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...last 30 days, Picard has filed six major lawsuits, many against Madoff's largest feeder funds. The combined suits ask for the return of over $10 billion in fraudulent profits. Picard's complaints allege the people running the funds "knew or should have known" Madoff was a fake, simply based on the exorbitant, non-stop returns they received. Suits have been filed against Walter Noel's Fairfield-Greenwich Group, which withdrew $3.2 billion since 1995, Jeffrey Picower's funds, totaling $6.7 billion withdrawn, and against Stanley Chais, whose funds took out over $1 billion since 1995. (See pictures...

Author: /time Magazine | Title: Irving Picard at Center of Post-Madoff Storm | 5/30/2009 | See Source »

...kissed the gun. I have no idea why - I never knew her, never even saw her before that night. I have no idea who she was or what her agenda was ... There is no case. She killed herself." - on the murder of Lana Clarkson. He went on to refer to the Los Angeles district attorney's case as "anatomy of a frame-up" (Esquire, July...

Author: /time Magazine | Title: Phil Spector | 5/29/2009 | See Source »

...chic Chicago townhouse. He had overdosed on heroin and GHB (a party drug that is also used as a date-rape drug), according to his two panicked friends. The friends were high too, and afraid to call 911, so they called Bigg instead, whom they knew from Chicago Recovery Alliance's needle-exchange program...

Author: /time Magazine | Title: Do DIY Anti-Overdose Kits Help? | 5/29/2009 | See Source »

...fours, snake eyes, every possible combination of the dice. Some people called out requests and Demauro managed to fulfill them. Players from the nearby blackjack table came over to watch, and then came the casino executives, or as she describes them, "men in dark suits." Demauro and her audience knew they would never witness anything like this again. "There was a woman there, and we happened to catch each other's eyes," Demauro says, "She smiled at me, and I smiled and said, 'I don't know how to play the game...

Author: /time Magazine | Title: Holy Craps! How a Gambling Grandma Broke the Record | 5/29/2009 | See Source »

...This is reducing the artistic legacy of a man to a fixed sum to be paid off," says Stephan Martell, who worked as Marceau's musical director. "For those of us who knew Marcel and how he lived his life and art as one, this random dispersal of his possessions is very painful...

Author: /time Magazine | Title: Marcel Marceau's Not-So-Silent Auction | 5/27/2009 | See Source »

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