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...Texas, a neighbor told Holly's mother to turn on the radio. When the news report came out, she screamed and collapsed. In Greenwich Village, Buddy Holly's pregnant wife heard the news on television and suffered a miscarriage the following day, reportedly due to "psychological trauma." In the months following the crash, authorities would adopt a policy against releasing victims' names until after the families had been notified...

Author: /time Magazine | Title: The Day the Music Died | 2/3/2009 | See Source »

...Before writing off Walker as just another member of a growing Greek chorus of dispirited prognosticators, consider that he has a history of detecting worst-case scenarios before they came to pass. Back in 1995, Walker, then an economist at brokerage house CLSA, penned a report entitled It's Life, Jim, but Not as We Know It: Asia Decoupling, in which he and his team of economists warned that Asian currency regimes, if not reformed, could be susceptible to Mexico-style meltdowns in two to three years. Two years later, the region plunged into the 1997 Asian crisis, which...

Author: /time Magazine | Title: Pundit: China's Economic Growth Could Stop | 2/3/2009 | See Source »

...latest chapter in the blood sport between the two executives is a report that Bank of America was aware of $5.8 billion in bonuses going B of A and Merrill employees. Lewis had hinted that he was a bit in the dark about the arrangement. (See pictures of the global financial crisis...

Author: /time Magazine | Title: Destroying Bank of America While Saving It | 2/3/2009 | See Source »

...Bible. The second comment gushed over Michelle Obama’s frock from the night before. The third attacked the chief justice for not employing a three-by-five card the first time around. Something had stirred within me from the moment I encountered the story on the Drudge Report, but these initial rapid-responders intimated that perhaps the moment was simply insignificant...

Author: By Eric B. Lomazoff | Title: An Oath “Faithfully” Reenacted | 2/3/2009 | See Source »

...implementation of a recent report of the Faust-chartered University-wide Task Force on the Arts was also discussed in light of the current financial crisis. Faust indicated that only certain parts of the report would go forward at present...

Author: By Brittany M Llewellyn and Eric P. Newcomer, CRIMSON STAFF WRITERSS | Title: Faust Addresses UC Meeting | 2/3/2009 | See Source »

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