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From there, the ultra-rich fan out. The length of time that one has had a fortune will probably shape one's behavior. Apprentices (five years or less of experience with moola) are cautious and self-conscious; journeymen (six to 14 years) have gotten used to their millions and learned to buy expensive toys; masters (15 years plus) have learned to steer their portfolios and amass greater sums. In addition, there are at least five different wealth personalities, from wrestlers, who are conflicted about their exalted financial status, to directors, who feel they've earned every penny, thank...

Author: /time Magazine | Title: Business Books | 8/28/2008 | See Source »

...similar moment with Manny at the 1990 Telluride Film Festival, where he received a life achievement award that I was asked to present to him. I'd gotten to know him in the '70s when, as editor of Film Comment magazine, I'd run some of the last pieces he'd write in a 35-year spell of movie criticism, before he devoted full time to his art work and teaching at the University of California, San Diego. So I was aware that this Arizona native could be as courtly as a ranchhand in church; also that he wasn...

Author: /time Magazine | Title: Manny Farber: Termite of Genius | 8/26/2008 | See Source »

...Obama spokesman Dan Pfeiffer insisted that relations between the key players on the two staffs have been good, even if some residents of the outer planets haven't gotten with the program. By historic measures, Team Clinton came out of the peace negotiations with a respectable win: it got two of the four convention nights (Hillary will speak on Tuesday, Bill on Wednesday) and language in the party platform denouncing the press for its sexist coverage. Campaign officials are still working out the choreography of a roll call vote and how exactly Clinton will release her delegates to vote...

Author: /time Magazine | Title: How Healed is Hillary? | 8/26/2008 | See Source »

...goon. Bryant whaled, to no avail. Play on. "They tried to rattle us up out there," says Carmelo Anthony, who scored 21 points on a perfect 13-13 from the free throw line. "We did a hell of a job keeping our composure. I'm glad - it could have gotten ugly...

Author: /time Magazine | Title: US Hoops Shows How to Win Ugly | 8/22/2008 | See Source »

...think that the ideological battles of the '60s have continued to shape our politics for too long," Obama told TIME. "The average baby boomer, I think, has long gotten past some of these abstract arguments about Are you left? Are you right? Are you Big Government? Small government? You know, people are very practical. What they are interested in is, Can you deliver schools that work...

Author: /time Magazine | Title: The Five Faces of Barack Obama | 8/21/2008 | See Source »

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