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...distinction between Apocalypse Now and my film is that Coppola always resolved films with ready cash. There was always a lot of money flowing around. In my case, because I had to produce the film myself, I was down to the utmost limit. So I lived in a chicken coop and had nothing to eat anymore. But I remembered from Miami I had two bottles of shampoo - well, one was shampoo and the other was conditioner - and I traded it at the local market for four kilos of rice, and I ate rice for three or four weeks. That...

Author: /time Magazine | Title: Werner Herzog | 7/6/2009 | See Source »

...much will the new federal "Cash for Clunkers" program help stimulate sales? Carmakers are hoping the program will add about 250,000 units to the industry's sales total in the next few months. However, the program, which offers rebates of $3,500 to $4,500 for consumers trading in older vehicles for new, more-efficient vehicles, won't get rolling until July 24, and its $1 billion in funding expires Sept. 30. Automakers are already lobbying for more cash. Germany sank $6 billion into a similar scrappage program, China put $4 billion into its equivalent of cash for clunkers...

Author: /time Magazine | Title: How Bad Are Auto Sales? 10 Questions and Answers | 7/6/2009 | See Source »

...this year. On the plus side, the overall German share of the market is up slightly, but hanging on doesn't guarantee success. Both Porsche, which is in danger of being swallowed by BMW, and Mercedes-Benz parent Daimler AG have gone to the Middle East for more cash...

Author: /time Magazine | Title: How Bad Are Auto Sales? 10 Questions and Answers | 7/6/2009 | See Source »

...hour (not including benefits) earned by his counterpart in Grand Rapids, Mich., or Oshawa, Ont. Add in GM's crushing legacy costs - pension and health-care obligations to retirees - which are only a minor consideration in Mexico, and it explains why the country is a cash...

Author: /time Magazine | Title: Canada Spends Big to Save GM, So Why Not Mexico? | 7/3/2009 | See Source »

With budget negotiations stalled, a cash crisis looming and its fiscal crisis deepening, California today will begin issuing IOUs - formally called registered warrants - to tens of thousands of businesses and individuals to whom the state owes money. Gov. Arnold Schwarzenegger on Wednesday declared a fiscal emergency and ordered a third unpaid furlough day each month for 235,000 state employees. California's fiscal crisis has been years in the making and will not be easy to fix. But is there a solution...

Author: /time Magazine | Title: California's Budget Crisis: Is There a Way Out? | 7/2/2009 | See Source »

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