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Almost every reference to the financial regulatory plan that was unveiled today by President Obama is prefaced with something along the lines of "the most sweeping overhaul of financial regulation since the 1930s." Obama himself used such language in his speech this afternoon...

Author: /time Magazine | Title: Is Obama's Financial-Reform Plan Bold Enough? | 6/18/2009 | See Source »

...reached out to Twitter and asked them to delay a network upgrade that was scheduled for Monday night. The reason? To protect the interests of Iranians using the service to protest the presidential election that took place on June 12. Twitter moved the upgrade to 2 p.m. P.T. Tuesday afternoon - or 1:30 a.m. Tehran time. (Read "The Iran Election: Twitter's Big Moment...

Author: /time Magazine | Title: Iran Protests: Twitter, the Medium of the Movement | 6/17/2009 | See Source »

...enough folks asked, "Should I see Pelham 1 2 3?" It finished somewhat below industry expectations. But a Sunday-afternoon quarterback has a few explanations. 1. While Washington and Travolta are certified stars who can get movies greenlit, they don't often make blockbusters. 2. The audience for R-rated films, necessarily limited by age, was still flocking to The Hangover. 3. Pelham is a remake of a 1974 thriller that didn't exactly acquire legendary status. 4. Though the new picture was promoted as an action thriller, it's basically two guys talking tensely on the phone - in other...

Author: /time Magazine | Title: Box Office Weekend: The Hangover Parties On | 6/15/2009 | See Source »

...this for New York in the mid-'70s: from its desperate blight emerged some pretty sharp movies. Back then, children, Hollywood was actually interested in reflecting contemporary society, and this poster child for urban dystopia provided the perfect setting. A raft of films - Serpico, Death Wish, Dog Day Afternoon, Taxi Driver - navigated that stinky Styx with the expertise of a champion white-water rafter. A lesser but still pertinent entry was The Taking of Pelham One Two Three, which starred Robert Shaw as the criminal mastermind and Walter Matthau as the transit detective trying to talk...

Author: /time Magazine | Title: Pelham 1 2 3: Riding into the Past | 6/12/2009 | See Source »

...beginning of the year, a total of 235 people - 48 civilians, 112 bandits and 75 law enforcement officers - have been killed in the North Caucasus. Observers believe the real number to be much higher. Following Medvedev's visit, two policemen in Dagestan were killed by gunmen on Tuesday afternoon. On Wednesday, the deputy chief judge of the Supreme Court of Ingushetia was murdered by unidentified gunmen outside a kindergarten...

Author: /time Magazine | Title: Has Russia Lost Control of the North Caucasus? | 6/12/2009 | See Source »

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