Word: bernsteins
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From drugs to financials, the stock market is trying to anticipate who will win the White House this fall. Sorting it all out is a TIME panel moderated by senior writer DANIEL KADLEC and including Richard Bernstein, chief U.S. strategist at Merrill Lynch, Gregory Valliere, chief political strategist at Schwab Soundview Capital Markets, and Thomas Gallagher, chief political analyst at ISI Group...
DIED. ELMER BERNSTEIN, 82, composer who created both jazzy and gentle scores for more than 200 Hollywood films over 50 years; in Ojai, Calif. He composed the muscular jazz scores for such '50s films as The Man with the Golden Arm and Sweet Smell of Success; worked in a more delicate, bluer key for films like To Kill a Mockingbird and Far From Heaven; and created the familiar, oft heard themes for The Magnificent Seven and The Great Escape. His only Oscar came for his score (but not the songs) for Thoroughly Modern Millie...
...DIED. ELMER BERNSTEIN, 82, composer who created both jazzy and gentle scores for more than 200 Hollywood films over 50 years; in Ojai, California. Bernstein composed the muscular jazz scores for such '50s films as The Man With the Golden Arm and Sweet Smell of Success; worked in a more delicate, bluer key for films like To Kill a Mockingbird and Far From Heaven; and created the familiar, oft-heard themes for The Magnificent Seven and The Great Escape. His only Oscar came for his score (but not the songs) to Thoroughly Modern Millie...
...strategy. With cable encroaching, the broadcast networks have seen their viewership decline from 56% of households with TV sets in 1980 to 22% last year, according to Nielsen Media Research. "We have had a tremendous crash in terms of audience," says Tom Wolzien, senior media analyst for Sanford C. Bernstein & Co. At the same time, production costs have skyrocketed, from $1 million per one-hour episode in 1990 to about $2 million today...
...difficult to imagine where he would stand on current debates about prayer in public schools, say, or faith-based funding for social projects. "If there is one field of constitutional law, and law generally, where Jefferson was amazing, it's the separation of church and state," Bernstein says. "He had come to believe not in traditional English deism--that God created the universe and was the Supreme Being--but that Jesus embodied 'every human excellence' and nothing more. He thought the alliance of religion and government corrupted both, and that that endangered the liberty of the individual mind...