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...Partners, a $9 billion partnership, with his father William, who got his start in 1963 with a 5-acre plot of New Jersey swampland. The turnover targets were perhaps "more aggressive than people think they should have been," but he says, "Life is too short for us to have done this, with this small a part of our portfolio, if we didn't actually think we were doing the right thing. Whether or not we executed as perfectly as we could - I'm sure that we made mistakes - our true intention here was to make money by doing good...

Author: /time Magazine | Title: Should Private Equity Invest in Residential Real Estate? | 1/20/2010 | See Source »

...political type. Until a few weeks ago, the 59-year-old registered nurse and lifelong resident of Salisbury, Mass., had never so much as put a bumper sticker on her car or a sign in her yard, she says. But in the past few weeks, she has done both. And Monday afternoon found her at her first political rally, braving the cold and a light snow with several hundred others along Main Street...

Author: /time Magazine | Title: The Democrats Hold Their Breath in Massachusetts | 1/19/2010 | See Source »

Likewise, the economy of the quake zone has done well. Much of the region was agricultural, and farmers were able to get back to work fairly soon after the disaster. The massive rebuilding effort also provided direct investment and job opportunities. Several of the dislocated people I met in the temporary camps had family members working on reconstruction. Overall the quake region produced less than 1% of China's GDP, so it did little to slow the national growth engine. A chief concern was that rebuilding would contribute to inflation. That was largely forgotten over the past year...

Author: /time Magazine | Title: Haiti and China: A Tale of Two Earthquakes | 1/19/2010 | See Source »

...Some French wine makers are already enjoying success under the new system. The wine maker Chamarré, whose motto is "Made in France, Enjoyed Everywhere," only produced its first batch five years ago but today exports to some 30 countries. It has done well by abandoning the notion of terroir - it sources its grapes from thousands of growers across France to produce single varietal and assemblage wines with straightforward, stylish labels. Cleverly named Côtes du Rhone wines like Le Freak Shiraz-Viognier and Rhôning Stones are also showing up on supermarket shelves around the world...

Author: /time Magazine | Title: Kiwi Cuvée: The Next Generation of French Wines | 1/18/2010 | See Source »

Still, Ratzon, 59, ruled his clan like a kingdom - or a police state. According to a book of domestic bylaws that he laid out for his huge household, the women faced fines from $50 to $500 for such infractions as sitting idle when there was housework to be done or talking to repairmen. To an extent, the situation was state-subsidized: some women claimed state benefits as stay-at-home, single parents. Others, however, worked outside, earning money for the family kitty. But not everyone was happy. Days before his arrest, Ratzon reportedly took one of his "wives...

Author: /time Magazine | Title: In Israel, the Messiah with More Than 30 'Wives' | 1/18/2010 | See Source »

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