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...Groomed for greatness from infancy, Woods is the rare phenom to fulfill his promise. He's a multiethnic star with a megawatt smile and what was a clean-living image - qualities he harnessed to become the consummate corporate pitchman, the world's richest athlete for eight years running and the target of unending idolatry. When athletes meet the stratospheric expectations heaped upon them, we have fewer incentives to unwrap their shiny packaging. Now that Tiger's brand has been dented, fans who bought Nikes or quaffed Gatorade at his urging may be channeling their disillusionment into moral outrage. They...

Author: /time Magazine | Title: Let Down by a Tiger We Never Knew | 12/7/2009 | See Source »

...lifeline out of the crisis, Sheik Mohammed will certainly look again to Abu Dhabi, whose vast oil deposits make it by far the richest U.A.E. entity. It stepped up with $10 billion in support immediately after the global crash in 2008 and can be expected to do so once more; Abu Dhabi's ruling al-Nahyan family, as cautious as the al-Maktoums are daring, knows that it, too, will be dragged back by the demise of Dubai. A glance at the $600 billion-plus balance sheet of Abu Dhabi's sovereign wealth fund puts Dubai's debt crisis...

Author: /time Magazine | Title: Dubai's Woes a Blow to Ambitious Ruler Sheik Mo | 12/1/2009 | See Source »

...commercial television in Europe, he then sidestepped Italy's antimonopoly laws banning national private television by buying up scores of local stations. With assets spanning Italy's largest publishing company, an ad agency and the AC Milan football team, Berlusconi built up his Fininvest empire to become Italy's richest man. In 1993 he entered politics, declaring his newly launched party to be a "pole of liberty" - though for many, his sudden political awakening was a transparent effort to protect his own business interests...

Author: /time Magazine | Title: How Silvio Berlusconi Uses Women on TV | 11/30/2009 | See Source »

Zelaya had sought to address such problems in Honduras, where 70% of the population lives in poverty and the richest 10% owns more than 40% of the wealth. But measures like a minimum-wage hike irked the political and business élite who fear Zelaya's ties to firebrand Venezuelan President Hugo Chávez. Zelaya overreached in June when he defied a Supreme Court order not to hold a referendum asking if a constitutional-reform assembly should be held. But instead of trying him legally for that crime, Zelaya's foes committed their own - flying him off to exile...

Author: /time Magazine | Title: In Central America, Coups Still Trump Change | 11/30/2009 | See Source »

...down strike that blocked vehicles from leaving, UCLA student leader Michael Hawley spoke through his bullhorn, "We want one regent to come out to speak to us about why the world's richest country will be denying some students higher education next quarter." Police responded by telling demonstrators they had three minutes to leave before being arrested. Then, forming a flying wedge, police led a small group of regents to another building...

Author: /time Magazine | Title: Tuition Hikes: Protests in California and Elsewhere | 11/21/2009 | See Source »

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