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...highly touted pro Phil Ivey, who went out in seventh place, and then Begleiter. Those two knockouts came in rapid succession, and both times Moon held ace-queen, was behind at the start and then got just the card he needed. In Ivey's case, Moon faced an ace-king but won when he paired his queen. In Begleiter's case, Moon faced a pair of queens and won when he paired his ace. Says Little: "He was getting better-than-average distribution throughout the tournament," which is pro-speak for landing killer cards...

Author: /time Magazine | Title: 21-Year-Old Wins World Series of Poker | 11/10/2009 | See Source »

Read "The New King of Poker...

Author: /time Magazine | Title: 21-Year-Old Wins World Series of Poker | 11/10/2009 | See Source »

...history. Corporate raider Ivan Boesky - said to be an inspiration for the fictional Gordon ("Greed ... is good") Gekko, villain of the Oliver Stone film Wall Street - was sentenced to 3½ years in prison and fined $100 million in 1986 for insider trading. Financier Michael Milken, the "junk-bond king" who famously earned $550 million in 1987, avoided prosecution on similar charges by pleading guilty to other criminal counts. But the largest insider-trading conviction came two decades later, in 2007, when former Qwest Communications head Joseph Nacchio was convicted of selling $52 million in company stock while knowing...

Author: /time Magazine | Title: Insider Trading | 11/9/2009 | See Source »

...understand why this one went out of style. It was too often twisted into a demand - that a lady demurely contain herself, not make a spectacle, do nothing that makes a man feel like anything but a king. At least in Western cultures, that attitude did not survive the '70s and all the exuberant liberations attending. By the time the Reagan era dawned and a new Gilded Age beckoned, women were invited to swagger as much as they liked. For men and women, a global economy meant survival of the fittest, which did not involve playing down one's skills...

Author: /time Magazine | Title: The Case for Modesty, in an Age of Arrogance | 11/9/2009 | See Source »

...President is fulsome, and aides say the relationship with Obama really - really - is strong. But there are also burblings and emanations from Clinton's staff and friends, Foggy Bottom body language, that suggest there is a need for the Administration to produce a second act after the Rodney King phase. And the White House is perplexed by the uncharacteristic lack of discipline indicated by Clinton's occasional overseas gaffes...

Author: /time Magazine | Title: The State of Hillary: A Mixed Record on the Job | 11/5/2009 | See Source »

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