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...Academy of Motion Picture Arts and Sciences discovered that The Young Americans was first shown in late 1967, making it ineligible for the awards presented in 1969, the Academy took back his golden statuette--the only revocation in the Academy Awards' 80-year history. Though Grasshoff went on to direct several TV shows and the 1973 documentary Journey to the Outer Limits, he never won another Oscar...

Author: /time Magazine | Title: Milestones | 4/24/2008 | See Source »

...story reminds one a little of J.K. Rowling's--Rowling wrote Harry Potter and the Sorcerer's Stone as an unemployed single mom while her baby daughter slept--and Meyer is quick to point out that her success is a direct result of the way Rowling changed the book industry: children are now willing to read 500-page novels, and adults are now willing to read books written for children. But as artists, they couldn't be more different. Rowling pieces her books together meticulously, detail by detail. Meyer floods the page like a severed artery. She never uses...

Author: /time Magazine | Title: Stephenie Meyer: A New J.K. Rowling? | 4/24/2008 | See Source »

...dragging your suitcase into the Littauer parking lot at 4 a.m. to go to the airport. I’m not sure what higher force decreed for our freshman Alternative Spring Break (ASB) trip to leave for Biloxi, Miss.—which had been in the direct path of Hurricane Katrina—before dawn on Housing Day. But sharing housing assignments in Chicago’s O’Hare Airport—“I’m in Eliot!” and “I’m in Currier...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: I Believe in a Thing Called Love | 4/24/2008 | See Source »

...write-downs over the last few months. Spooked by these signs of slack judgment, some private-banking clients have yanked their cash; shareholders have even called for the investment and private-banking units to be split. C. Hoare & Co., meanwhile, with neither an investment-banking unit nor any direct exposure to subprime assets, has seen cash pour in from customers seeking safety. The old tortoise has never looked in better shape...

Author: /time Magazine | Title: Private Banking: Old-School Rules | 4/23/2008 | See Source »

...opposing the U.S. over Iraq, France was too direct: undeniably right in content, but probably wrong in style. Americans, deeply wounded by the shock of 9/11, felt betrayed by their old and passionately difficult ally. Today, in contrast, France's positions toward China draw offense through their very lack of clarity. The murkiness reflects France's contradictions and renders France - the first Western country to open a dialogue with communist China in the early '60s - particularly vulnerable to China's pressures. Nicolas Sarkozy, France's new President, seems caught between his desire to show that he is not the prisoner...

Author: /time Magazine | Title: To Lose Face, Or Lose Contracts? | 4/23/2008 | See Source »

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