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...back to the 400-year-long Ottoman rule over Greece, when people evaded taxes as a form of resistance. Ordinary Greeks point to a more immediate cause. "Everyone cheats," says lawyer Elena Tzanetakou, 29, as she rushes out of a tax office in Athens after filing paperwork for a client. "The system is corrupt and it always has been, so people think, 'Why should...

Author: /time Magazine | Title: Taxing Times in Greece | 2/15/2010 | See Source »

...case of Hopper v. Hopper is particularly striking because it's the sick partner who wants out. Usually it's the other way around. Cordell, most of whose clients are men, had a wealthy client who had gotten an ALS diagnosis. "He began to try some pretty exotic therapies that were not covered by insurance, and his wife became increasingly concerned about the cost," he says. She filed for divorce and for a court order that restricted his access to their assets. "He didn't spend his last days well," says Cordell...

Author: /time Magazine | Title: Facing Death and Divorce at the Same Time | 2/4/2010 | See Source »

...financial crisis. Bear Stearns, Merrill Lynch, Lehman Brothers, UBS and Citigroup all had large amounts of mortgage bonds or real estate investments that they had parked on or off their balance sheets - but were responsible for. They were chasing the same higher yields that all their investing clients were. Those investments comprised the greatest part of those firms' write-offs. Those weren't client-driven trades. They decided to take them themselves. The idea that proprietary trades were a trivial part of the losses at the banks is just not realistic. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: An Ex–Goldman Partner Lets Loose on Wall Street | 2/2/2010 | See Source »

...course, Salinger's executor or heirs could try to slip around the author's wishes. But, so far, the late author's partisans would seem to have nothing to worry about in that regard. The Salinger ranks are holding tight, albeit as quietly as their famous client. Marcia Paul, the New York City lawyer who represented Salinger in the 60 Years Later case, had nothing to say when contacted. "I really don't have any comment about anything," she maintained. Likewise, his agent, Phyllis Westberg, is a woman of few words: "J.D. Salinger books will stay in print. I have...

Author: /time Magazine | Title: J.D. Salinger: "Keep Your Hands Off My Legacy" | 1/30/2010 | See Source »

...electable, and no American President is ever going to appoint him to anything," says Kevin Sullivan, former White House press secretary under George W. Bush and now a p.r. consultant. "But the American public is very forgiving." Sullivan, who admits he'd never take Edwards on as a client, nevertheless had some advice: tell it first, tell it all and tell it yourself. The ship has sailed on a couple of those - unless of course, there are more skeletons in the Edwards' well-appointed closets. So even though some people are begging Edwards to just go away, he needs...

Author: /time Magazine | Title: Can John Edwards' Dreadful Image Be Rehabilitated? | 1/23/2010 | See Source »

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