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...inheritance, but also the values and work ethic that produced their nest eggs in the first place. "So many wealthy families don't know anything about raising kids in a healthy environment," says Thayer Willis, author of Navigating the Dark Side of Wealth: A Life Guide for Inheritors. The daughter of multimillion-dollar parents herself, Willis says she was a "spoiled brat" in her youth. She quit jobs whenever things didn't go her way and spent money without limits - until she realized this was not the path to a satisfying existence. "Outsiders think, 'If I just had financial wealth...

Author: /time Magazine | Title: No Free Rides, Kid | 11/13/2008 | See Source »

...straw as a system for delivering more than flavor. He started tinkering with the idea in 1996, after wondering why flavored milk cost so much more than the plain variety. He tried using a fat plastic straw from McDonald's and a filter made from one of his daughter's school stockings. That didn't work. He soon designed a new type of conical filter that wouldn't clog, and figured out how to create flavor beads by making a tiny core and gradually adding material to it in a tumbler. Sucralose sweetener kept sugar levels - high in most flavored...

Author: /time Magazine | Title: Star Sip Enterprise | 11/13/2008 | See Source »

...turned out, Dunham's koa (wood) urn arrived on Election Day, Soetoro-Ng wrote in her e-mail. Soetoro-Ng surrounded the urn with pictures of Dunham's late daughter Stanley Ann Dunham (the mother of Soetoro-Ng and the President-elect), Dunham's grandchildren and her great grandchildren - "all of us who benefited so much from her steady voice and hand," Soetoro-Ng wrote...

Author: /time Magazine | Title: An E-Mail from Obama's Sister | 11/12/2008 | See Source »

...where Soetoro-Ng later cared for her. In the post-election e-mail, Soetoro-Ng writes of the sometimes conflicting emotions surrounding her grandmother's death and brother's success - and of the need to unplug for a while with her husband Konrad and their 4-year-old daughter Suhaila on Oahu's rural North Shore. She writes that she has been flooded with e-mail messages "of both congratulation and condolence .... There's a wide swatch of emotion cutting through me, sometimes swirling, never simple ... a briny mixture of elation, sadness, determination, regret, pride, hope, fatigue. You can imagine...

Author: /time Magazine | Title: An E-Mail from Obama's Sister | 11/12/2008 | See Source »

...Chen's wife, son, and daughter-in-law are also expected to be arrested soon. Nine other suspects, including former aides, officials and his brother-in-law have already been detained. With the numerous scandals that have swirled around Chen's inner circle the past two years, political commentator and Chen's former advisor Antonio Chiang says, "His arrest will be a great relief to the DPP, and to the people...

Author: /time Magazine | Title: Taiwan Arrests Former President | 11/12/2008 | See Source »

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