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...That the King of Pop earned royal sums for his music, there's little doubt. Jackson pocketed more than $300 million from sales of his recordings since the early 1980s, according to The New York Times. Thriller, which was the top-selling album of all time until eclipsed by the Eagles' Greatest Hits, 1971-1975, brought in a reported $125 million for the singer in the years after its release in 1982. Though there were early signs of an inclination to spend - he apparently missed out on landing the bones of John Merrick, better known as the Elephant Man, despite...

Author: /time Magazine | Title: What Happened to Michael Jackson's Millions? | 6/26/2009 | See Source »

...interstate-highway system began siphoning travelers off trains - federal funding has not risen in step, leaving the biggest systems struggling to pay for the very capital projects that could improve performance and safety. Meanwhile, the major U.S. cities that are most dependent on public transit - such as New York, Chicago, Boston, Philadelphia and Washington - receive a progressively smaller percentage of the federal funding that is available. The combination of increased ridership - triggered at least in part by higher gas prices, which are unlikely to drop over the long run - and aging infrastructure "is stressing the transit system to the breaking...

Author: /time Magazine | Title: The Metro Crash: A Nation's Aging Transit System | 6/26/2009 | See Source »

...wife Jenny, a former investment banker, in the Hamptons when they both lived in New York. A millionaire heiress to a family fortune from the Skil Corp. power-tool company, she ran most of Sanford's campaigns and was a close adviser in the governor's office. They have four sons...

Author: /time Magazine | Title: Straying Governor Mark Sanford | 6/25/2009 | See Source »

...think the fatal flaw of a lot of people in politics is that they want to be loved. I sleep like a baby at night." -Brushing off criticism for his stance on rejecting federal stimulus money (New York Times, April...

Author: /time Magazine | Title: Straying Governor Mark Sanford | 6/25/2009 | See Source »

...think it's refreshing in an age where there's so much bring-home-the-bacon for your district, he's been so disciplined with money." -Keven Cohen, a South Carolina radio-show host, on the governor's opposition to heavy government spending (New York Times, April...

Author: /time Magazine | Title: Straying Governor Mark Sanford | 6/25/2009 | See Source »

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