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...public, local media, and, as we now know, the notorious Stasi secret police. The coup was so successful that it worked again 20 years later when Jackson's Stasi file, and the infamous pictures, emerged. This time SAT 1 nearly fell for its own prank. "We certainly would have fallen for the Stasi pictures but by chance a colleague was on duty who happened to be at the shooting of the Jackson double back in 1988," said Diana Schardt, spokeswoman for SAT 1 television. "We almost went with it, but then cleared it up." (See TIME's Top Ten fake...

Author: /time Magazine | Title: The Stasi File on Michael Jackson | 8/5/2009 | See Source »

...good" news is that the worst of the problem is fairly concentrated geographically. Places where house prices have fallen the most have been hit the worst. That includes states that saw the wildest speculation and overbuilding - like California, Florida, Arizona and Nevada - and those that have been gutted the worst economically, such as Ohio and Michigan...

Author: /time Magazine | Title: Half of All Mortgage Holders Expected to Be Underwater | 8/5/2009 | See Source »

...build equity in the house, or that would reset in 2 years and double their payments. These days, the typical homeowner facing foreclosure seems more likely to have simply lost a job—in a steel plant or a bank or as an auto-mechanic—and fallen behind on payments...

Author: By Max J Kornblith | Title: Back Home and Down to Earth | 8/4/2009 | See Source »

...Attic, $7.8 million, first weekend 6. Orphan, $7.3 million; $26.8 million, second week 7. Ice Age: Dawn of the Dinosaurs, $5.3 million; $181.9 million, fifth week 8. The Hangover, $5.1 million; $255.8 million, ninth week 9. The Proposal, $4.8 million; $148.9 million, seventh week 10. Transformers: Revenge of the Fallen, $4.6 million; $388.1 million, sixth week...

Author: /time Magazine | Title: Box-Office Weekend: Apatow's Funny Peculiar | 8/3/2009 | See Source »

...care nothing for the national good, putting personal wealth and power above all other considerations." Nevertheless, he said, change was visible. The economy was reviving. Schools and hospitals had reopened. Now that the Zimbabwean currency had been replaced by the U.S. dollar and the South African rand, inflation has fallen from 231,000,000% to 3%. And while Mugabe and ZANU were the problem and "pose the greatest threat to our nation's future," Tsvangirai argued, they were also part of the solution. "We must realize and accept that these individuals are Zimbabweans, and we must understand their fears...

Author: /time Magazine | Title: Can a Team of (Bitter) Rivals Heal Zimbabwe? | 8/3/2009 | See Source »

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