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...what Murren calls an "intense, very dire liquidity crisis." MGM Mirage's joint partner on CityCenter, the Dubai World subsidiary Infinity World, had sued MGM Mirage and stopped putting money into the project. Unable to find other sources of capital, the casino company was left with two choices: walk away from CityCenter or try to work out a deal with MGM Mirage's bankers. (See the 10 worst business deals...

Author: /time Magazine | Title: How Las Vegas' Opulent CityCenter Survived Dubai | 12/19/2009 | See Source »

...mayor, Kwame Kilpatrick, who resigned in 2008 amid enormous legal problems. Just last month, she drew headlines for abruptly leaving the council's chambers to protest a rushed measure, backed by Christian conservatives, to restrict alcohol sales at Detroit's strip clubs. "It was an act of democracy to walk out and not let the process be hijacked by people with a narrow interest," she said later...

Author: /time Magazine | Title: Detroit's Last White City Council Member | 12/18/2009 | See Source »

...with the downside of royalty, thanks to the current Windsors' chatty ex-in-laws, but Victoria isn't just whinging. She sleeps in a room with her German-born mother, the Duchess of Kent (Miranda Richardson), has only her spaniel Dash for a playmate and isn't allowed to walk down stairs alone. Her governess, the Baroness Lehzen (Jeanette Hain), is the closest thing she has to a friend...

Author: /time Magazine | Title: The Young Victoria: How a Queen Shapes Her Destiny | 12/17/2009 | See Source »

...ever wondered what it's like to be the most famous person at your high school reunion, it's awesome. You don't have to awkwardly walk up to anyone, because all the pretty girls and cool guys awkwardly walk up to you and tell you that their tenuous connection to you makes them proud. Sure, they're referring not to your journalism career but to the fact that they saw you on E! at the gym with the sound turned off, but after a few Coors Lights, this does not bother you at all. The only downside is that...

Author: /time Magazine | Title: Slow Times At My 20th High School Reunion | 12/14/2009 | See Source »

...share his love for the environment, Zofnass said he began developing the land adjacent to his barn outside New York City into a land trust preserve in 1985. In 2001, he opened the Westchester Wilderness Walk, a 150-acre sanctuary that includes a 10-mile trail...

Author: By Xi Yu, CRIMSON STAFF WRITER | Title: Museum Receives $500K Donation | 12/14/2009 | See Source »

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