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...flamboyant, reckless." Their partnership didn't last a year. He says Rajaram was fired in June 2004 because of erratic behavior, including joining conference calls while inebriated and missing client meetings. Despite this, Robinson, CEO of Outpost Entertainment Inc., says he remained friends with Rajaram, though the two hadn't spoken since 2005. "He could have called me. I would have been there for him. He had a lot of resources to turn...

Author: /time Magazine | Title: Murder-Suicide in California: A Tragedy of the Financial Crisis? | 10/8/2008 | See Source »

...Huelle hadn't done anything wrong - she never missed a payment, and her credit score was unchanged - but tighter lending standards across the board meant the safety net she'd counted on for emergencies (a dog-dryer breakdown, say) was suddenly that much smaller. Now, as a precaution, she's cutting outlays, including the money she spends on inventory. "The banks are looking at everyone with a fine-tooth comb," she says. "In terms of the consumer, they're not going to have the same selection or quantity they would have otherwise...

Author: /time Magazine | Title: The Credit Crunch Comes to Main Street | 10/3/2008 | See Source »

...mail from a reader late last week with a bunch of very good questions about the bailout bill. I hadn't quite finished answering them when it was voted down in the House Monday. But since some version of the plan is likely to be resurrected later this week, I figured I should go ahead and finish...

Author: /time Magazine | Title: 18 Tough Questions (and Answers) About the Bailout | 9/30/2008 | See Source »

...couple of days, from one rapturous audience to another, including the crowd at a community-service event for soldiers, at which an Iraq-war veteran introduced her by announcing, "Ma'am, I know you weren't in the military, but I'd follow you anywhere." If all that hadn't quite convinced me (it was the Democratic Convention, after all), I'd guess it took roughly the first 30 seconds of our interview for me to fall for her. It happened when I asked whether she gets bored giving the same speech over and over, and she cheerfully replied, "Yeah...

Author: /time Magazine | Title: What Michelle Obama Would Bring to the White House | 9/27/2008 | See Source »

...recalcitraint Republicans. Sarah Palin had told Katie Couric that failing to take action could create another Great Depression - alas, you missed a great interview, which you can catch up on here - but McCain had never committed to support the Administration's plan. When asked, he had claimed he hadn't read it, even though it was only a few pages long...

Author: /time Magazine | Title: Oh, the Drama! McCain in the Theater of the Absurd | 9/27/2008 | See Source »

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