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...denounced by Britain's splenetic right-wing Member of Parliament, Enoch Powell, as a "crypto-imperialist" and has been nominated for the Nobel Peace Prize. Certainly Geldof s lively penchant for the vernacular would make for a salty acceptance speech in Oslo, but any wishful, wistful speculation about the award's being grabbed by a rocker should not steer clear of the main point. Rock music, the most formidable force in Western popular culture, found a focus and a conscience this year and saved a great many lives. Rock sang, for a while, in unison, and Bob Geldof was choirmaster...

Author: /time Magazine | Title: Bob Geldof: All-Out Aid: Rock's New Spirit | 6/21/2005 | See Source »

...caliph of Columbia Pictures, learns that Choreographer Jack Cole has pronounced a script for Ann Miller garbage. Cohn agrees, but demands, "What . . . does it matter to her? She's just a dumb broad with large thighs." Introduced to Kim Stanley, who was to be nominated for an Academy Award, Cohn asks her director, "Why are you bringing me this girlie? She's not even pretty...

Author: /time Magazine | Title: Books: PEOPLE WILL TALK | 6/21/2005 | See Source »

...week beat out 22 models Ashlock: living legend from 22 countries (including China) to become what the promoters modestly proclaim is the "Supermodel of the World." The contest, once known less grandiosely as "Face of the Eighties," is conducted annually by the Eileen Ford modeling agency, which will now award Monica a three-year $250,000 contract, a $10,000 diamond pendant and a $6,500 fox fur. The Toronto ninth-grader hopes eventually to break into the movies, but is satisfied for the moment with the profession she has been practicing for all of eight months. "The best part...

Author: /time Magazine | Title: People: Jan. 27, 1986 | 6/21/2005 | See Source »

Some insurers are shying away from covering certain types of risks at any price. If there is no way of figuring what kind of damages a jury might award to the parents of a child molested at a day-care center, for example, then the companies will find it best to stop writing that kind of insurance at all. Says James Wood, a member of a firm of actuaries whose headquarters are in Atlanta: "If you are an insurer and have $100,000 in assets, do you want to risk those assets to keep day-care centers open? The answer...

Author: /time Magazine | Title: Nation: Sorry, Your Policy Is Canceled | 6/21/2005 | See Source »

Insurers and some of their customers blame aggressive lawyers, inventive judges and soft-hearted juries for twisting legal concepts of negligence into novel shapes to justify excessive damage awards to people who claim personal injury (a tort in legal parlance). Avaricious lawyers, they argue, seek outrageously high damages for clients who have flimsy cases, so that the lawyers can reap huge contingency fees (if the case fails the plaintiff's attorney earns nothing, but if it succeeds he commonly takes one-third and, on occasion, as much as 50% of the award). Says Edward Levy, general manager of the Association...

Author: /time Magazine | Title: Nation: Sorry, Your Policy Is Canceled | 6/21/2005 | See Source »

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