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...whose company just announced a record €1.4 billion third-quarter net loss, John Mack, incoming co-CEO of the Credit Suisse Group, sounds mighty confident. Despite the red ink, the affable American, whose manner belies his nickname of "Mack the Knife," is buoyant. "I'm an optimist," he told Time. Given Credit Suisse's recent track record, Mack could be accused of wishful thinking. Consider how the 146-year-old bank - Switzerland's second-largest, with operations globally - has seen its key divisions gouged by hostile market conditions. In the third quarter Winterthur, Credit Suisse's insurance arm, punched...

Author: /time Magazine | Title: How to Stop Sinking | 11/17/2002 | See Source »

Nobody is tracking Qatar's political winds more closely than the U.S. troops stationed at al-Udeid. Meeting journalists last month, the force's buoyant commander, Colonel Timothy W. Scott, said Qataris seemed pleased by the growing American presence. "You drink a lot of tea, you talk, and you get to know each other," he said. "It's just a real friendly environment." But days later, after two terrorist attacks on U.S. troops in Kuwait, Scott canceled the passes that had allowed his troops to head into Doha on their days off to down some burgers at the local Chili...

Author: /time Magazine | Title: Reaching Out to a Powerful Friend | 11/4/2002 | See Source »

...show of the late 1950s and '60s, and the naive outrage of Hairspray heroine Tracy Turnblad at the show's race discrimination--blacks are relegated to a once-a-month "Negro day"--is satisfying in a storybook, wish-fulfilling way. As the chunky Tracy, Marissa Jaret Winokur is a buoyant fireplug who almost convinces us that she really can outdance everyone else onstage. (Choreographer Jerry Mitchell helps by keeping the chorus kids in check.) And Shaiman's songs (with lyrics co-written by Scott Wittman) are fun, even if they never go much beyond parody. When the numbers aren...

Author: /time Magazine | Title: Desegregation Doo-Wop | 8/26/2002 | See Source »

...Meyer wasn't crazy about some of these efforts. In his rampaging autobiography "A clean BREAST! The Life and Loves of Russ Meyer," he writes of the 1962 "Erotica" that "the film made more than a couple of bucks" and adds, in a note of despondency rare to this buoyant memoir, "There's no accounting for taste...

Author: /time Magazine | Title: Thanks for the Mammaries | 8/2/2002 | See Source »

...other, weirder film is "Makers of Melody," an early-talkie (1929) short that purports to depict R&Hart's laborious, five-year rise from uptown anonymity to midtown stardom. (An little irony: after shooting the film, R&Hart went to Hollywood, where, with the exception of the buoyant "Love Me Tonight" and the ambitious misfire "Hallelujah, I'm a Bum," they spent another five, largely frustrating years.) This time, the songwriters play themselves; and though it may be due to our boys' limited acting skills, there seems an undertaste of distaste that Dick shows Larry. Hart is humiliated...

Author: /time Magazine | Title: That Old Feeling: Heart to Hart | 7/8/2002 | See Source »

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