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...considered Playboy (which would have been called Stag Party if not for a copyright snafu) a liberating force for both sexes. But naturally, some women questioned whether swapping aprons for lingerie constituted a net gain. After some 300 protestors organized by a Chicago women's group picketed the Playboy mansion in 1970, a female secretary leaked to the press a memo that underscored Hef's antipathy toward "militant feminists": "What I'm interested in is the highly irrational, emotional, kookie [sic] trend that feminism has taken...these chicks are our natural enemy. It is time to do battle with them...

Author: /time Magazine | Title: Mr. Playboy | 10/9/2008 | See Source »

...also clung to impossible double standards. If one of the girls he was juggling arrived home while he was otherwise engaged, his staff would cut the music piped into the mansion to alert him of her approach. Hef wanted his consorts to be spotlessly faithful, but when one of them insisted he do the same, the publisher would "stomp his feet and beat his pipe on the table and turn purple in the face...

Author: /time Magazine | Title: Mr. Playboy | 10/9/2008 | See Source »

...Puritan roots are deep," Hef told TIME. "We're fascinated by sex and afraid of it." Hefner didn't seem skittish; he indulged in it at every chance he got. Life at the mansion was lavish and lascivious-a Puritan's ninth circle of hell. Strolling grounds populated with imported squirrel monkeys, flamingos and llamas, dotted with waterfalls and full of celebrities, Peter O'Toole said: "This is the way God would have done it if he had the money." Adds a guest: "It was like going to some infant's paradise, where you could eat all the candy...

Author: /time Magazine | Title: Mr. Playboy | 10/9/2008 | See Source »

...exchange and almost half the total volume of international equities are traded in London, more even than New York, its only remaining rival as the world's financial capital. Hedge funds piled into Mayfair on the heels of private-equity players. Any self-respecting Russian oligarch has a Knightsbridge mansion, sends his kids to élite private schools and has listed his company on the London Stock Exchange. Affluent Chinese, Indians, Middle Easterners and many others are not far behind...

Author: /time Magazine | Title: London's Gathering Storm | 10/9/2008 | See Source »

...politicians like to refer to as "light-touch" regulation (although bankers and regulators cringe at that phrase; they prefer to call it "appropriate" regulation). In June 2007, just days before he replaced Tony Blair as Prime Minister, Brown gave a rousing speech at the traditional black-tie dinner in Mansion House, the residence of the Lord Mayor of the City, brashly predicting "an era that history will record as the beginning of a new golden age for the City of London...

Author: /time Magazine | Title: London's Gathering Storm | 10/9/2008 | See Source »

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