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Nowhere was that more true than in the ill-conceived investment to turn the twinned 11,000-unit middle-class housing complex known as Stuyvesant Town and Peter Cooper Village, built originally to accommodate World War II veterans, into luxury housing, for which limits on yearly rent increases are chucked in favor or whatever the market will bear. The prospectus offered by the lead investors, Tishman Speyer and Larry Fink's asset-management fund BlackRock, imagined evicting 50% of rent-regulated tenants in just a few years. But tenants fought back and won in a court decision that also undercut...

Author: /time Magazine | Title: Should Private Equity Invest in Residential Real Estate? | 1/20/2010 | See Source »

...wonders Graf, who says he sees about one case every few weeks, mostly in women. He suspects that men are less likely to be affected because they are less vulnerable to autoimmune disorders than women, but says the truth is that no one really knows why certain users become ill. Zhu and Graf urge users who are suffering from fever or unexplained infections to seek medical help immediately - the sooner agranulocytosis is treated, the greater the odds of survival...

Author: /time Magazine | Title: A Common Cut in Cocaine May Prove Deadly | 1/20/2010 | See Source »

...Doty, SYCAMORE, ILL...

Author: /time Magazine | Title: 10 Questions for Jason Reitman | 1/18/2010 | See Source »

...Paszczyk, TINLEY PARK, ILL...

Author: /time Magazine | Title: Inbox | 1/18/2010 | See Source »

...could bring down Florida politicians as well as investors - because Rothstein funneled millions of his allegedly ill-gotten dollars to pols and parties, especially the state's GOP, often in ways that may have violated campaign-finance laws. (Prosecutors allege, for example, that he laundered political contributions through large bonuses that he paid to members of his law firm, which has since collapsed.) Florida political analyst Sean Foreman of Barry University in Miami doesn't think the scandal will cause much fallout for those, like Crist, who have returned the money in a timely fashion. (Since Rothstein's indictment last...

Author: /time Magazine | Title: Florida's Mini-Madoff: Scott Rothstein's Fall | 1/18/2010 | See Source »

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