TIME Magazine content is available exclusively for TIME subscribers.

Current subscribers for full access. Not a TIME subscriber? .

Et Cetera

JUNK BONDS TO JAIL

Financier Charles Keating Jr., who cost investors $250 million when his Lincoln Savings & Loan Association in Irvine, Calif., collapsed, was sentenced last week to 10 years in prison and fined $250,000. "Charles Keating did not steal a loaf of bread," said Harriet Chappuise, one of the elderly people who lost money in the failure. "He stole the bread out of the mouths of thousands of old people."

FARE DEAL

American Airlines announced that it would overhaul its pricing structure and cut fares as much as 50%. By creating four basic fare categories -- first class, 21-day...

Time.com on Digg

POWERED BY digg

For use in rail of Articles page or Section Fronts pages. Duplicate and change name as necesssary to distinguish.