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...convinced: one of Wall Street's leading law firms, Skadden, Arps, Slate, Meagher & Flom, recently warned investment-banking clients to steer clear of online-gaming companies because of concerns about their legality in the U.S. Should the DOJ decide to crack down, the gaming firms, at least, have an exit. PartyGaming's prospectus takes pains to point out that the company has no tangible assets or physical presence in the U.S. Indeed, one reason co-founder Parasol plays no official role at the firm other than shareholder and keeps a very low public profile--she refuses all interview requests...

Author: /time Magazine | Title: Investing: How the U.S. Is Getting Beat in Online Gambling | 11/20/2005 | See Source »

...group was much lower than expected. Caitlin W. Monahan ’06, co-chair of the group that conducted the survey, noted at the panel that more than one-third of this age group’s ballots were cast absentee, and were therefore not included in exit polls. Speakers said they had found that college students’ opinions and degree of political involvement are generally similar to those of their parents, and that students are very much a swing constituency. The survey identified several new forms of political participation among college students, including blogging and wearing political...

Author: By John R. Macartney, CONTRIBUTING WRITER | Title: Political Interest on the Rise Among College Students, IOP Survey Finds | 11/17/2005 | See Source »

...supplying and working with U.S. forces in Iraq. More crucially, it is where U.S. officers carry out what is, in Washington's eyes, one of the most vital tasks of the war: the training of new Iraqi military and security forces, whose viability is essential to the U.S.'s exit strategy in Iraq. "Jordan has been very, very close to us and a remarkable help in Iraq," says a senior U.S. military official...

Author: /time Magazine | Title: A War Without Borders | 11/13/2005 | See Source »

...director John Hughes, who zeroed in on the light side of teen angst, or Molly Ringwald, his russet-haired muse. Hughes got the social pain of class rivalries, puppy lust and ineffectual parents, making it all funny and agreeable. Sixteen Candles is his Cinderella, The Breakfast Club his No Exit and Weird Science ... well, that one's just weird...

Author: /time Magazine | Title: 5 DVD Sets Full of Funny | 11/13/2005 | See Source »

...crowds of Coney Island, Ed Zander learned an early lesson in the value of hustle and patience. The son of a furrier in Bensonhurst, Brooklyn, Zander loved the Parachute Jump, the Silver Streak and, of course, the Cyclone. After school he and his brother would stand at the exit to Steeplechase Park for hours and charm people out of unused ride tickets, hoarding them in a rented locker. "We had, like, 3,000 free rides," Zander says. By summertime, they could spend all day in the park without ever buying a ticket...

Author: /time Magazine | Title: Wireless: The Spark Plug | 11/10/2005 | See Source »

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