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...whose Bunny-filled blowout is usually the signature event of Super Bowl week. Last year in Arizona, Hugh Hefner hosted 2,500 people in a 52,000-sq.-ft. pavilion for his party, and tickets were going for $3,000 in the secondary market. This year, with Playboy's stock down more than 70%, Hef has canceled its Super Saturday Night party. Instead, the company is sponsoring a DirectTV event; four Playmates will be on hand, compared with the 22 who showed up at last year's Playboy bash. (See the best and worst Super Bowl commercials...

Author: /time Magazine | Title: Thrown for a Loss: Super Bowl Parties | 1/28/2009 | See Source »

...which will be injected into the economy by the new federal stimulus package. This state may end up being a sign of things to come. The foreclosure rate in California is one of the highest in the nation. More than 236,000 homes or 2.8% of California's housing stock foreclosed in 2008, helping to drive down home prices by 42% from December 2007 to last month, according to Bloomberg. In addition, the state government is projected to run a deficit of $40 billion over the next two years. (Read "Four Steps to Ending the Foreclosure Crisis...

Author: /time Magazine | Title: Is California the State Closest to Economic Ruin? | 1/28/2009 | See Source »

...pictures of the stock market crash...

Author: /time Magazine | Title: Can Mary Schapiro Revitalize the SEC? | 1/27/2009 | See Source »

...pictures of the stock market crash...

Author: /time Magazine | Title: Another Ponzi Scheme? Money Manager Cosmo Busted | 1/27/2009 | See Source »

...plenty of people with far greater business-management experience than that of a lobbyist." Nonetheless, Lynn, who during his confirmation hearing on Jan. 15 pledged to "maintain the highest ethical standards," appears headed for Senate confirmation. To ease some Senators' concerns, he has promised to sell all his Raytheon stock and have his dealings at the Pentagon for the first year subject to an ethics review...

Author: /time Magazine | Title: Obama's Lobbyist Ban Meets a Loophole: William Lynn | 1/27/2009 | See Source »

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