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Still, as much as issues like questionably advertised auctions and life-settlement deals may vex Madoff victims, going after such bottom feeders is low on their list of priorities. The auction ads "are a sad commentary," says Ronnie Sue Ambrosino, a Madoff victims' group leader in Arizona. "But we have much bigger fish...
Critics say the auctions are another example of a "marketing to Madoff victims" campaign by industries ranging from life insurance to real estate. A common agenda item for Madoff-victim groups, say their leaders, is the relentless mailings for offers like life settlement or selling a life-insurance policy to a third party for a profit. (See TIME's Wall Street covers...
...Other candidates might not recover from such a late hiccup, but Pugh, 38, has spent much of his life defying the odds. He grew up in one of Detroit's hardscrabble neighborhoods. His mother was murdered when he was 3 years old, and then, four years later, his father, an auto-plant worker, committed suicide. After being primarily raised by a grandmother, Pugh got a ticket out of Detroit with a scholarship to the University of Missouri's journalism school. He then built a successful television-reporting career in Indiana and Virginia before joining the local Detroit Fox News affiliate...
...Succeeding is going to take all the smarts that earned the Brooklyn-born son of an exterminator a 1600 on his college SATs and the political wiles that, as head of the Democratic Senatorial Campaign Committee, helped him recruit pro-life, pro-gun Democratic candidates such as Pennsylvania's Bob Casey and Jim Webb of Virginia. For the past month, Schumer has been directing a full-court press on the public option, cajoling Reid both in private and in public. "I believe Leader Reid is leaning strongly to putting a level-playing-field, state-opt-out public option...
...similarly defends his daughter: "She is only a child, and sometimes she doesn't like to listen to an adult. Life in the slums is not very easy, and she just buckles under the pressure sometimes. Maybe that's why she has not been as polite as she normally...