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...ceremony on Dec. 18, it is not in such a celebratory mood. Hollywood's largest actors' union is currently grappling with whether or not to go on strike against studios over revenue from online films and television shows - the same issue that compelled writers to strike for 100 days earlier this year. On Dec. 15, a New York City SAG town-hall meeting devolved into a heated back and forth between union President Alan Rosenberg - who is planning to spend $100,000 of the group's money to lobby for a strike - and many New York-based actors who questioned...

Author: /time Magazine | Title: The Screen Actors Guild | 12/18/2008 | See Source »

...musical - which means no Elton John or Howard Ashman-Alan Menken songs to build a Broadway score around. More crucially, it is the first of the computer-animated films to be turned into theater - which presents different challenges. The romantic sweep and handcrafted classicism of Disney's earlier films could in no way be translated literally to the stage - and that inspired directors like Julie Taymor (The Lion King) and Francesca Zambello (The Little Mermaid) to come up with unique, often inspired stage equivalents. Computer animation, however, adds a level of realistic detail - nuances of facial expression, a more subtle...

Author: /time Magazine | Title: Shrek Comes to Broadway: No Happy Ending | 12/18/2008 | See Source »

Four months earlier, the medics had raced to the scene of a shooting, only to find the victim dead from blood loss, ripped apart by bullets from an AK-47. After an initial review, they left the scene--unaware that the dead man clutched an unpinned grenade beneath him, an explosive the military later defused. "If the medics had just moved the body a little, the grenade could have exploded," says ambulance chief González. "Not even a bulletproof jacket could save them from that. The only way we are going to be safer is if this violence calms down...

Author: /time Magazine | Title: Postcard from Culiacán | 12/17/2008 | See Source »

...hasn't changed much since Charles Ponzi's 1920 fraud: 1 Entice investors by promising an unusually lucrative rate of return. 2 Use a portion of the raised capital to pay out early dividends, thereby giving the appearance of legitimacy--which in turn attracts more investors. 3 Pay off earlier investors with money accrued from later victims. 4 When no further capital can be raised, skip town before the scheme collapses...

Author: /time Magazine | Title: The World | 12/17/2008 | See Source »

...Dean Michael D. Smith announced a freeze on faculty salaries and cut 70 percent of faculty searches earlier this month, just weeks after freezing staff hiring in the school. Two weeks ago, Harvard Medical School and FAS administrators asked their departments to plan for 10 percent budget cuts in light of the deteriorating financial situation. And last week, the Harvard Kennedy School announced it would freeze salaries and slow or stop faculty and staff hiring except in cases of "extremely high strategic priority...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Yale Loses a Quarter of its Endowment | 12/17/2008 | See Source »

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