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...What Internet payment options are there today? PayPal is the most famous, but it has transaction costs too high for impulse buys of less than a dollar. The denizens of Facebook are embracing systems like Spare Change, which allows them to charge their PayPal accounts or credit cards to get digital currency they can spend in small amounts. Similar services include Bee-Tokens and Tipjoy. Twitter users have Twitpay, which is a micropayment service for the micromessaging set. Gamers have their own digital currencies that can be used for impulse buys during online role-playing games. And real-world commuters...

Author: /time Magazine | Title: How to Save Your Newspaper | 2/5/2009 | See Source »

Several of America's most famous companies have fallen on very hard times recently and investors might want to ask whey their boards appear to have done nothing demonstrable to help shareholders...

Author: /time Magazine | Title: Boards Refuse to Act Despite Poor Governance | 2/5/2009 | See Source »

Some of the famous names listed include CNN's Larry King, the family trust of Jeffrey Katzenberg, and New York Mets owner Fred Wilpon. The list also shows massive duplication in some accounts. One victim, for example, "Melvin Marder CPA," appears more than 250 times, while another, "Sosnick Bell & Co.," shows up more than 700 times. Sterling Equities is listed close to 200 times...

Author: /time Magazine | Title: The Bernie Madoff Client List Is Made Public | 2/5/2009 | See Source »

...presence and voices of James Earl Jones and Morgan Freeman have influenced how America hears the voice of truth and authority [Jan. 26]. But there were others who set the stage. We cannot ignore the influence of Southern-raised black televangelists. And even more so, James Weldon Johnson's famous poem "The Creation," which is written in the black idiom: And God stepped out on space, And he looked around and said: I'm lonely - I'll make me a world. Paul Moore, North San Juan, Calif...

Author: /time Magazine | Title: Inbox | 2/5/2009 | See Source »

...story that seemed part financial doctoral thesis and part financial thriller, Markopolos told of his years of toil on the Madoff case, with often "disastrous meetings" with SEC enforcement chiefs. It was in 2005 when Markopolos wrote his now famous and lengthy report detailing Madoff's giant Ponzi scheme and pointing out 29 red flags. He sent it to the SEC, and nothing happened. But when he finally met the SEC's Boston branch chief, Mike Garrity, who had a willingness to "think outside the box," he felt some hope...

Author: /time Magazine | Title: A Madoff Whistle-Blower Tells His Story | 2/4/2009 | See Source »

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