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Word: moneyitis (lookup in dictionary) (lookup stats)
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...governor of New Jersey), Blankfein was selected to run J. Aron. His appetite for risk quickly surfaced. In 1995 he chided his fellow partners for being too risk-averse and promptly left a conference room where they were meeting to place a multimillion-dollar bet with the firm's money that the dollar would rise against the yen. Blankfein's bet - one of his favorites - paid off, and he impressed his partners as a prudent risk taker. He would do the same thing - exhort them to take greater risks - 10 years later and then persuade them to reverse course after...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

...bought a tony $27 million Manhattan apartment at "Wall Street's new power address," as the New York Times called it, 15 Central Park West. He also owns a 6,500-sq.-ft. (600 sq m) home in Sagaponack, N.Y., near the ocean. (See pictures of expensive things that money...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

...aesthetic plastic-surgery decisions, Tyra Banks. And while our triage will shorten some lives, we'll lengthen and improve many more. But if Americans would rather take a phony moral high ground instead of admitting that there are a limited number of organs, specialists, equipment, medicine and money, then I'll have to live with not being a panelist. And to make myself feel better, I'm going to use my health insurance to see an acupuncturist, a chiropractor, a psychologist and a Pilates instructor...

Author: /time Magazine | Title: Joel Stein: If I Ran the Death Panels | 8/31/2009 | See Source »

...rich fantasy life is important, but a fantasy life that drains your riches is, in this particular economy, perhaps not the greatest idea. And yet there you are - if you count yourself among the millions of Americans who indulge in fantasy football - spending your hard-earned money and precious time pretending to be an NFL general manager. Tom Brady is not really on your team, my sweet - dare I say deluded? - friend. Your draft decisions don't affect reality. They only, sadly, bore your nonfantasy friends...

Author: /time Magazine | Title: Fantasy Football: Is It Going to Our Heads? | 8/31/2009 | See Source »

...Part of the jollies of fantasy sports is you get to stick it in the face of your buddies," says Tom Harkins, president of FantasySportsTrophies.com whose sales have risen 50% during the downturn. "That trophy says, I know more than you." It also says, I know how to spend money on stupid stuff...

Author: /time Magazine | Title: Fantasy Football: Is It Going to Our Heads? | 8/31/2009 | See Source »

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