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...began with home mortgages in the '80s, when lenders began bundling thousands of mortgages into a single unit that then issued bonds and used the steady stream of mortgage payments to pay interest. Wall Street now "securitizes" everything from credit-card receivables to anticipated beer sales at Britain's Punch Taverns...

Author: /time Magazine | Title: The Real Price Of Fame | 8/17/1998 | See Source »

BILLY "BALDY" CORGAN AGE: 31 OCCUPATION: A Smashing Pumpkin BEST PUNCH: Said Love had turned the situation into an ugly incident because "she's embarrassed that she needed someone to help...

Author: /time Magazine | Title: People: Aug. 17, 1998 | 8/17/1998 | See Source »

COURTNEY "GIMME" LOVE AGE: 33 OCCUPATION: Singer, glamorized grungess BEST PUNCH: Said it was "silly and sexist" that Billy Corgan was being given so much credit for his work on her band Hole's latest album, Celebrity Skin...

Author: /time Magazine | Title: People: Aug. 17, 1998 | 8/17/1998 | See Source »

...beat me to the punch with the age question. I swear he almost fell off the ledge of his truck when hearing "almost 20." It would be interesting to find out his low ball estimate. He was 21. How perfect, someone my own age. Why, we should have lots in common...

Author: NO WRITER ATTRIBUTED | Title: POSTCARD FROM NEW ROCHELLE | 8/14/1998 | See Source »

...television is having tiny people entertain you. "I think there should be openings for food and water so that it's as if you could actually feed the tiny people. 'Hello, tiny people! It is time for supper! Feast! Feast!'" But while she wanders to that punch line, she takes some rest stops to chat with her hand, as if it were a puppet. "You'll notice it," she says, "because I very cleverly turn to the side." The hand says, "Shut up! Tell your joke...

Author: /time Magazine | Title: Funny: The Next Generation | 8/10/1998 | See Source »

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