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...hotlines were lighting up in Greenwich, Connecticut, home to many of the financial high-rollers snared by the alleged $50 billion scam. But the deadly fallout from it was no joking matter. Only a couple of weeks after Madoff's mischief was revealed, French financier Rene-Thierry Magon de la Villehuchet killed himself in his New York City office, apparently distraught by his having lost more than a billion of his clients' (and his own family's) money to the unprecedented fraud. (See pictures of Bernard Madoff's demise...

Author: /time Magazine | Title: Suicides: Watching for a Recession Spike | 2/9/2009 | See Source »

...Goodman's "Prêt-A-Portea." Cakes and pastries designed to look like couture pieces from the Spring 2009 collections - there's a petit four resembling a Chanel purse, a mousse made to look like a Michael Kors dress and other treats inspired by Christian Louboutin, Oscar de la Renta and Thakoon - are served daily with tea from 3 p.m. to 5:30 p.m. The cost is $45 per person, $60 with a glass of champagne. 754 Fifth Avenue, at 57th Street...

Author: /time Magazine | Title: Fashion Week's Couture Tea Cakes and Other Travel News | 2/9/2009 | See Source »

...machetes, and the seeds are then scooped out by hand, placed in fermentation boxes and covered with banana leaves for three to four days. "Technology-wise, we haven't left the 18th century," says Rosenberg. "It is a process that cannot be industrialized." Silvino Reyes, who owns another hacienda, La Concepción, agrees: "Although Venezuelan cacao can sell for close to $2,500 per ton, our production level is the same as three centuries ago." That is, about 15,000 tons a year...

Author: /time Magazine | Title: Postcard from Choroní: The World's Best Chocolate | 2/5/2009 | See Source »

...going out to invited council members as late as Tuesday night. Given that vetting snafus have already tripped up some of Obama's other appointments, most notably Tom Daschle, supporters are hoping that the President doesn't get burned by another religious leader who has made controversial statements à la Jeremiah Wright or Warren...

Author: /time Magazine | Title: Obama Tries to Renew Faith in a Faith-Based Office | 2/5/2009 | See Source »

...translates into fastidiousness (think personalized menus and elaborate presentation) and food that is prepared slowly, with obvious dollops of love and care. The oven-baked chicken with veal sweetbread and mushrooms that we tried was the highlight of an eight-course set meal spread over two hours. The à la carte menu, including a wonderfully traditional Scotch broth, is similarly made for lingering over. "This is not a place to come if you are in a hurry," says Sienatra...

Author: /time Magazine | Title: A Hidden Gem in West Java | 2/5/2009 | See Source »

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