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...their recipes to magazines. Indeed, Russian liquor store shelves and supermarkets now stock a product that uses the appeal of bootleg as its selling point. "I talked to my friends about my idea for sometime and we came to the conclusion that making samogon, would be a great business model," says Nikolai Poluetkov the manager of Kosogorov Samogon, which calls itself the first moonshine to have a license. "We spent 2003 looking for recipes. We found one that worked made from grape and in 2004 we launched our product." Kosogorov, which is bottled in a factory and tested by safety...

Author: /time Magazine | Title: Russia's Artisanal Moonshine Boom | 2/15/2009 | See Source »

...Experts have pointed to a $30.6 billion deal between Merrill Lynch and the Lone Star group of private-equity funds as a model for the new government plan. Lone Star purchased that amount of Merrill Lynch's portfolio of asset-backed securities, and Merrill Lynch reduced Lone Star's risk by financing three-quarters of the purchase. Therefore, Lone Star had limited risk, which is similar to the way funds would have limited risk buying bad securities with government backing. But the most important part of the deal was not Lone Star's risk; it was the price. Lone Star...

Author: /time Magazine | Title: A Better Bank Fix: Cut Every Mortgage's Principal | 2/13/2009 | See Source »

...years ago, he proposed a referendum to modify the constitution to allow him to seek unlimited re-election and better implant his version of “21st-century socialism”. He argued that the Venezuelan constitution constrained his grip on power in a way that prevented his model society from coming to fruition...

Author: By Pierpaolo Barbieri | Title: Voting Democracy Away | 2/13/2009 | See Source »

...most negative trend is that we designers forget that a dress or suit is not necessarily going to be worn by a professional model who is 6 ft. [183 cm] tall. We often forget that fashion should be designed for real people who live real lives...

Author: /time Magazine | Title: 10 Questions for Giorgio Armani | 2/12/2009 | See Source »

...wrap meets neither the bread nor the positioning requirements (bread, filling, bread, top to bottom) that make up a sandwich.” As exam period delirium intensified, the list exploded and the house divided into sandwich radicals, liberals and purists. The purists accepted only the traditional two-slice model; they held the ‘wich up to the triangle test—if it could be cut into a triangle, it was good enough to be called a sandwich. The moderate liberals rejected the wrap and its cylindrical cousins (the burrito and the spring roll), but accepted...

Author: By Rebecca A. Cooper, CRIMSON STAFF WRITER | Title: That's a Wrap: The Truth Behind the Great Sandwich Debate | 2/12/2009 | See Source »

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