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...buried at Neverland, which has been owned by a private-equity firm since Michael defaulted on a loan. Although the family patriarch declined to discuss specifics on the time and place of a funeral, citing the second autopsy as a cause for delay, he hinted at grand, Lady Di-scale plans. "I've never heard of a private funeral like this - like big, like Michael's would be," he told reporters...

Author: /time Magazine | Title: Where Will Michael Jackson Be Buried? | 7/1/2009 | See Source »

...Frisbee Golf Biden saw this day coming. In February, the Vice President and Ron Klain, his chief of staff, penned Barack Obama a memo predicting that spending $787 billion on tens of thousands of projects through hundreds of agencies would create opportunities for waste and corruption on an unprecedented scale. Biden suggested that someone with heft needed to be put in charge. During one of their weekly lunches, the President read over the memo, nodded and then handed it back to Biden. Do it, he said. Months later, Biden still laughs about how it happened. "Last memo I've written...

Author: /time Magazine | Title: What Happened to the Stimulus? | 7/1/2009 | See Source »

Eventually, a contract was secured that guaranteed workers an increase in starting wages, the opportunity for an escalating pay scale, and a new grievance procedure...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Harvard Swaps Security Contract | 6/30/2009 | See Source »

...Federal prosecutors balked at Sorkin's suggestion and demanded a 150-year sentence. "He engaged in wholesale fraud for more than a generation," said Marc Litt, an assistant U.S. Attorney, in a note to the judge. "The sheer scale of the Madoff fraud calls for severe punishment...

Author: /time Magazine | Title: The Penalty for 'Extraordinary Evil': Madoff Gets 150 Years | 6/29/2009 | See Source »

...equipment is often old-fashioned," says Riecke of the German Council on Foreign Relations. "There is long-overdue reform under way to make the Bundeswehr leaner. It should be easier to deploy forces quickly abroad," he adds, referring to far-reaching plans to modernize the army's equipment and scale back troop numbers...

Author: /time Magazine | Title: Will Germany's Army Ever Be Ready for Battle? | 6/27/2009 | See Source »

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