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...Pareja, which cost $5.5 million in 1971, a sum that qualified it then as the most expensive painting in the world. He also didn't mind selling off a Van Gogh and a Rousseau to help cover the cost, which got him into a public feud with the press over the notion of museums selling their treasures to buy new ones. The controversy brought on an investigation by the New York state attorney general, who concluded in the end that, if nothing else, no actual wrongdoing was involved in the transactions...

Author: /time Magazine | Title: Thomas Hoving: The Man Who Made the Modern Met | 12/11/2009 | See Source »

...walking through New York City or a college campus, or jumping off flying books. The idea, says Lauren, is to bring a cinematic feeling to the brand's advertising images. And instead of the company's spending $1.5 million on an audience of approximately 700 members of the fashion press and department-store buyers, the virtual show will cost less than $50,000 to produce and is expected to attract more than 40 million page views...

Author: /time Magazine | Title: Will Fashion's Biggest Names Kiss the Runway Goodbye? | 12/10/2009 | See Source »

...Today not all the unforgettable photojournalism is being done by professional photojournalists. For instance, in Tehran, when ordinary Iranians rose up to protest the presidential election, the banishment of the international press made the images of citizen journalists the only ones we could see. We have a page of the best of citizen journalists' images, and you can see more of the Year in Pictures and all our superb photographers and their testimony on TIME.com...

Author: /time Magazine | Title: Richard Stengel: A Window on Momentous Events | 12/10/2009 | See Source »

...squash bagel debacle, Dartmouth President Jim Yong Kim apologized to University President Drew Gilpin Faust on Tuesday at an Ivy League Presidents’ meeting in New York. He also promises to apologize to Harvard squash player, Franklin Cohen, and his parents, according to the Associated Press...

Author: By Michelle B. Timmerman, CRIMSON STAFF WRITER | Title: Its Never Too Late to Apologize | 12/10/2009 | See Source »

...matter how many Democrats there are in Massachusetts, no matter how many independents there are, we know and I know that you never take anything for granted." - On her general-election chances (Associated Press...

Author: /time Magazine | Title: Senate Candidate Martha Coakley | 12/10/2009 | See Source »

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