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...rising?) and came to the chilling conclusion that collapse was inevitable. Lewis takes us inside the investment banks and ratings agencies to demonstrate that no one had any idea what they were actually doing. And with the money flowing so easily, no one particularly cared. When the world goes mad, there are always a few voices of reason. In one of the best books about the crisis so far, Lewis shows the consequences of not listening...

Author: /time Magazine | Title: The Skimmer | 3/29/2010 | See Source »

...Rupert Murdoch's Times of London, the Financial Times and the Guardian - and consistently loses about $15 million a year. Lebedev, whose first experience in London was as a KGB agent in the 1980s, offered a characteristically enigmatic response: "Well, either I am a Russian spy, or I am mad, or I believe you can make money out of newspapers...

Author: /time Magazine | Title: Can a Former KGB Agent Save London's Independent? | 3/27/2010 | See Source »

...said. Blumenthal's putative offense had been to accuse O'Keefe in an article for Salon.com of attending a gathering that featured "white nationalists." All these outbursts were captured on cell-phone cameras wielded by members of competing camps. The videos went viral. The attack dog had become a mad dog. (See the 25 best blogs...

Author: /time Magazine | Title: Citizen Breitbart: The Web's New Right-Wing Impresario | 3/25/2010 | See Source »

...film’s opening scene recounts, the bog first achieved fame when a cow, after being buried in the bog for months, reemerged and gave birth to a calf with two heads, one of a calf and the other human. The beast subsequently incited a plague of mad cow disease and took the lives of the town’s unborn children until it was finally submerged back into the bog. Unfortunately, the film’s shortcomings don’t vanish quite so readily. While “Terribly Happy” boasts an interesting premise...

Author: By Paula I. Ibieta, CONTRIBUTING WRITER | Title: Terribly Happy | 3/23/2010 | See Source »

...first NCAA men's basketball tournament, held back in 1939, had only eight teams. What a boring bracket. America's obsession with college basketball has helped the tournament, more colloquially known as March Madness, grow into a 65-team sports celebration. Every year die-hard fans and clueless cubicle dwellers alike navigate the maze of March Madness seeding brackets trying to predict the winner in their office pools. Last March, President Obama's bracket received as much scrutiny as his economic policies. The tournament season has grown so mad, in fact, that a cottage industry has sprouted around...

Author: /time Magazine | Title: Brief History: Bracketology | 3/22/2010 | See Source »

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