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...makeover is just one part of the British film industry's new self-esteem boost. Last year, a near record amount of money was spent on making movies in Britain. And after British talent came home weighed down with Golden Globes last month, it's a good bet the same will happen at the Oscars on Feb. 25. This kind of success can get people overexcited, thinking that maybe - just maybe - this is the year that Britain will finally step out of Hollywood's shadow. But it will never happen. Britain's industry is far too small to compete with...

Author: /time Magazine | Title: One for the Little Guy | 1/31/2007 | See Source »

...freedom to make his movie his way. "If I tried to do The Last King of Scotland through the U.S. studio system, it would be a very different film, if it had ever been made at all," he says. "Because it would have had to cost a certain amount of money, which would have meant it would have had to cast certain stars and a script that didn't offend too many people and wasn't too violent ? The whole thing would have gone in circles...

Author: /time Magazine | Title: One for the Little Guy | 1/31/2007 | See Source »

Proposals for relief include channeling more water out of Lake Michigan into the Chicago River and reversing two Canadian rivers that spill into Lake Superior. But experts are pessimistic. "Lowering the lake levels by any significant amount is going to take eight to twelve years," says Wisconsin Sea Grant's Jim Lubner. "Even under the most aggressive plans proposed, we're talking about lowering the levels only a foot...

Author: /time Magazine | Title: Environment: And Now, the Greater Lakes | 1/26/2007 | See Source »

Springsteen's known charitable contributions, substantial though they are, amount to only a small fraction of his income. What he does with the rest is a mystery to almost everyone except the staff of Breslauer, Jacobson and Rutman, the Los Angeles accounting firm that discreetly handles many of Springsteen's business affairs. At the firm's elegant quarters on Wilshire Boulevard, a TIME reporter was warned that he would be "thrown out of the office" if he persisted with questions about the Boss's finances...

Author: /time Magazine | Title: The Boss's Thunder Road to Riches | 1/26/2007 | See Source »

...There were solid grounds for that concern. The General Accounting Office, an investigative arm of Congress, reported last week that the State Department was unable to account definitively for some $17 million of the $27 million that Congress had authorized for the program. The GAO claimed that a small amount was actually spent on military equipment; an Administration source confirmed this but blamed a mistake by a contractor. In another example of undocumented spending, diplomats familiar with the project say that $900,000 had been paid indirectly to officials in Honduras as bribes to win approval to ship supplies through...

Author: /time Magazine | Title: Pursuing the Money Connections | 1/26/2007 | See Source »

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