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...This trust, the history of success, made it as good, if not better than any investment out there. Had we-and the many other devastated investors I've talked to over the last week-heard the name Madoff perhaps we would have checked him out, seen some of the red-flags, and maybe made a different decision...

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

...More than a few northerners feel the South - supposedly the last bastion of red, patriotic values - is being hypocritical by bending over backward for Germans and Japanese at the expense of U.S. companies. To make the point, a retired GM engineer this month set up a website called boycottalabamanow.com. But southerners ask who the hypocrites really are. "When the textile industry went down in the South and we were accused of being behind the times, we didn't ask for a bailout - we just had to reinvent ourselves," says John Jeter, a South Carolina author whose family owns a small...

Author: /time Magazine | Title: Detroit's Fall Gives Power to Rival Dixie | 12/22/2008 | See Source »

Dodge makes a popular muscle car, the Challenger, that comes in Tora Red and Hemi Orange. (Hemi is car-speak for a type of engine that accelerates like a rocket). There's a shiny red one, with a big green bow on the hood, on the showroom floor in Overland Park, Kan., and sales manager Mike Sullivan is confident it will be sold - and soon...

Author: /time Magazine | Title: Selling Dodges in a Downturn: Upbeat in Kansas | 12/22/2008 | See Source »

...Gordo drawing has other beneficiaries besides the lucky winners: more than $80 million of the money collected goes to charities such as the Red Cross. The hefty payouts are thanks in part to the high price of an El Gordo ticket, or billete. One whole ticket costs about $280, although each ticket can be divided into 10 chances, or "decimos", with the same printed number, and split among several people. Every year, groups of friends, neighbors and co-workers all over the country pool resources for a chance at one of the millions of prizes. Over the course...

Author: /time Magazine | Title: The World's Biggest Lottery | 12/22/2008 | See Source »

...children. If Mulligan had an abiding interest, it was troubled youngsters on the cusp of discovering themselves by confronting the world around them. This theme occupied him from his first feature film to his last. The 1957 Fear Strikes Out gave Anthony Perkins his first lead role as Boston Red Sox star Jim Piersall, reduced to bipolar rage by a domineering parent (sort of a Psycho in Center Field). In The Man in the Moon, Mulligan's swan song in 1991, Reese Witherspoon made her film debut as a 14-year-old wracked with first love for a 17-year...

Author: /time Magazine | Title: Mockingbird Director Robert Mulligan Dies at 83 | 12/21/2008 | See Source »

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