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...Fairfield, Madoff's largest feeder, with some $7 billion invested in his mad world, was run by socialite Walter Noel. But there were dozens of others run by a variety of unregistered funds and characters, including the Ascot Partners fund, run by Ezra Merkin, and on the West Coast, the Brighton Co., run by Stanley Chais, one of three he ran. (See pictures of the demise of Bernie Madoff...

Author: /time Magazine | Title: How Madoff's Feeder Funds Stole My Retirement | 4/5/2009 | See Source »

...right to host the first- ever Midwestern Olympics, in 1904, but lost the Games to its then-rival St. Louis after that city threatened to host a competing event. For many here, the prospect of hosting the Olympics is a point of significant pride, evidence that America's third-largest city has shed its image as a blue-collar also-ran to the more urbane coastal centers. And the city's mayor, Richard M. Daley, clearly views winning the Games as a capstone of his nearly two-decade rule. "The Olympics is the No. 1 showcase on the world circuit...

Author: /time Magazine | Title: Olympics 2016: Chicago Makes Its Case | 4/5/2009 | See Source »

...number one," says Zheng Xiaoting, director and keeper of the Tianyu (which means "universe" in Chinese) Natural History Museum's collection of thousands of dinosaur fossils. Though no official records of the collection's number exist, several Chinese paleontologists echo Zheng's claim that Tianyu houses the world's largest collection of dinosaur fossils. "In 10 years' time," says Zheng, who runs the largest business in town, a lucrative state-owned gold mine, which owns the museum, "Tianyu will really put our small town on the world...

Author: /time Magazine | Title: China's Dinosaur Fossils: Vast, but Are They Real? | 4/5/2009 | See Source »

...points we track in the first quarter point to an acceleration." Banks are expected to report their results for the first few months of the year in the next two weeks. And despite positive statements from bank CEOs in recent weeks, earnings at nearly all of the nation's largest banks will likely have fallen in the first quarter versus one year ago. The one exception is Citigroup, which will probably report a loss, though less than a year ago. Citigroup's red ink this time around could washout at $1.8 billion. (Read "Citigroup's Mergers Business Is Still Thriving...

Author: /time Magazine | Title: Tempted to Buy Bank Stocks? Better Think Twice | 4/3/2009 | See Source »

Inhofe, Sen. James •doubtfulness of that global warming "really exists" is validated for by the fact that Oklahoma "had the largest snowstorm in the history of Marches three days...

Author: /time Magazine | Title: Paul Slansky's Weekly Index of the News | 4/3/2009 | See Source »

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