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...relishes the chance to buy relish? Sure, you can bid on frozen chicken pot pie over the eBay, but that's a pretty lonely endeavor. At the very least, these auctions offer another social outlet in tough times. "It's a fun experience," says Randy Zimmerman, a mother of seven from Holt. "We goof around with the auctioneers. People are having conversations throughout the auction - it's a real chance to meet new people...

Author: /time Magazine | Title: Canned Ham, Going Once, Twice: A Rise in Grocery Auctions | 4/19/2009 | See Source »

...Still, saving is the real key. Zimmerman has seven children, between the ages of 2 and 19. At a grocery auction in early April, she bought hot dogs, frozen pizzas and an Easter ham, among other items. Zimmerman figures all the stuff she bought would have cost $300 in the grocery store. She paid $100. "The more we save on food, the more we have for all the other bills each month," Zimmerman says. "Our cash flow can stretch out further. These auctions have just been a blessing...

Author: /time Magazine | Title: Canned Ham, Going Once, Twice: A Rise in Grocery Auctions | 4/19/2009 | See Source »

Florida's Gulf Coast was crawling with shady real estate investors like Neil Husani during this decade's housing boom. According to the U.S. Attorney's office in Tampa, Husani and three co-conspirators working with his Sarasota-based Capital Force, Inc., bilked seven area banks out of $83 million in a mortgage fraud scheme. Between 2003 and 2006, they bought up dozens of properties, used false information to secure mortgages far in excess of the actual property values, then pocketed the difference, which amounted to more than $40 million. The properties went into foreclosure and the banks, as well...

Author: /time Magazine | Title: Mortgage-Fraud Crackdown Gathers Steam in Florida | 4/18/2009 | See Source »

...irony lost on corpses, analysts say, the arrest of drug leaders often only leads to more violence. When narcotrafficker Wilber Verela, alias "Jabon," was murdered in Venezuela in 2008, seven allegedly related deaths followed the next week in Bogota, intelligence sources said. And after the April 1 arrest of Fabio Edison Gomez, alias "Rinon," the leader of Medellin's main crime organization, 33 people were killed in a week, according to the city's police. The renewed upsurge in violence led to the government dispatching some 500 soldiers and 6,800 police to poor neighborhoods in the city. But major...

Author: /time Magazine | Title: A Big Arrest Could Revive Medellin Drug War | 4/17/2009 | See Source »

...July, that is, when Taipei and Beijing agreed to start direct flights between Taiwan and China and open up tourism on the island to 3,000 Chinese visitors every day. The direct flights were a relief to the four million Taiwanese who travel to China every year, cutting a seven-hour slog to Shanghai, which had to be made through a third city like Hong Kong, to an 80-minute trip. The floodgates opened the other way, too: at first, a trickle of some 200 Chinese tourists each day in August, and now, seven months later, a pouring...

Author: /time Magazine | Title: What 60-Year Chill? Chinese Tourists Flock to Taiwan | 4/17/2009 | See Source »

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