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...Iridium well into his 90s, until shortly before his death, putting the final touches, grace notes, on the edifice of his achievement. Each Monday evening, two legends would fill that tiny stage: a living legend, Les Paul, and the precious memory of his partner. One night he closed a set with the plaintive ballad "Just One More Chance." He was playing it, he said, "in remembrance of my partner Mary...

Author: /time Magazine | Title: Death of the Guitar Man: Les Paul (1915-2009) | 8/13/2009 | See Source »

...that what we might be headed for longer term? Yes, exactly. That bull market really peaked in 1965 or 1966 and then it churned back and forth - and inflation ravaged it, even though the nominal prices didn't collapse as much. But the Dow Jones average didn't set a new high until...

Author: /time Magazine | Title: Why an Investment Guru Is Bullish on Recovery | 8/13/2009 | See Source »

...attorneys quickly file complaints with the state's judicial oversight commission, in an unprecedented move, the National Association of Criminal Defense Lawyers joined the filing. Newspapers across the state and nation weighed in with scathing editorials, and anti-death penalty campaigns went on the attack. The Texas Moratorium Network set up sharonkiller.com...

Author: /time Magazine | Title: A Texas Judge on Trial: Closed to a Death-Row Appeal? | 8/13/2009 | See Source »

Soros was aiming his donation at a part of President Barack Obama's stimulus package that hasn't garnered much attention until now: a 4-to-1 federal matching program designed to help states assist poor families. This $5 billion pot of cash was set aside as an emergency fund to supplement the 12-year-old Temporary Assistance for Needy Families (TANF) program, i.e., the one that Bill Clinton boasted in 1996 would end "welfare as we know...

Author: /time Magazine | Title: Soros Shines Light on Stimulus for the Poor | 8/13/2009 | See Source »

...states to do several things with their share of the $5 billion pool as long as they - or private groups like Soros' - pony up 20% of the overall cost; the feds cover the remainder. States can 1) provide more cash payments to families, 2) subsidize additional jobs or 3) set up onetime, nonrepeating benefit programs. New York's Back to School initiative, which used Soros' private donation as its initial seed money, utilized the third option, appealing to the Department of Health and Human Services, which runs TANF and its emergency fund, for the additional $140 million...

Author: /time Magazine | Title: Soros Shines Light on Stimulus for the Poor | 8/13/2009 | See Source »

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