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FedEx •2009 Super Bowl ad will not be purchased...

Author: /time Magazine | Title: Paul Slansky's Weekly Index of the News | 12/26/2008 | See Source »

Sending your partner on a solo trip works out especially well, if the two of you have opposing ideas of fun. For Chanukah this year, Bear Bergman sent her fiancé - a super-outdoorsman - on a five-day, backcountry ski trip in Québec with his buddies. She says she knew "less than nothing about backcountry skiing," but pulled the trip together with help from friends, research online and some professional advice. While her fiancé was off skiing the Canadian wilderness, from hut to unheated hut, Bergman was at home, "enjoying a visit from an out-of-town...

Author: /time Magazine | Title: Love Your Partner? Send Him Away! | 12/26/2008 | See Source »

...there a credit crunch? Was there ever? Those questions may seem absurd. Throughout the autumn, the interest rate banks charge each other broke one record after another as trust between institutions evaporated, investors stashed so much cash in super-safe Treasuries that yields approached zero, and the private securitization market for mortgages, which keeps capital flowing for more home loans, disappeared. Lehman Brothers collapsed when no one would loan it money, and any number of other firms - AIG, Citigroup, GM - went hat in hand to the U.S. government, lender of last resort. (Read TIME's Top 10 Financial Collapses...

Author: /time Magazine | Title: Is There Really a Credit Crunch? | 12/24/2008 | See Source »

...minute gifts: books and pearl necklaces and even Uggs, those ubiquitous suede boots. On Tuesday, however, New Orleans' largest shopping mall was eerily empty. There was hardly a soul inside Saks Fifth Avenue to sniff fragrances or poke at the $95 stripped ties at nearby Brooks Brothers. Even the super-sized signs promising 75% discounts failed to lure customers into another upscale men's boutique up the street...

Author: /time Magazine | Title: No Relief from the Christmas Gloom for Retailers | 12/24/2008 | See Source »

...avoid using the Madoff name. These generals ran many of Madoff's complex network of domestic and international feeder funds, which in turn created their own sub-funds. It was into these sub-funds many private investors, foundations, schools and other endowments poured their life savings. From the super wealthy, like Mort Zuckerman, to schmoes like me, the victim-cry is: Who the hell is Bernie Madoff? Had we known Madoff was behind all the "trades" maybe we would have made a better investment decision. Maybe. Other victims, however, with direct access to Madoff, such as those going through licensed...

Author: /time Magazine | Title: Who Is Bernie Madoff? Many Investors Didn't Ask | 12/23/2008 | See Source »

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