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...never seen her show and the thought of his book having "that logo of corporate ownership on it" dismayed him. "[S]he's picked enough schmaltzy, one-dimensional ones that I cringe," said Franzen at the time. Winfrey's reaction was swift: she rescinded an invitation for Franzen to appear on her show. (The Corrections stayed in the club; Franzen, chastened perhaps by his publisher, thanked Oprah in his acceptance speech when the novel won the National Book Award...

Author: /time Magazine | Title: Oprah's Book Club | 9/26/2008 | See Source »

...Savov at Credit Suisse says the banking problems could slow domestic investment and industrial growth. But significantly, Russia's most important banks don't appear to be at risk - in fact, their conservative behavior, rather than risky practices, may be holding the economy back. About 40% of the nation's deposits is in the hands of three stodgy institutions with strong ties to the Kremlin - Sberbank, VTB and Gazprombank - that have been increasingly loath to lend to some 1,200 scrappy, smaller rivals. This is contributing to the liquidity squeeze. "It's the second- and third-league firms and banks...

Author: /time Magazine | Title: Red Tide at the Casino | 9/25/2008 | See Source »

...favor, including strong performances, visual delights, and a moving score. However, the movie as a whole is less than the sum of its parts. While it’s not expected for a period drama to be mind-blowingly original, it should have something that makes it at least appear different. Moments of “passion” and revelation in the movie are met with lines of dialogue that could have been taken straight out of a contemporary soap opera, with liberal dashes of 18th century language, of course. We are expected to sympathize with Georgiana, because...

Author: By Betsy L. Mead, CRIMSON STAFF WRITER | Title: The Duchess | 9/25/2008 | See Source »

...Consultants have spent the equivalent of entire geologic ages trying to come up with the one item every candidate deeply pines for: the devastating one-liner. To be really devastating, the line must appear to be true, clever and, especially, spontaneous. So teams of moonlighting Hollywood comedy writers have been churning out ideas for weeks. The classic of the genre is Ronald Reagan's retort to Jimmy Carter in 1980: "There you go again." But nothing is worse than an overlabored gotcha line that falls horribly flat, so spin doctors must first do no harm. Part of this...

Author: /time Magazine | Title: There They Go Again | 9/25/2008 | See Source »

...North's latest gambit comes just weeks after reports that "Dear Leader" Kim Jong Il suffered a stroke, so it's unclear who is making decisions in Pyongyang. Diplomatic sources have told TIME that while Kim did appear to be ill, he was not completely incapacitated. Aides to South Korean legislators say their bosses were told at a recent intelligence briefing to expect Kim to return to power. At any rate, there is little to no policy difference between the upper echelons of the regime and the North Korean military on the nuclear issue. In other words, whether Kim decided...

Author: /time Magazine | Title: What's Behind North Korea's Nuclear Power Play | 9/25/2008 | See Source »

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