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...measures aimed at easing prosecution of such crimes. "The seizure schemes are conducted very professionally, that is a fact," he told Russian senators on Nov. 5. "Sometimes it's simply impossible to get to the bottom of them. But that doesn't mean that our law enforcement authorities shouldn't be trying." The issue was even raised during a live call-in TV show with Prime Minister Vladimir Putin earlier this month. Responding to a question about how the government planned to tackle reiderstvo, Putin said a proposal to unify various raider tactics under a single criminal statute would help...

Author: /time Magazine | Title: The Danger of Doing Business in Russia | 12/19/2009 | See Source »

...think my job is easy. I'm paid to see the movies you pay to see. But there are times when I wonder if I shouldn't have tried a less onerous trade, like defusing IEDs or chairing the Fed. Such dark thoughts percolated during the 103 minutes I spent in the company of Did You Hear About the Morgans?, a comedy about a married couple on the outs (Sarah Jessica Parker and Hugh Grant) who, after exchanging glances with a mob hit man, are relocated in the FBI's Witness Protection Program to a Wyoming hamlet where two earth...

Author: /time Magazine | Title: Did You Hear How Bad The Morgans Is? | 12/18/2009 | See Source »

Besides Nike, several other Woods sponsors may escape unscathed. Sure, the ugly headlines are a p.r. disaster. But who knows if any business will be materially impacted by the Woods scandal? Bottom line: sponsors shouldn't overreact. "You can't just look at today," says Ganis. "There's just so much to this story that has yet to be written...

Author: /time Magazine | Title: Tiger Woods' Sponsors: Will Any Stick by Him? | 12/16/2009 | See Source »

...Brown, who is thinking about writing a book about the 50 lb. he has lost since March. "Celebrity chefs are the high priests of the food craze that is partly responsible for the fattening of America. We helped people get into this mess. I don't see why we shouldn't help get them...

Author: /time Magazine | Title: Celebrity Chefs Show How to Lose Weight | 12/14/2009 | See Source »

...putting a lid on the $65 billion spent annually on holiday gifts, says Professor Joel Waldfogel of the Wharton School. Waldfogel, the author of Scroogenomics: Why You Shouldn't Buy Presents for the Holidays, insists his theory is solid economics, not bah, humbug. "As an institution for 'allocating resources' (getting stuff to the right people), holiday giving is a complete loser." If you spend $50 on yourself, he explains, you'll get something worth $50 to you. But if your Aunt Bernice buys you a $50 Christmas gift, she's likely to buy something that's worth nothing...

Author: /time Magazine | Title: Business Books | 12/14/2009 | See Source »

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