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...script, written by Brian Helgeland, who won an Oscar for his L.A. Confidential, does try to put a stethoscope to the current national malaise when it alludes, toward the end, to the toxic duplicity of insider trading. There's also a superrich mayor (James Gandolfini) who could be Michael Bloomberg with a bigger gut. But most of the film takes place in a fantasy present, where the Dow is at 11,000 - a relic of that halcyon era of 2008, when the movie was shot. And by emphasizing the cop-killer relationship, the picture loses the original's busy fresco...

Author: /time Magazine | Title: Pelham 1 2 3: Riding into the Past | 6/12/2009 | See Source »

...debate may be rendered moot by the financial woes of the wealthier countries, especially the current holder of the G-8's rotating leadership position, Italy. Geldof on Thursday tore into Prime Minister Silvio Berlusconi's government, which he called a "crowd of shysters" at a press conference. "How can you possibly trust any government that promises something, does nothing, and expect them to lead the world?" he fumed to reporters. "How dare they...

Author: /time Magazine | Title: Why Wealthy Nations Are Stiffing Africa | 6/12/2009 | See Source »

...sudden consensus on food-safety reform isn't necessarily the result of principled legislators standing up to moneyed interests. On the contrary, industry powers like the Grocery Manufacturers Association now support the new oversight, which reflects corporate anxiety over the volatile current system and a recognition that they need a government imprimatur to establish credibility with consumers. Peanut-butter manufacturers, after all, saw sales decline 13% in the wake of the salmonella outbreak, according to the Center for Science in the Public Interest. The spinach industry lost more than $350 million after a wave of E. coli infections linked...

Author: /time Magazine | Title: Congress Finally Gets Tough on Food Safety | 6/12/2009 | See Source »

Vautin will step into the interim role next month and oversee the University's eight administrative departments that provide basic services ranging from real estate management to facilities and maintenance operations once the current vice president Sally H. Zeckhauser—whose tenure spaned four Harvard presidencies—retires at the end of June. When Zeckhauser announced her retirement earlier this year, administrators declined to say whether a replacement would be named or whether the position would be discontinued...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: Faust Appoints Acting Vice President for Administration | 6/12/2009 | See Source »

...Everyone knew what happened - there were photos of the Concorde on fire and blowing up - but examination of the remains allowed investigators to trace the entire sequence of events back to the accident's smoking gun," says Jean Guerry, a former pilot and current assistant director of the Bourget Air and Aerospace Museum, outside Paris. "The current Air France investigation will be much harder, since little debris has been recovered, and the material that has - because it floats - will only tell one part of the story at best. Getting the black box is very important...

Author: /time Magazine | Title: Can the Air France Crash Be Solved With No Black Box? | 6/12/2009 | See Source »

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