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...When a New Yorker named James Brunot contacted Butts about mass-producing the game, he readily handed the operation over. Brunot's contributions were significant: he came up with the iconic color scheme (pastel pink, baby-blue, indigo and bright red), devised the 50-point bonus for using all seven tiles to make a word, and conceived the name "Scrabble." The first Scrabble factory was an abandoned schoolhouse in rural Connecticut, where Brunot and several gracious friends manufactured 12 games an hour. When the chairman of Macy's discovered the game on vacation and decided to stock his shelves with...

Author: /time Magazine | Title: Scrabble | 12/7/2008 | See Source »

...better to show how he rallied to win the fight. In a career slump after losing his Australian TV gig, he secures a contract for the Nixon interviews but must pay $200,000 out of his own pocket. The three big U.S. networks refuse to buy into his scheme, and he borrows money from friends. (He eventually creates a de facto network of independent stations to air the interviews.) Of the two reporters he hires to research Nixon, one, Bob Zelnick (large, puddingy Oliver Platt) is cynical of Frost's ability to bring the scheme off, and the other, James...

Author: /time Magazine | Title: When Nixon Got Frosted: Capturing History | 12/5/2008 | See Source »

...should absorb half the list price, paying that sum directly to the car dealer. This discount available to the buyer could be reduced in stages during the rest of 2009. In return for this boost, the Big Three must agree to increase gas mileage and reduce car sizes. This scheme would keep most Detroit workers employed while avoiding the indiscriminate award of vast sums to the automobile industry. Most American-made cars are very good. New owners will presumably be pleased and for their next new car, be inclined to buy American again. Bart Varelmann, Spring Hill, Florida...

Author: /time Magazine | Title: Inbox | 12/4/2008 | See Source »

Advocates have been busy refining avoided deforestation to answer early criticisms. Because firms investing in carbon credits need to estimate how much deforestation would have happened without a scheme, REDD projects can only work in countries with high rates of deforestation. That alleviates concerns that money will be spent to protect forests under no threat. To address fears that protected forests might be lost through a fire or logging, brokers build in reserves - selling, for example, only 80% of the carbon actually contained within a forest, and tapping the remainder if some part of the protected area should be lost...

Author: /time Magazine | Title: Green Banks: Paying Countries to Keep their Trees | 12/4/2008 | See Source »

...life for an ant scheme. That’s the principle that Chinese administrators put in practice last week when they executed Wang Zhendong for fraud. Zhendong had duped investors out of over 400 million dollars with a bogus plan to breed ants with aphrodisiac effects. China thus established a clear policy of (very) tough justice for white-collar criminals who operate on a large scale...

Author: By Alexander R. Konrad | Title: Real Execution | 12/4/2008 | See Source »

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