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...cried like babies that night three months ago when we learned how you robbed us. Did you cry, Mr. Madoff? A thousand, maybe 10,000 cried that night. We shivered in our collective adrenaline-fueled shock. We were physically unhurt, physically just fine, but that night our bodies shook with fear - everything was gone. A minute before the phone rang, things were good, even great. Afterward they would never be the same. All our hard work, all our savings, all our plans were wiped out forever. (Watch the video of Madoff pleads guilty...

Author: /time Magazine | Title: One Victim Asks: Was It Worth It, Mr. Madoff? | 3/12/2009 | See Source »

Bankers get that. Since last summer, at least 30 groups have filed to start new banks, according to SNL Financial. From Richmond, Va., to Tulsa, Okla., to Pacific Palisades, Calif., community bankers are hitting the pavement, raising funds a few hundred thousand dollars at a time from stock-market-wary investors. It's not an easy sell, and regulators, spooked by the wave of failures, are making it tougher than ever to win approval. For entrepreneurs who can run that gauntlet, though, the stars are aligned for small independent banks in a way they probably never will be again...

Author: /time Magazine | Title: While the Giants Reel, Many Small Banks Are Thriving | 3/12/2009 | See Source »

...People nowadays, when they interpret it, get a lot of secret messages out of it. But I would bet that every Chinese person knows this story. Basically, there is a garden in heaven, and if you eat the peaches from the trees in the garden you can live a thousand years more. The dancers are the protectors of the peach trees. THC: What is the highlight of this year’s show? JH: I just went to the dress rehearsal yesterday, and I was blown away by how hard everyone worked. I couldn’t pick out just...

Author: By Brianne Corcoran, CONTRIBUTING WRITER | Title: Hao Dishes on Eastbound | 3/12/2009 | See Source »

...many in Kabul who have embraced the freedoms won by the invasion raise a moral argument against making concessions to the Taliban. "Are you going to sacrifice the hard-won freedoms of 29 million people for the sake of a few hundred thousand militants?" asks a Kabul-based businessman who declined to use his name for fear of repercussions. "That just opens up the floodgates to anyone who wants to have a stake in power. All he has to do is just go and be as violent as possible; kill a couple of people, and there will be some sort...

Author: /time Magazine | Title: Talking with the Taliban: Obama Draws Skepticism | 3/10/2009 | See Source »

...unemployment problem has roots stretching back to the first wave of migrants - about 80,000 of them - who followed the Dalai Lama to India in 1959. Many of them were unschooled, unskilled nomads who found only low-wage jobs in road construction. A few thousand were allotted uninhabited jungle land in southern and northeastern India and given training to become farmers. Later, some received subsidies to help market traditional handicrafts. But the vast majority of migrants settled in Dharamsala along with the Dalai Lama. The local economy was unable to absorb them. A mere lucky few found odd jobs...

Author: /time Magazine | Title: Tibetan Exiles: A Generation in Peril | 3/10/2009 | See Source »

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