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Dates: during 2000-2009
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...term Black Friday itself was originally used to describe something else entirely - the Sept. 24, 1864, stock-market panic set off by plunging gold prices. Newspapers in Philadelphia reappropriated the phrase in the late 1960s, using it to describe the rush of crowds at stores. The justification came later, tied to accounting balance sheets where black ink would represent a profit. Many see Black Friday as the day retailers go into the black or show a profit for the first time in a given year. The term stuck and spread, and by the 1990s Black Friday became an unofficial retail...

Author: /time Magazine | Title: Black Friday | 11/27/2009 | See Source »

...apart Hancock's arguments for keeping the BCS. For example, he says that since playoff games would most likely take place through December, the event would cut into the players' study time during finals. But it's not like players are burying themselves in the library under the current set-up: they are still practicing for bowl games, which take place later in the month and after the New Year, through much of December. Hancock points out that in the current bowl set-up, 68 schools and their fans get the chance to enjoy post-season play (and revenue...

Author: /time Magazine | Title: Can a Good Guy Fix College Football's Worst Thing? | 11/26/2009 | See Source »

When aging rock stars tire of trashing hotel rooms and throwing TVs out of the window, where do they stay? Probably somewhere like London's Sanctum Soho, sanctumsoho.com. Set within the mellowed stone of a 1906 townhouse in the city's West End, the property bills itself as "a celebration of edgy glamor" and is the $17 million vision of music manager turned nightclub owner turned hotelier Mark Fuller...

Author: /time Magazine | Title: Glam It Up at London's Sanctum Soho | 11/26/2009 | See Source »

Piero Marrazzo was forced to step down as governor of Rome's region, Lazio, on Oct. 27 after an alleged blackmail scheme set off the spiral of embarrassing revelations about his private life. Prosecutors have now opened homicide investigations into the deaths of two people linked to Marrazzo, who was first elected in 2005 after years as host of a popular consumer watchdog talk show on the RAI national TV network. Investigators say Marrazzo is not a suspect in the Nov. 20 arson that killed a Brazilian transgender prostitute known as Brenda, nor the September death of a Rome-based...

Author: /time Magazine | Title: In Italy, A Sex Scandal to Rival Berlusconi's | 11/26/2009 | See Source »

TIME: What is [former finance minister and now planning commission head] Trevor Manuel's new role in this new set-up? Is he, as some say, effectively a Prime Minister? Zuma: He is not a Prime Minister. He had the very specific task of helping me and the country to work out a national plan, to ask: where shall we be by this time? Where is the country going? His role is also to monitor and evaluate. The reason Trevor was appointed was because he had been minister of finance and had an understanding of the workings of all government...

Author: /time Magazine | Title: Jacob Zuma: 'We Have to do Things Differently' | 11/26/2009 | See Source »

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