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...teaser before London's Court of Appeal after Brian Myerson, a fund manager in the city, asked a panel of judges Wednesday to nix the $15.2 million agreement reached last March with his ex-wife Ingrid. The reason: turmoil in the markets has effectively wiped out his share of the couple's spoils. A ruling in Myerson's favor could see a tide of wealthy divorcees heading back to court in search of sweeter deals...

Author: /time Magazine | Title: How To Credit Crunch Your Divorce — Maybe | 3/13/2009 | See Source »

...want to send to others than what you're doing at that very moment," says Meredith Chin, Facebook's manager of corporate communications. Or as the company described it in a blog post: "One way to think about this is as a timeline - or a stream. As people share more ... the pace of updates accelerates." Sort of like those annoying tickers that run across the bottom of cable news channels, but all the news is about people who never get off their couches...

Author: /time Magazine | Title: Facebook Wants to Read Your Mind | 3/13/2009 | See Source »

...connection with the purported trades, I caused the fraudulent investment advisory side of my business to charge the investment advisory clients $0.04 per share as a commission. At times in the last few years, these commissions were transferred from Chase Manhattan bank account of the fraudulent investment advisory side of my firm to the account at the Bank of New York, which was the operating account for the legitimate side of Bernard L. Madoff Investment Securities - the proprietary trading and market making side of my firm. I did this to ensure that the expenses associated with the operation...

Author: /time Magazine | Title: Bernard Madoff's Full Statement to U.S. District Court | 3/12/2009 | See Source »

...Boston hospital’s department of medicine. “He was extremely reliable—you could depend on him for anything,” said Fleisher, who was Shannon’s close friend and colleague. “He always did more than his share of what needed to be done.” Shannon was returning from Argentina, where he spent his vacation taking tango lessons with his wife and friends. Fleisher recalled Shannon’s passion for dance—which, along with his pursuit of medicine, would come to define his life...

Author: By Noah S. Rayman and June Q. Wu, CRIMSON STAFF WRITERSS | Title: HMS Pediatrics Prof Dies | 3/12/2009 | See Source »

...aides Rahm Emanuel and Robert Gibbs knew what they were doing when they declared Rush Limbaugh the leader of the Republican opposition. They were putting Republican politicians in a trap. Repudiating Limbaugh would mean alienating millions of conservatives and declaring Limbaugh's plainspoken conservatism - which many of those politicians share - outside the lines of the national debate. But neither could Republicans allow the insinuation that they take orders from a radio-host stand. If voters got that impression, they would look weak. Worse, the polls show more people dislike Limbaugh than like...

Author: /time Magazine | Title: Why Rush Limbaugh Is Good for the Republicans | 3/11/2009 | See Source »

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