VANITY FAIR

JULY 2009 NO. 587 VANITYFAIR.COM

FEATURES

JOHNNY DEPP’S GREAT ESCAPE 56

After the tough Chicago filming of this month’s Public Enemies, Johnny Depp craved time on his private Caribbean island. Douglas Brinkley joins the “real” Captain Jack Sparrow aboard his 156-foot yacht, flying the Jolly Roger all the way to a gonzo paradise. Photographs by Francois-Marie Banier.

THE MADOFF CHRONICLES, PART III: DID THE SONS KNOW? 66

Mark and Andrew Madoff worked their entire lives for their father, and when his Ponzi scheme collapsed, so did their worlds. With the brothers’ assets under scrutiny and their name savaged, David Margolick questions how much guilt they bear.

TUBULAR GIRLS 74

Michael Halsband and Adam Klappholz spotlight the new female stars of surfing.

PIRATE OF THE CARIBBEAN 76

In the shady financial waters of Antigua, Allen Stanford spent lavishly to woo private-banking clients—and indulge his own appetites for women and cricket. Now the flamboyant Texan is fighting charges he’s the Madoff of Latin America. Bryan Burrough investigates the alleged $8 billion fraud.

WALL STREET’S TOXIC MESSAGE 82

The aftershocks of America’s economic quake could be especially brutal in the Third World. Joseph E. Stiglitz warns that developing nations, disillusioned and angry, may turn away from free markets altogether—to their detriment and ours. Illustration by Edward Sorel.

THE CODE OF MISS PORTER’S 86

Generations of well-bred girls, from Bouviers to Vanderbilts to Rockefellers, have undergone the not-so-genteel rites of passage at Miss Porter’s School, in Farmington, Connecticut. As an expelled student takes the school to court, Evgenia Peretz hits campus. Photographs by Jonathan Becker.

THE HAMPTONS STRESS TEST 96

By real-estate standards—and in the Hamptons are there any other?—this season reeks of desperation. Michael Shnayerson maps a bottom-feeder’s delight of stalled sales and legal face-offs. Photographs by Doug Kuntz and Stephen Wilkes.

NANCY REAGAN’S SOLO ROLE 106

How has Nancy Reagan fared since her husband's death, five years ago? In a rare in-depth interview, the former First Lady opens up to Bob Colacello about her White House years, the Obamas, and Ronnie’s continuing presence in her life. Photographs by Jonathan Becker.

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JULY 2009 NO. 587 | VANITYFAIR.COM

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FANFAIR

31 DAYS IN THE LIFE OF THE CULTURE 17

Seventy years of Richard Avedon’s fashion photography 37

Graham Fuller is smitten with Cheri; Julian Sancton gets in on the joke with Mike Sacks; Anya Hindmarch’s carryall with a conscience; Hot Looks 38

Cynthia Kling takes note of Thornwillow Press; My Stuff—James Perse 19

COLUMNS

THE LOVELY STONES 44

Athens’s new Acropolis Museum showcases the world’s most perfect structure, the Parthenon. But Christopher Hitchens laments one cruel flaw: part of the temple is in London.

THE POWER AND THE STORY 48

As the struggling news establishment cozies up to Obama, Michael Wolff prods the president’s press team to discuss a dangerous subject—their mastery of the media game.

VANITIES

EHRENREICH APPARENT 53

Bruce Feirstein surveys the nouveau riche lifestyle before and since the crash; Howard Schatz captures Geoffrey Rush in character 54

John Heilpern has a hot dog with Eliot Spitzer 55

ET CETERA

EDITOR’S LETTER 30

CONTRIBUTORS 32

LETTERS The Case for the Times 34

FAIRGROUND | 41

CREDITS 126

PROUST QUESTIONNAIRE Judd Apatow 128

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