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...Pepsi and sneaker brand LA Gear, for instance, had backed him - he further lost control of his finances. Duff investments and a divorce settlement with Lisa Marie Presley helped push Jackson to increasingly use his earnings from music as collateral for loans, first from Bank of America (BoA), before Fortress Investment Group, a specialist in distressed debt, took the loans off BoA's hands. By the mid-2000s, Jackson was believed to be $270 million in debt. (See Thriller's entry on the All-TIME 100 Albums...

Author: /time Magazine | Title: What Happened to Michael Jackson's Millions? | 6/26/2009 | See Source »

...leave Iraq's major cities and towns by the end of this month, and a national referendum planned for January will probably bring forward the complete withdrawal of U.S. troops to mid-2010. The U.S. military footprint has already shrunk significantly. Even the Green Zone, once an American fortress, is now guarded mainly by Iraqis. The generals have handed off responsibility for nonmilitary duties, such as managing power stations and water supplies. "There's been a shift from a military lead in reconstruction and policy efforts to a much more civilian lead," says a senior U.S. official. A top Iraqi...

Author: /time Magazine | Title: Christopher Hill: The Negotiator | 6/22/2009 | See Source »

...possible that Gen Ed will spark some worthwhile spring-cleaning and a proliferation of creative, new courses. But, either way, upon graduation, the onus is upon students to decide what our education means as a whole—and to realize that, far from being some kind of grand fortress as its end, a Harvard degree is just one of many strange, blinking lighthouses we will sail past on the way.—Juliet S. Samuel ’09 is a Social Studies concentrator affiliated with Eliot House...

Author: By Juliet S. Samuel, CRIMSON STAFF WRITER | Title: All At Sea | 6/1/2009 | See Source »

...very unhealthy relationship. According to an in-depth 2003 Vanity Fair article, he would often have her call while touring and leave the phone off the hook so that he could fall asleep listening to her breathe. His jealousy was epic. Spector made his estate into a fortress - barbed wire, electric fences - kept a glass-topped coffin in the basement for Ronnie ("so I can keep an eye on her after she's dead") and forced her to take a Phil Spector mannequin with her when she left the house. They eventually divorced. (See pictures of the Ronettes' induction into...

Author: /time Magazine | Title: Phil Spector | 5/29/2009 | See Source »

...Control is like a Bourne film, except one in which everything goes smoothly for Jason, the workdays include a lot of napping and there's no blood, although cinematographer Christopher Doyle does regularly frame our hero against sumptuous red surfaces. At the climax, when confronted with a seemingly impenetrable fortress, instead of scaling walls and snapping necks, our hero just thinks his way inside. No fuss, no muss...

Author: /time Magazine | Title: The Limits of Control: Hitman of Your Dreams | 4/30/2009 | See Source »

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