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Paul Shaffer is finally stepping out in front. Before landing the gig as David Letterman's bandleader and sidekick on Late Night (now called Late Show) in 1982, the native Canadian navigated a long, winding path to fame: from playing music in Toronto strip clubs to joining the original Saturday Night Live band and cast in the '70s - and along the way co-composing the Weather Girls' hit "It's Raining Men" and starring in a short-lived sitcom. His memoir, We'll Be Here the Rest of Our Lives, is chock-full of tales from the 59-year...

Author: /time Magazine | Title: Letterman Bandleader Paul Shaffer | 10/7/2009 | See Source »

...Late Show something you want to stick with? What are your upcoming ambitions? Certainly I'm going to stick with it for as long as we continue to do it. After that I think I can just lie down. I want to learn to sight-read music. And to play the bass pedals on the organ. Those are my only ambitions...

Author: /time Magazine | Title: Letterman Bandleader Paul Shaffer | 10/7/2009 | See Source »

Read "Letterman Brings Sex and Extortion to Late Night...

Author: /time Magazine | Title: Letterman Bandleader Paul Shaffer | 10/7/2009 | See Source »

...Karma. However, the second stage includes a $359.36 million loan tied to developing and manufacturing a less expensive Fisker hybrid in the U.S., which has been dubbed Project Nina. His new company expects to build between 75,000 to 100,000 of these highly efficient vehicles starting in late 2012; the second-generation Fisker will be a relative bargain, with a price tag around $40,000. (See the 50 worst cars of all time...

Author: /time Magazine | Title: The U.S. Bets a Billion on New High-Tech Automakers | 10/7/2009 | See Source »

While economists and investors fret over rising unemployment and fears of a double-dip recession, investment bankers and corporate lawyers are practically giddy over a recent surge in mergers and acquisitions activity in the tech sector, replete with limos, late dinners and potentially fat fees...

Author: /time Magazine | Title: Tech Mergers and Acquisitions Coming Back | 10/7/2009 | See Source »

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