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...half, while Elite Island Resorts - the second-largest independent hospitality group in the region - will even accept guests' depressed stocks as payment; the firm values stocks at their closing price at the end of last October (way above what most stocks are worth now) and says it will sell them when the markets eventually go up again. "We're hoping that these deals will never have to see the light of day again," says Hugh Riley, Secretary-General of the Caribbean Tourism Organization, the body representing the travel interests of 32 nations in the region. "It's unusual...

Author: /time Magazine | Title: Vacation Blues as Tourists Stay at Home | 5/4/2009 | See Source »

...found Klein's article on legalizing marijuana very disconcerting. Marijuana has many negative aspects, including the fact that it is a gateway drug to more lethal and addictive substances like cocaine and heroin. We need stronger laws and harsher penalties for those who buy, sell or use it, as well as a continued education campaign about why smoking pot is both harmful and dangerous. Steven Glass, Oyster...

Author: /time Magazine | Title: Inbox | 5/4/2009 | See Source »

...Financially (listen up, world leaders), she was remarkably circumspect in the way she went about privatizing state-owned businesses, first appointing soul mates to head up the nationalized industries, then establishing stiff financial and business targets. Only when she was sure the ground had been properly tilled did she sell a business...

Author: /time Magazine | Title: Three Things Obama Could Learn from Thatcher | 5/4/2009 | See Source »

...were lost. In cases where an artist had copied his own work, it was not always clear which was the original. And to complicate matters, in the difficult postwar years, the culture of copying continued. The museum loaned paintings to starving artists wanting to copy their own works to sell, contributing to the problem. Did the artist return a copy to the museum or the original? And if the artist makes a copy of his or her own work, can it be called a fake...

Author: /time Magazine | Title: Copied Paintings Plague Vietnam's Museum | 5/4/2009 | See Source »

...Making matters worse, in the 1980s, the government-funded museum set up a department to make high-quality reproductions to sell, says Nguyen Truong, an art collector whose home in Hanoi has served as a salon for struggling artists for the past 30 years. The practice ended in the 1990s, but Truong says he was approached just last year by a museum employee who "offered a copy...

Author: /time Magazine | Title: Copied Paintings Plague Vietnam's Museum | 5/4/2009 | See Source »

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