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...This holiday season, Log lore has a new wrinkle: Chicago-based cable network WGN America has re-recorded a new version of the holiday classic for broadcast nationwide. Yule Log: The Golden Age of Christmas promises nine hours of freshly filmed, high-definition Yule Log merriment, from the office fireplace of former Tribune Co. President Colonel McCormick, accompanied by recordings of classic radio shows - including rarely-heard radio versions of holiday classics A Christmas Carol and It's a Wonderful Life (featuring Jimmy Stewart and Donna Reed reprising their film roles...

Author: /time Magazine | Title: The Yule Log | 12/25/2008 | See Source »

...seems to me that many of Madoff's fund-raising generals-many close friends who were unlicensed to trade securities-down the line must have been given strict commands to avoid using the Madoff name. These generals ran many of Madoff's complex network of domestic and international feeder funds, which in turn created their own sub-funds. It was into these sub-funds many private investors, foundations, schools and other endowments poured their life savings. From the super wealthy, like Mort Zuckerman, to schmoes like me, the victim-cry is: Who the hell is Bernie Madoff? Had we known...

Author: /time Magazine | Title: Who Is Bernie Madoff? Many Investors Didn't Ask | 12/23/2008 | See Source »

Retail sales may be sluggish this holiday season, but aside from theft, there's at last one ultra-cheap way to put more presents under the tree. Organizers behind the massive online freebie network known as Freecycle.org say that they have noticed a surge in new users looking for hand-me-downs and raw materials being given away on the nonprofit site, which has more than 6 million members around the globe. "People used to ask others in the network for luxury items," such as laptops and other high-tech gadgets, says Michelle Martinez, a Freecycle volunteer who oversees...

Author: /time Magazine | Title: Psst, Santa, Have Your Elves Heard About Freecycling? | 12/20/2008 | See Source »

...give away a used bed. But that initial gang of recyclers are now joined by more than 4,600 local Freecycle groups spread out across 85 countries. A University of Iowa study analyzed the average number and weight of items posted daily on the site and estimated that the network is eliminating more than 300 tons of garbage a day. (See TIME's Top 10 Green Ideas...

Author: /time Magazine | Title: Psst, Santa, Have Your Elves Heard About Freecycling? | 12/20/2008 | See Source »

...past years, the Freecycle network's busiest days have not been the ones prior to Christmas but those immediately afterward, as members have rushed to give away or exchange all the unwanted gifts they received. This year, though, Beal wonders if that pattern might be broken. "In hard times, we tend to be a little more thoughtful in our giving, and I think that will carry over to receiving too," he says. "Personally, I would love to think that this decrease in spending before Christmas leads to less excess waste that we need to get rid of afterward. It would...

Author: /time Magazine | Title: Psst, Santa, Have Your Elves Heard About Freecycling? | 12/20/2008 | See Source »

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