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...Senator Carl Levin of Michigan, who in January will become the ranking Democrat on the Permanent Subcommittee on Investigations, called for hearings on the GAO's findings. "Are major U.S. banks, wittingly or unwittingly, helping criminals move funds to safe harbors around the world?" Levin asked. "If the answer to that question is yes, then the Congress had better close down the loopholes that allow it." Already this week federal regulators will issue new rules requiring banks to confirm the identities of their customers and the sources of large fund transfers...

Author: /time Magazine | Title: Just Hide Me The Money | 12/14/1998 | See Source »

...Long-Playing Record 1948, by Peter Carl Goldmark...

Author: /time Magazine | Title: One Hundred Great Things | 12/7/1998 | See Source »

SARAN WRAP In 2000 Year Old Man, Mel Brooks tells Carl Reiner that "the greatest thing mankind ever devised, I think, in my humble opinion, is Saran Wrap." Why? Because "you can put a sandwich in it! You can look through it!...It's so good and cute." Dow Chemical introduced its revolutionary packaging material, which is durable, airtight, transparent and flexible...

Author: /time Magazine | Title: One Hundred Great Things | 12/7/1998 | See Source »

...program instantly covers a creature's body with pockmarks), computers cut that time dramatically. Such efficiencies haven't yet made animated films much cheaper, of course; actually producing movies for less money would violate the laws of Hollywood physics. "The cost for visual images comes down every year," says Carl Rosendahl, president of Pacific Data Images, which did effects for Antz. "But you'd rarely want to do today the same thing you did yesterday. So the per-shot cost doesn't drop, but your money buys things you couldn't even imagine five or six years...

Author: /time Magazine | Title: Cinema: Animators, Sharpen Your Pixels | 11/30/1998 | See Source »

Marcantonio was Lisa Pon's personal point of departure as well: "The idea actually started when I was studying last year for my exams. I was pulling out all of the Marcantonio prints and Marjorie Cohn [Carl A. Weyerhauser Curator of Prints] asked me if I wanted to do a show." Marcantonio was a rather infamous counterfeiter in his time. He is considered the preeminent reproductive engraver, "the first and the best." For Pon the show began as a meditation on Marcantonio's copies of Durer, but evolved because she wanted to put those prints (the ones in the hallway...

Author: By Brooke M. Lampley, CONTRIBUTING WRITER | Title: Art Imitates Art at the Fogg Museum | 11/20/1998 | See Source »

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