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...time when Jason Bourne and James Bond are worshiped like cinema kings, when quick cuts and chase scenes are box office gold, Minghella's films seem to come from a bygone era. The lingering shots; the scenes that measure out in minutes, not seconds; the dialogue where silence says as much as words - his motto could have been "Just Because Nothing Happens Doesn't Mean Nothing Is Happening." Watching a Minghella film takes patience, but it can be a rewarding wait. "He was not a stylist as a director," David Puttnam, a British film producer and friend of Minghella...

Author: /time Magazine | Title: Director Anthony Minghella, 1954-2008 | 3/18/2008 | See Source »

...When people think of hunting, they think of England, and in England they hunt to kill. And you know what? There are good reasons for that because of their agricultural practices. They're not brutes. But we don't have those problems. So in America, you just hunt to chase...

Author: /time Magazine | Title: Rita Mae Brown: Loves Cats, Hates Marriage | 3/18/2008 | See Source »

...read all about the combined woes afflicting the economy: the credit crunch, the subprime mortgage crisis, the housing slump. Things are bad out there, especially when the Federal Reserve has to intervene and rescue the financial markets from chaos, helping JPMorgan Chase buy collapsing investment bank Bear Sterns for a mere $2 a share. But even in the toughest times, some businesses and banks come...

Author: /time Magazine | Title: Retail Stars of the Recession | 3/18/2008 | See Source »

...Houses.” The former Treasury secretary also devoted much of his prepared speech to a discussion of the country’s current economic turmoil—in particular, yesterday’s decision by the Federal Reserve to lend up to $30 billion to JPMorgan Chase to absorb floundering investment bank Bear Sterns. Summers said that the takeover was “as dramatic an episode for the U.S. financial system as we’ve had” since the stock market crash of 1987, but he called the decision “appropriate...

Author: By Elissa F. Jennings, CRIMSON STAFF WRITER | Title: Summers Encourages Students To Take Risks | 3/18/2008 | See Source »

...active in this market, with the top 25 banks holding more than $13 trillion in credit default swaps - where they acted as either the insured or insurer - at the end of the third quarter of 2007, according to the Comptroller of the Currency, a federal banking regulator. JP Morgan Chase, Citibank, Bank of America and Wachovia were ranked among the top four most active, it said...

Author: /time Magazine | Title: Credit Default Swaps: The Next Crisis? | 3/17/2008 | See Source »

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