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...shift away from leaders like Jesse Jackson who were schooled in the civil rights movement toward Ivy Leaguers like Massachusetts Governor Deval Patrick. And while scoundrels like Detroit's disgraced former mayor Kwame Kilpatrick are almost absent, there's much here to justify her assertion that "the bench is deep" with rising political stars--and her role as their enthusiastic chronicler...

Author: /time Magazine | Title: The Skimmer | 1/15/2009 | See Source »

...complimented more on my skin than on any of my other stunning physical attributes, I didn't expect to be told I needed Botox. "I would suggest just lightly across your forehead," he says. As I ponder this, he keeps going. "You have a very thick brow and deep-set eyes. It would be nice to do just a little brow lift so you have a more serene, refreshed, younger look." And then: "And a little bit around the eyes." When I demur, Murphy tells me that if I wait, the wrinkles will set deeper and require a bigger dose...

Author: /time Magazine | Title: Boytox: Botox for Men | 1/15/2009 | See Source »

Economists can be forgiven for being a little loopy these days. The scope and suddenness of the ongoing financial crisis have been a rude awakening for many. "No one expected the problems to run this wide and deep," says a Harvard Ph.D. in attendance. "It's chilling." That's why many of the more accessible jokes of the evening involve bashing U.S. Treasury Secretary Henry Paulson, Federal Reserve Chairman Ben Bernanke, President Bush and just about everyone on Wall Street. "Italian Mafia are gangsters who make offers you can't refuse, whereas financial mafia are bankers who make you loans...

Author: /time Magazine | Title: Didja Hear the One About the Funny Economist? | 1/15/2009 | See Source »

Earlier this week, Litt decided to delay bringing the Madoff indictment in front of a grand jury. Observers say he will use his additional time to investigate who else may have been involved in the crime. Those who know Litt say he will dig deep into the evidence to determine who else was complicit in the fraud...

Author: /time Magazine | Title: The Man Who Will Prosecute the Bernard Madoff Case | 1/14/2009 | See Source »

...when countries from Thailand to Russia to Indonesia to South Korea devalued their currencies and saw their economies crash. The lesson for Geithner was clear. "From my time in Japan and then dealing with the crisis of the late '90s," he once told me, "I got a deep conviction: you don't want to dither...

Author: /time Magazine | Title: Can Tim Geithner Lead the Economy Out of Its Mess? | 1/14/2009 | See Source »

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