Which makes the growth of gift certificates remarkable, because they...

Author: /time Magazine | Title: Why We Shouldn't Give Christmas Gifts | 11/12/2009 | See Source »

There's another point I'd mention: There's a lot of cash on the sidelines, both at the individual level and the institutional level. At some point, all this cash has got to go to work, and I think that's what you're seeing [in the market rally.](See pictures from the crash...

Author: /time Magazine | Title: Stock Rally Isn't Over, Says Wells Fargo's Hartman | 11/11/2009 | See Source »

...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 deals. For now, she's all about polishing her brand for its purchasing...

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

...against the calculating Cada was apropos. Cada, from the Detroit area, risked alienation from his parents to participate. He cut his poker teeth in online play as a teenager; against his parents' will, he quit college to play cards for a living. But he soon won enough to pay cash for his house and managed to reconcile with Mom and Dad, who were in Las Vegas to cheer him on. (Read "Are People Gambling Less...

Author: /time Magazine | Title: 21-Year-Old Wins World Series of Poker | 11/10/2009 | See Source »

...over the distribution of revenue. She had been at loggerheads with the owners, who have recently been accused of taking a more conservative approach to the news and trying to rein in some of the magazine's more aggressive reporting. While the 11-year-old magazine had been a cash cow for the media group, it had received a smaller share of the revenues, according to current and former staffers. "The parent company milks it for a huge chunk of their revenue," says a former staffer. "She's been cash-strapped trying to do new projects." (See pictures from...

Author: /time Magazine | Title: China's 'Most Dangerous Woman' Gets a New Forum | 11/10/2009 | See Source »

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