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When the collapse inevitably happens, someone like Madoff is so drunk on the power and the wealth and the illusion of do-gooding that he truly may not have seen it coming. "There was no living in the future," says Galieti. That's just as well. For a 70-year...

Author: /time Magazine | Title: Putting Bernie Madoff On The Couch | 12/31/2008 | See Source »

After the worst of the violence, Odinga and Kibaki created a coalition government, leaving Kenyans to wonder what they had been fighting for. On Monday, the Kenyan Red Cross said it was still feeding 250,000 people and that at least 100,000 were still living in refugee camps, now...

Author: /time Magazine | Title: Will Kenya's Election Violence Recur? | 12/30/2008 | See Source »

Terkel, who was often praised as the consummate listener, didn't just arrive at someone's front door and say, "Tell me about yourself." He carried on a conversation. Terkel didn't let people off the hook. In Division Street, a 19-year-old man who had left the hills...

Author: /time Magazine | Title: Studs Terkel | 12/29/2008 | See Source »

Automobiles "R" Still Us As someone who has chosen to return to Detroit after living in New York City and San Francisco, I am offended by the media stereotype of Rust Belt workers left behind in a city of gloom [Dec. 15]. It seems easy to rationalize abandoning the car...

Author: /time Magazine | Title: The Road to Mumbai's Tragedy | 12/29/2008 | See Source »

Nevertheless, the Gongs' living standards don't exactly fit into the Chinese definition of frugality. They live in a cozy two-bedroom apartment in downtown Dagang and drive to work every day in a Kia Cerato that, according to Gong, about 70% of the locals still deem a luxury. But...

Author: /time Magazine | Title: China's Consumers: Not Ready to Save the World | 12/29/2008 | See Source »

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