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...This is a fundamental change that has occurred in this recession," says Keith Leggett, a senior economist at the American Bankers Association (ABA). "It will have a lasting effect on who is able to get a mortgage in this country." (See how to plan for retirement at any age...

Author: /time Magazine | Title: Strapped Consumers Paying Credit-Card Bills Before Mortgages | 3/2/2010 | See Source »

There are many talented designers, but the work of Lee Alexander McQueen, who was found dead at age 40 on Feb. 11, was spectacular. Even if critics rejected a collection, they could not reject what he had put into it. It was never sloppy, lazy or cavalier. It was magnificently and precisely what he wanted. His diligence and attention to detail were stunning to witness. He was surgical. His draping skills were incredible and his construction beautiful. His work was whimsical and full of humor; it was subversive, political and incredibly sexual, but he had a seriousness about...

Author: /time Magazine | Title: Alexander McQueen | 3/1/2010 | See Source »

...Issues: Children and Parents in the Age of Medication...

Author: /time Magazine | Title: The Skimmer | 3/1/2010 | See Source »

...York. But as his documentaries about American and Italian cinema show, he is also an encyclopedic connoisseur, scholar and rescuer of old movies - a video savant - who makes occasional forays into genre territory. He's done romantic comedy (Alice Doesn't Live Here Anymore), Merchant-Ivoryish period drama (The Age of Innocence), a musical (New York, New York) and a thriller remake (Cape Fear). Even The Departed is an American version of a Hong Kong cop movie. Now Scorsese has taken on psychological horror, adding a filigree of frissons from Stanley Kubrick's The Shining and Val Lewton's artful...

Author: /time Magazine | Title: Shutter Island: Engrossing, Not Enthralling | 3/1/2010 | See Source »

...free thinkers brainstorming in a park, it still has a distinctly Soviet feel. It relies on central planning rather than a movement of geeks in garages, and it will be managed by the state. What it reveals, experts say, is the irreconcilable conflict between the Kremlin's new-age ambitions and age-old desire to control...

Author: /time Magazine | Title: Can a Russian Silicon Valley Spur Tech Innovation? | 3/1/2010 | See Source »

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