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...lawyer these days? I think so. Go to somebody who's an expert in employee law and see. If you're seeing that a whole layer of employees who happen to be graying at the temples are the ones who are being disappeared, you have yourself a class-action lawsuit, possibly, and that's something worth exploring. The attorney may say, "Not worth your effort." But it's better to make a decision based on information than just making assumptions...

Author: /time Magazine | Title: What to Do If You Get Laid Off | 2/26/2009 | See Source »

...challenge of being rich, in a sharp recession, often moves from hiding wealth to keeping it. Some people with a lot of money get bilked by the genius of people like Bernie Madoff, a man who must be near the top of his class at Mensa. Usually, losing money does not require a lapse in judgment. In a poor economy, invested capital just disappears. People who had $20 million suddenly have $10 million. If they have been frugal, they are OK. If not, they often go bankrupt...

Author: /time Magazine | Title: Requiem for the Rich | 2/26/2009 | See Source »

...biases remain, to the detriment of the South Korean economy. For example, South Korea hasn't developed the kind of social services, such as day-care centers for the children of working parents and homes for the elderly, that would relieve some of the financial burdens on working-class families and encourage them to spend rather than save. "What tended to be taken care of in the household could become more marketized," says Lim Won Hyuk, an economist at the Korea Development Institute in Seoul. "There is a lot of room for job creation...

Author: /time Magazine | Title: Losing Traction | 2/26/2009 | See Source »

...tagline De Lesseps speaks in the opening credits of RHNYC is, appropriately, "I never feel guilty about being privileged." That could be the motto of Bravo, a cable powerhouse whose reality shows follow the pampered class and their various stylists, party planners and other modern-day valets...

Author: /time Magazine | Title: Gold Diggers of 2009 | 2/26/2009 | See Source »

...even as networks are casting working-class sitcoms for fall, Bravo is cashing in on the rich. Bravo began life as a cable arts channel, but like artists of old, it discovered the utility of wealthy patrons. From Project Runway to the Real Housewives franchise (about well-off couples in New York City; Orange County, California; Atlanta; and soon New Jersey), it remade itself with reality TV about upscale consumerism...

Author: /time Magazine | Title: Gold Diggers of 2009 | 2/26/2009 | See Source »

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