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...Suzman for tea in the lush garden of her Johannesburg home last June. She was, she said, "slowly fading away," with tinnitus in her ears making her head "ring like a church bell." But she was still feisty and outspoken, especially on the ANC. The party had failed to transform the lives of black South Africans, she argued--"The vast majority have been left behind"--while its leader and the likely next President, Jacob Zuma, "just tells people what they want to hear." Not an accusation ever leveled at Suzman...

Author: /time Magazine | Title: Helen Suzman | 1/8/2009 | See Source »

Ponzi wasn't the scam's first practitioner; that was probably a New York City grifter named William Miller, who fleeced investors out of $1 million--more than $20 million in today's dollars--in 1899. The cons have since grown: a Florida church netted $500 million in a 1990s fraud that promised God would double the money of pious investors. Boy-band impresario Lou Pearlman, in addition to foisting 'N Sync on an unsuspecting public, stole $300 million from clients over two decades. And citizens poured some $1.2 billion into Albanian pyramid schemes after the fall of communism; when...

Author: /time Magazine | Title: A Brief History Of: Ponzi Schemes | 1/8/2009 | See Source »

...Friday evenings, Francis Hajdas takes his sleeping bag to church. He puts it down among the pews on the left side, close to the century-old carved-wood confessionals, before examining a folding table by a marble tomb of Jesus, which holds a spread of apples, candy canes, water and homemade cookies donated by supporters...

Author: /time Magazine | Title: Postcard from Adams | 1/8/2009 | See Source »

...Hajdas and about 50 other parishioners in this northern Berkshires town seized the church of St. Stanislaus Kostka to protest plans to shut it down. They say they'll keep their vigil until their appeal is heard by the Vatican--or until the Diocese of Springfield, which oversees Adams' churches, has them forcibly removed...

Author: /time Magazine | Title: Postcard from Adams | 1/8/2009 | See Source »

...Stanislaus Kostka, protesters are learning the mundane lessons of church occupation: Bring your own toilet paper. Dress warmly against the nave's meager heating. And no matter how just your cause, don't expect a decent night's sleep on St. Stan's hard wooden pews. Built by Polish immigrants in 1902 and named after a 16th century Polish Jesuit novice, the church is profusely decorated with statues, stained glass, mosaics and hand-painted biblical scenes; a depiction of the Black Madonna of Czestochowa is richly decorated with diamonds, pearls and other jewels donated by parishioners. Until last month...

Author: /time Magazine | Title: Postcard from Adams | 1/8/2009 | See Source »

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