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...beyond recognition. His cocoa skin was gradually blanched into a geisha's pancake white - the result, doctors said, of the pigment-depleting disease vitiligo. Except when camouflaged by makeup in videos - he even wore it to bed, said ex-wife Lisa Marie - or cavorting as a speck onstage in giant arenas, he retreated to his palatial Neverland estate near Santa Barbara, Calif., and became the world's most reclusive exhibitionist...

Author: /time Magazine | Title: The Battle Over Michael Jackson's Legacy | 7/2/2009 | See Source »

...level it had reached 10 years ago. "Gross overspending and fiscal irresponsibility will not be tolerated by the people of California," says Senate Republican Leader Dennis Hollingsworth. Liberals, however, see this as an attack by the right on the public infrastructure that helped make California an economic giant, and an act of war against the poor and minority populations in particular...

Author: /time Magazine | Title: California's Budget Crisis: Is There a Way Out? | 7/2/2009 | See Source »

...fields - some of the world's biggest - virtually all the 41 foreign companies invited to bid by the Iraqi government balked at the Baghdad terms. The only contract signed was a 20-year deal for a consortium led by BP and China's National Petroleum Corporation to develop the giant Rumaila field in southern Iraq. "Frankly I did not think it would be such a fiasco and embarrassment for the government," says Rochdi Younsi, Director of Middle East and Africa for the Eurasia Group in Washington. "It shows the level of disconnect between the Ministry...

Author: /time Magazine | Title: The Reasons Behind Big Oil Declining Iraq's Riches | 7/2/2009 | See Source »

...Walkman wasn't a giant leap forward in engineering: magnetic cassette technology had been around since 1963, when the Netherlands-based electronics firm Philips first created it for use by secretaries and journalists. Sony, who by that point had become experts in bringing well-designed, miniaturized electronics to market (they debuted their first transistor radio in 1955), made a series of moderately successful portable cassette recorders. But the introduction of pre-recorded music tapes in the late 1960s opened a whole new market. People still chose to listen to vinyl records over cassettes at home, but the compact size...

Author: /time Magazine | Title: The Walkman | 7/1/2009 | See Source »

...from China. Officials took us on a tour of the local hospital, a disturbing den of dank hallways and archaic equipment, and a department store offering a sparse selection of packaged food and clothing that looked like 1950s leftovers. After dark, students gathered at the foot of Sinuiju's giant statue of Kim Il Sung, the country's founding father, to finish their homework. With little electricity in the town, the spotlights pointed at the statue were one of the few sources of light. The North Koreans escorting us were so out of touch with the outside world that they...

Author: /time Magazine | Title: North Korea's Other Crisis: An Economy in Tatters | 6/30/2009 | See Source »

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