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Penguin Group USA seems to be leading the financial field when it comes to big bucks and celebrity authors. Within a span of 48 hours, Penguin imprints scooped up three of the hottest gets, shelling out millions in advances. Andrew Ross Sorkin will write a behind-the-scenes account of the Wall Street crisis, Too Big to Fail, for Viking, while his New York Times colleague Joe Nocera, along with Vanity Fair contributing editor Bethany McLean, will do a long-term take on the crisis for Portfolio, with their advance rumored to be as much as $1.6 million. Roger Lowenstein...

Author: /time Magazine | Title: The Next Wall Street Tsunami — of Financial Books | 10/28/2008 | See Source »

...just won the Nobel Prize for Economics, is having one of his backlist titles brushed off and reissued with revisions. Publisher W.W. Norton & Co. is lengthening the title of 1999 book The Return of Depression Economics with an appendage: ... and the Crisis of 2008. Krugman has agreed to write three new chapters, revise two and eliminate two. He started writing two weeks ago in order to make the release date...

Author: /time Magazine | Title: The Next Wall Street Tsunami — of Financial Books | 10/28/2008 | See Source »

...crime, from jaywalking to felonies. If a detainee is found to be illegal, the county immediately initiates deportation procedures with Immigration and Customs Enforcement. The move, by the largely conservative Republican board, drew national attention and placed the local party at odds with its presidential nominee, who helped write the failed 2006 immigration bill that would have granted a path to citizenship for illegal aliens. "McCain's at risk here because people are concerned that he has not taken a strong enough position on illegal immigration," says Corey Stewart, Republican chairman of the county board...

Author: /time Magazine | Title: Why the New Virginia Is Leaning Toward Obama | 10/27/2008 | See Source »

Then there's the less tangible benefit that comes to the traveler himself. I write about endangered species all the time, but it wasn't until I went to Madagascar and saw an indri lemur for myself that I could really understand the value of what I wanted to defend. It wasn't until I saw how little of the Madagascar forest has survived - 90% of the country's original forest cover is gone - that I could truly fathom the risk. If environmentalism requires a revolution of consciousness, maybe that can't be done at home - even if traveling requires...

Author: /time Magazine | Title: 5 Ways to Find an Authentic Ecotour | 10/24/2008 | See Source »

...partying with groups of young men, including shots from the night of his death. "Everybody knew about his sexual orientation," says Thomas Hofer, a former magazine editor who is now an independent political consultant in Vienna. "But there was a consensus in the Austrian media not to write about...

Author: /time Magazine | Title: Austrian Far-Right Leader Haider Outed in Death? | 10/24/2008 | See Source »

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