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People have suggested the fact that Ruth Madoff didn't know about this affair suggests she may not have known about the Ponzi scheme, since she was completely unaware of an element of her husband's life. Do you agree? Well, our affair was a very small part of his life. If it took up a great amount of his life, she would have found out about it, because she was very much into the business. So I don't really see the analogy. I know her attorney may see the analogy, but I don't really...

Author: /time Magazine | Title: Bernie Madoff's Mistress Speaks | 8/26/2009 | See Source »

...P/Case-Shiller index of home prices in 20 cities saw a 1.4% gain between May and June. That's only the second time the index has risen since the summer of 2006 (the other time was the month before). Once you adjust the data for seasonality - the fact that houses tend to sell for more money in the warmer months - the increase in July was actually the first since May 2006. Home-price data from the Federal Housing Finance Agency, which tracks homes with mortgages owed or guaranteed by Fannie Mae and Freddie Mac, also showed a May-to-June gain...

Author: /time Magazine | Title: The Housing Market: Has It Turned the Corner? | 8/26/2009 | See Source »

...Still, the decision to approve the fill and finish steps underscores how unusual H1N1 is, and highlights the fact that the upcoming flu season may yet hold surprises. In its report, PCAST also released projections of how severe the pandemic could get: up to 120 million people coughing, sneezing, feverish and otherwise sick with the symptoms of flu, 90,000 people potentially dead from the illness, and half to 100% of beds in intensive care units of hospitals in hard-hit regions filled with flu patients...

Author: /time Magazine | Title: Behind the Unproven H1N1 Flu Vaccine | 8/26/2009 | See Source »

...equally intimate exploration of the psyche of an unnamed first-person narrator whose willful plunge into worldly renunciation is as terrifying as Atman's embrace of hedonism. But after a week exploring Venice with Jeff, I don't feel ready to visit Varanasi with his alter ego. In fact, I'll definitely pack the Fodor...

Author: /time Magazine | Title: The Venice Biennale | 8/26/2009 | See Source »

...Ironically, amidst the furor created by Jaswant Singh's pro-Jinnah remarks,the BJP top brass seem to have overlooked the fact that Singh lays the blame of Partition mostly on the Congress party and its leaders including Jawaharlal Nehru, India's much-admired first Prime Minister. But it also serves as a reminder that the BJP is the Congress' only real competitor at the national level, and the only likely foil to Congress' national dominance. For decades, the Congress party was the lone player in Indian national politics, a status quo which led to political stagnation. Until...

Author: /time Magazine | Title: India's Opposition Struggles With Past and Present | 8/26/2009 | See Source »

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