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...Bernard Madoff passes time as inmate No. 61727-054 in the Metropolitan Correctional Center in lower Manhattan, questions about his giant scheme continue to dog investigators and the public. Among them is the curious relationship Madoff had with his bank, JPMorgan Chase...

Author: /time Magazine | Title: Madoff's Banker: Where Was JPMorgan Chase? | 3/25/2009 | See Source »

What effect do newspaper closings really have on a town? Or a nation? Depending on a person's reading habits, the answers to these questions range from "It's the death of democracy!" to "Newspapers? What newspapers?" But with the demise of two major metropolitan dailies, the 149-year-old Rocky Mountain News and the almost equally venerable 145-year-old Seattle Post-Intelligencer in the last month alone, the issue is becoming a matter of practical rather than just theoretical concern. (See the 10 Most Endangered Newspapers in America...

Author: /time Magazine | Title: What Happens When a Town Loses Its Newspaper? | 3/22/2009 | See Source »

Unlike some of the metropolitan dailies that have closed, including the Seattle P-I, the Cincinnati Post did not leave behind a news website. Neither did the Rocky Mountain News, although some of its former news staff are attempting to launch one. It did leave behind a competitor, the Cincinnati Enquirer, but the Enquirer does not report as much news from north Kentucky towns as the Post...

Author: /time Magazine | Title: What Happens When a Town Loses Its Newspaper? | 3/22/2009 | See Source »

...Tatlin and Kazimir Malevich, for a production of The Nose--Shostakovich's 1930 opera based on the Gogol story about a Russian bureaucrat who awakens one morning to discover that his nose has left his body and begun to pursue its own career up the social hierarchy--that the Metropolitan Opera in New York City will mount next year. The San Francisco show, which was organized by Mark Rosenthal, a curator at the Norton Museum of Art in West Palm Beach, Fla., climaxes with a multiscreen gallery of films connected to that production. The nose climbs a ladder in silhouette...

Author: /time Magazine | Title: Artist William Kentridge: Man of Constant Sorrow | 3/19/2009 | See Source »

...Morgantown to 5.5% in Jonesboro - was not only well below the national average of 7.2%, but also lower than it had been 12 months earlier; in the sixth, Casper, the rate held steady from a year ago. That put them starkly at odds with the other 363 metropolitan areas tracked by the BLS, all of which were seeing unemployment rising, in some cases sharply. Unemployment in Boise, Idaho, for example, jumped from 3.0% to 7.1% during 2008. In Fresno, Calif., it went from...

Author: /time Magazine | Title: Cities Once Immune Now Suffering in Recession | 3/14/2009 | See Source »

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