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...equation can work the other way around too--if parents are the ones who need cash. Maybe one of your kids has become a rock star or hedge-fund whiz. By setting up a privately funded reverse mortgage, in which your well-to-do child is the bank, you may be able to cut your loan expenses by more than 50% when you bypass the bank. Meanwhile, the house stays in the family. You also get the benefit of keeping order if you have more than one child. The one who supplements your retirement income through a reverse mortgage will...

Author: /time Magazine | Title: A Loan at Home | 3/22/2007 | See Source »

...wrote “fw: Cartoon Controversy: Shaykh Hamza Yusuf Interview.” This spurred me to research the Shaykh, an American who converted to Islam after a near-fatal car crash and founded Zaytuna. Mostly unknown in the United States, Yusuf is something of an Imam-rock star. “fw: This Saturday! - ‘Does God Love War?’ With Chris Hedges & Hamza Yusuf – Berkeley, FREE,” Ali entreated.I soon surmised that Ali planned to go on Hajj, his texts becoming increasingly religious. He sent a few Expedia...

Author: By Annie M. Lowrey, CRIMSON STAFF WRITER | Title: My Kind-Of Imaginary Syrian Boyfriend | 3/21/2007 | See Source »

...score and certainly doesn't help keep tuition down. Indeed, Bowdoin College watched its ranking slip from fourth to eighth in the '90s as it balanced its budget rather than keep pace with peers' spending increases. "Evaluating education in a way that rewards institutions for building Jacuzzis and rock walls as much as for investing in what happens in the classroom is a system that is leading us in the wrong direction," says Anthony Marx, president of Amherst College. He and others warn of "hidden incentives," but sometimes they're in plain sight. Just this month, a compensation plan...

Author: /time Magazine | Title: The College Rankings Revolt | 3/21/2007 | See Source »

...black man, a guy in his 70s, a Mormon, a Hispanic, a Baptist preacher who used to be 100 lbs. overweight. Who knows? This is the year to bet on something unusual happening, and few things in politics are more unusual than Rudolph Giuliani - "America's mayor," the rock of 9/11, crime fighter and tax cutter...

Author: /time Magazine | Title: Why Is Rudy Smiling? | 3/21/2007 | See Source »

...City's worst catastrophe was Giuliani's finest hour, and the worldwide acclaim he received gave his start-up company instant momentum. Firms lined up to buy the advice, credibility and connections of a man who had been knighted (honorary) by the Queen of England, hailed as "Rudy the Rock" by the President of France and chosen as TIME's Person of the Year...

Author: /time Magazine | Title: Why Is Rudy Smiling? | 3/21/2007 | See Source »

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