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...same exponential multiplication of funds that makes a Ponzi scheme impossible to sustain also means that, at first, it makes you very rich, very fast. "The financial payoff is so much larger," says Minnesota-based forensic psychologist Steven Norton. "The money comes in, the power comes in and that pushes them." What's more, says Galieti, the pyramid structure of a Ponzi scam means that there can be only one person at the pinnacle - an appealing idea for a narcissist who would just as soon not work invisible frauds inside a big investment bank...

Author: /time Magazine | Title: Putting Bernie Madoff On The Couch | 12/31/2008 | See Source »

...helps too, Norton says, if while you're picking your investors' pockets you can also convince yourself that you're justified in doing so. Maybe you grew up poor; maybe you've been cheated yourself. Or maybe, as with Madoff, the phony dividends you're paying are initially benefiting charitable foundations. You're actually doing the groups a lot of good - at least until you bankrupt them...

Author: /time Magazine | Title: Putting Bernie Madoff On The Couch | 12/31/2008 | See Source »

After Photography By Fred Ritchin Norton; 199 pages

Author: /time Magazine | Title: The Future of Photography | 12/18/2008 | See Source »

...relatively conservative Democrat, typical of the new centrist Western wing of the party, Salazar voted in favor of President George W. Bush's Interior Secretary nominee Gale Norton, who has been roundly criticized for her mismanagement of the beleaguered department. He also supported his friend Alberto Gonzales for U.S. Attorney General, even escorting Gonzales into the U.S. Senate on the first day of his nomination hearings. Although Salazar has since said that he was wrong to support Gonzales, who eventually stepped down after being accused of politicizing the Justice Department, his critics view the votes as evidence that the Coloradoan...

Author: /time Magazine | Title: Salazar at Interior: For Greens, Not a Dream Choice | 12/18/2008 | See Source »

...social realism, which “was charged with the task of constructing representational scaffolding for the projected reality awaiting Soviet citizens,” curator Anna Wexler Katsnelson wrote in the pamphlet accompanying the exhibit. The idea for this exhibit was conceived ten years ago as Norton T. Dodge, who received his Ph.D. in Economics at Harvard in 1960, began a conversation with the director of the Davis Center, Tim Colton. After traveling to Russia in 1955, Dodge developed a strong interest in nonconformist art and began collecting and preserving a body of work that now numbers more than...

Author: By Erika P. Pierson, CRIMSON STAFF WRITER | Title: Davis Center Exhibits 'The Art of Subversion' | 12/12/2008 | See Source »

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