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...virtue of Mexico's cultural diversity. Demonizing arranged marriages is the latest portrayal of Indians as savages that has continued during five centuries since the Spanish conquest, says Ximena Avellaneda of the Rosario Castellanos Women House. "Why do Americans attack an arranged marriage between Triquis and say nothing about million-dollar marriage contracts between Hollywood stars?" she says. "Relationships between teenagers are also common in many communities, not just among indigenous people...

Author: /time Magazine | Title: Selling Brides: Native Mexican Custom or Crime? | 2/1/2009 | See Source »

...Turns out it didn't. All it was going to take was a worse-than-average recession - and it looks as though we've got one - and many banks, including a number of the biggest ones, were bound to fail. The shockingly poor lending standards - housekeepers being approved for million-dollar mortgages - have only hastened their demise. "This crisis needs to be understood as something that has developed over the past decade," says Joseph Mason, a finance professor at Louisiana State University's E.J. Ourso College of Business. "This isn't just one black swan. It's a bunch...

Author: /time Magazine | Title: Why Your Bank Is Broke | 1/31/2009 | See Source »

...fortnight, and then it went up to $400," he explains. "The money was deposited at the local Elektra [a chain store that provides low-cost banking]". His modest wage shows how many cartel foot soldiers such as Cobo live a world apart from the extravagant kingpins with their million-dollar mansions and fleets of luxury cars, but it was still five times the country's minimum wage. And it's the swelling of the narco armies with tens of thousands of low-paid recruits that helps explain the scale of the bloodshed here, with more than 5,300 drug-related...

Author: /time Magazine | Title: Confessions of a Mexican Narco Foot-Soldier | 12/26/2008 | See Source »

...their designer suits and million-dollar salaries, most coaches have less power than many fans realize. "It's often said that the NBA is a players' league," notes Van Gundy, who was fired in 2007 after a relatively long run of four years as coach of the Rockets. "What's left unsaid is that it's also a league about the guys who pick the players, the general managers." Not only do they make most of the big player decisions on trades and free-agent signings, but they also get a lot more face time with the people who sign...

Author: /time Magazine | Title: The NBA's Epidemic of Fired Coaches | 12/17/2008 | See Source »

...enrapture an audience. The greatest drama of all can take place on the stage of the human face.As Nixon’s antagonist, Frost, Sheen does an admirable, if overshadowed, job. At the film’s start, he plays the television personality to perfection, sporting an ever-present million-dollar smile. By its end, Sheen reveals a Frost transformed from entertainer to thinker, a man who has come to take himself seriously after confronting serious issues.Sheen and Langella are supported in the film by Matthew Macfadyen as Frost’s straight-man producer John Birt...

Author: By Yair Rosenberg, CONTRIBUTING WRITER | Title: Frost/Nixon | 12/12/2008 | See Source »

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