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...brother? What can I give the children?' " Rwaramba said. She also testified that she was "flabbergasted" when the sheik wired her $35,000 because Jackson was so broke that he did not even have a bank account. She claims the sheik apologized for what he considered a paltry sum of money and said that "next time it would be more." Jackson reportedly used the money to pay his utility bills at Neverland...

Author: /time Magazine | Title: Michael Jackson Settles Out of Court with Sheik | 11/24/2008 | See Source »

...Verde, an African island nation, live about 460,000 people. There are about 500,000 Cape Verdeans overseas, including a very large contingent in Boston. With the help of remittances sent back home from workers abroad, Cape Verde has doubled its per capita income since 1990—the sums amount to about 12 percent of GDP. In fact, Cape Verde migrants elect their own representatives to the National Assembly. Cape Verde has become a state beyond borders, and this is all the better for Cape Verdeans. If we start to increase human mobility rather than impede it, fighting poverty...

Author: By Raúl A. Carrillo | Title: Untied Hands | 11/24/2008 | See Source »

...following year: "satisfactory, but a journalist's mind." And in 1932: "I still believe that he is not really a first-class man, but there is no doubt he has an extraordinary capacity for impressing himself on others.... He is very much out for himself, and I should sum him up as a clever careerist...

Author: /time Magazine | Title: Alistair Cooke: PBS's Rock Star | 11/23/2008 | See Source »

With this massive sum of money necessary for maintaining our current infrastructure as well as meeting growth and repair needs, and with the current and possible public funding levels insufficient to even graze those needs, it is apparent that new funding solutions are needed. Private funding has a significant potential role to play in repairing America’s aging infrastructure, as it has for years all over the globe. Public–private partnerships, or PPPs, are defined by the Government Accountability Office (GAO) as “institutional arrangement in which a private entity assumes some level...

Author: By Dana A. Stern | Title: Rebuild from the Roads Up | 11/18/2008 | See Source »

...York University's Stern School of Business, says the final toll could be much higher. "I'd say 50% of funds will close," he says. Factor in likely new government regulation, and the industry looks set for a profound, and painful, transformation. One newly retired fund manager seemed to sum up the current mood when he recently told the Wall Street Journal: "What I've learned about the hedge-fund business is that I hate...

Author: /time Magazine | Title: Pruning Season | 11/13/2008 | See Source »

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