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...agreement does not affect criminal charges against Madoff, once considered the smartest man on Wall Street, but it may signal a move on the criminal-plea bargaining front, according to Coffee. "This usually means the defense side is ready to give a little," he said...

Author: /time Magazine | Title: Mary Schapiro Moves Quickly to Shake Up the SEC | 2/11/2009 | See Source »

...comment on how this committee would operate or how investors would be invited to participate, but from the recently disclosed list of 13,500 Madoff victims, there are a few ready to give their two cents, which is all they can afford...

Author: /time Magazine | Title: Mary Schapiro Moves Quickly to Shake Up the SEC | 2/11/2009 | See Source »

...stay home this Valentine's Day, nearly four times as many as in 2008. Consumers also told the company they'd share gifts with fewer friends and family members. "Your great-aunt may not get something this year," says Robert Passikoff, the president of Brand Keys. "You may not give a card to your neighbor. Valentine's Day will go back to resonating with core family and significant others. If you do that, it's easy to save...

Author: /time Magazine | Title: Shoppers Showing No Valentine's Love for Retailers | 2/11/2009 | See Source »

...Many retailers have tried creative marketing initiatives as well. "Companies are getting better and better at grabbing the customer's attention during this downturn," says Kathy Deane, the president of Tobe, a retail consultancy. For example, as part of its "We Love You" promotion, Bloomingdale's will give you a free hippie scarf if you spend $100 at one of its stores. If you spend $25 or more on a box of Godiva chocolates, you could win a trip to the company's Chocolate Decadence suite - where the chairs, walls and candles are all made out of chocolate...

Author: /time Magazine | Title: Shoppers Showing No Valentine's Love for Retailers | 2/11/2009 | See Source »

...couples can spend a full day at a museum - or at a picnic, if the weather permits. During these stressful times, people still want to huddle with their loved ones. "We won't see people saying, 'O.K., Valentine's Day has been cancelled,' " says Van Horn. "People will still give their loved ones what they deserve." Millions will be thinking pink this Valentine's Day. But can the holiday retailers stay...

Author: /time Magazine | Title: Shoppers Showing No Valentine's Love for Retailers | 2/11/2009 | See Source »

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