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Speaking of keeping your money and your organization's money with him, were you worried that revealing your personal entanglement would subject you to a lawsuit or otherwise jeopardize your professional integrity? No. Hadassah had a private advisory board, and it was a group of four or five men who were top professionals in their field. They always reviewed the investments. I sat on the board without a vote, and there was never a time when I had the overall say on any type of investment decision without them. In addition, Hadassah remained with Bernie 11 years after I left...

Author: /time Magazine | Title: Bernie Madoff's Mistress Speaks | 8/26/2009 | See Source »

...story of the Monuments Men better known? They weren't a big group. There were 12 Monuments Men on the ground by the time of the landings on Normandy. By the end of the war, there were fewer than 60 in the field. Most of them didn't know each other because they were just so spread out geographically. There was never a cohesive unit. They never had a patch. They were sublet to whatever army they were with. And at the end of the war I think they came back and they just got lost...

Author: /time Magazine | Title: Saving Europe's Art from the Nazis | 8/25/2009 | See Source »

...million, which includes $24.4 million in charges associated with the closing of Ruehl, in the second quarter. During the same period in 2008, Abercrombie scored a $77.8 million profit. "Abercrombie has mismanaged this economic downturn more than any other retailer," says Britt Beemer, CEO of America's Research Group, a retail consulting firm. (See TIME's photos of stores that are no more...

Author: /time Magazine | Title: Abercrombie & Fitch: Worst Recession Brand? | 8/25/2009 | See Source »

...Naturalized Citizens' Association of Japan, Arudo Debito - a naturalized Japanese citizen born David Aldwinckle - has officially protested the Mr. James campaign with a letter to McDonald's Corp. headquarters in Illinois. Soon after the ads started to roll out, somebody set up an "I hate Mr. James" Facebook group, which now has 67 members. (See the top 10 tasteless commercials...

Author: /time Magazine | Title: Not Everyone Is Lovin' Japan's New McDonald's Mascot | 8/25/2009 | See Source »

...been proved to have been an active-duty Libyan intelligence operative, there's still no certainty in the Western intelligence community over whether the original decision to attack Pan Am 103 originated in Tripoli, or whether Libyan intelligence was subcontracting on behalf of Iran or a Syrian-backed Palestinian group...

Author: /time Magazine | Title: Why the West Will Be in no Rush to Lift Libya Sanctions | 8/24/2009 | See Source »

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