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...president and CEO Larry Lucchino famously called the Yankees "the Evil Empire" for spending cash to win World Series after World Series. But with a $143 million payroll, two Series trophies on his mantel and the promise of more to come, Lucchino is no Luke Skywalker...

Author: /time Magazine | Title: Have the Sox Become the Yanks? | 10/29/2007 | See Source »

...straw in aid camps like the three arranged around the edge of El Fasher. An African Union (AU) force of 7,000 soldiers, police officers and cease-fire monitors has failed to stop the violence, but they've been good business for local merchants. The peacekeepers, after all, have cash to spend, as do the United Nations staffers, some of whom are paid daily allowances of more than...

Author: /time Magazine | Title: Where Darfur's War Is Good for Business | 10/29/2007 | See Source »

Chief among Fallujah's disgruntled proprietors are the shop and factory owners of Sinaa, who are last on the list after residential owners to receive a government check. Most are still waiting for their cash. With incentive to maintain the evidence of damage as an insurance policy until they get paid, few have rebuilt or reinvested and the entire zone remains a ghost town, a twisted testament of war and invitation to terrorists looking for a place to operate and hide...

Author: /time Magazine | Title: How to Resurrect Fallujah | 10/28/2007 | See Source »

...Despite the cash infusion, City of Faith closed in 1989. If it continued to bleed money in its last two years at the same rate it had been, then it could conceivably account for the entire current debt, or the beginning of a negative spiral. Alternatively, it could simply be indicative of a faith-based accounting style that much of Evangelicalism left behind long ago, with the founding in the 1970s of the Evangelical Council for Financial Accountability, a 2000-member self-policing group that stresses not just fiscal honesty but efficient accounting practices. Like many Pentecostal and charismatic institutions...

Author: /time Magazine | Title: Oral Roberts to the Rescue? | 10/27/2007 | See Source »

...nearly $200 million in kickbacks. (Abalos denies the allegations and has vowed to take legal action against his accusers.) And on Oct. 11, lawmakers were allegedly handed paper bags full of money during meetings at the presidential palace, according to two provincial politicians who said they'd taken the cash. Arroyo's political opponents have charged the payouts were bribes intended to buy legislators' loyalty in pending impeachment proceedings, although the League of Provinces of the Philippines insists the money was for "capacity building." The President is facing increasing calls for her resignation, and even rumors of another attempted coup...

Author: /time Magazine | Title: Manila Pardons a Former President | 10/26/2007 | See Source »

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