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...expect to see another crane in this city for a decade, says Peter Zalewski, a real estate broker and founder of Condo Vultures, a realty intelligence service. Miami is both a metaphor and model for once torrid real estate markets that melted in the subprime debacle. Miami developers threw up some 23,000 units beginning in 2003, many of them bought by speculators who thought they could flip them for a quick profit. Some...

Author: /time Magazine | Title: The Housing Bust: Signs of a Bottoming Out? | 10/29/2008 | See Source »

...When he made a rare unscheduled stop at an ice cream parlor in Charleston, W.Va., Biden encountered the owner's daughter, a 28-year-old woman who told him she had suffered a brain aneurysm last December similar to the one that nearly killed Biden in 1988. The Senator threw an arm around Sara Beal's neck, pulled her to him and whispered in her ear. By the time he let her go about five minutes later, planting a kiss on top of her head, both of them were near tears...

Author: /time Magazine | Title: Hidin' Biden: Reining In a Voluble No. 2 | 10/29/2008 | See Source »

...After an adult Grogan admits to his parents that he hasn't gone to church for years: "I froze, then turned back. As I did he threw himself against me and buried his face in my shoulder, locking me in a grip so tight it was if he would never let go. I felt him shaking, his chest lurching against me. Then I felt a warm wetness on my neck and heard his sobs, his jagged gasps. The man I had never seen shed a tear, my Rock of Gibraltar, was crying in my arms...

Author: /time Magazine | Title: Marley & Me's Author on Childhood | 10/23/2008 | See Source »

...investment bank's plush office on Canary Wharf on Sept. 15, only to be told that the firm was out of business and that they should look for another job, some of them did what any number of their colleagues around town have been doing for years: they threw a party. On the equity-trading floor, the internal p.a. system known as the "hoot" blared out the R.E.M. song "It's the End of the World As We Know It." And then, after collecting their personal possessions, dozens of the Lehmanites crossed the concourse to the pub just opposite...

Author: /time Magazine | Title: London Falling | 10/23/2008 | See Source »

...invited us to watch their jump roping show. The three butchered nearly every trick they tried, smiling sheepishly and muttering excuses under the beat of their hip-hop soundtrack. At the end of the show they handed us flyers for the jump rope lessons they taught, which we promptly threw out at the next available trash...

Author: By Jamison A. Hill, CRIMSON STAFF WRITER | Title: Hunting Buffalo | 10/22/2008 | See Source »

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