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...fact, much of Hall's ability to produce outsized profits for Citi comes from the creative ways he had found to make money off the oil markets, doing things that would either be impossible for the average small trader or that most traders just won't think of. Earlier this year, for instance, Hall and his traders rented a tanker and filled it with 1 million barrels of oil. Oil prices were down, but most traders thought they were going up again, so futures contracts pegged to distant-month deliveries were expensive. The better deal was the real thing...

Author: /time Magazine | Title: How Citi's Andrew Hall Made $100 Million Last Year | 10/19/2009 | See Source »

Every director of the top three pictures scored personal bests. Wild Things made 44% more in a weekend than what either of Jonze's previous two features, Being John Malkovich and Adaptation, earned in their entire runs. (Mind you, Wild Things cost a lot more: at least $80 million.) Law Abiding Citizen had the highest per-screen average of any film directed by F. Gary Gray. Oren Peli is a first-time auteur, but since he made Paranormal Activity in 2006 for a laughably low $11,000, he could boast that his movie made back more than twice its budget...

Author: /time Magazine | Title: Box-Office Weekend: A Winner with Wild Things | 10/18/2009 | See Source »

...literature can be found in Michael Frayn’s play “Copenhagen,” which imagines and reimagines the enigmatic meeting between physicists Niels Bohr and Werner Heisenberg in the Nazi-occupied Denmark of 1941. Heisenberg was working on the Nazi nuclear project (either on a bomb or a reactor—we still don’t know); Bohr was a Dane, and would later flee due to his Jewish ancestry. The meeting ended badly, and the two, once the best of friends, never spoke again...

Author: By Adam L. Palay, CONTRIBUTING WRITER | Title: Keats & Quanta: The Cat Is Dead | 10/16/2009 | See Source »

...after the election so that he can finish out his term, which ends on Jan. 27. "We've always preferred a restoration of constitutional and democratic order in Honduras that includes the restoration of Manuel Zelaya," one State official tells TIME. "But the elections are going to take place either way, and the international community needs to come to terms with that fact...

Author: /time Magazine | Title: Is U.S. Opposition to the Honduran Coup Lessening? | 10/16/2009 | See Source »

...Either way, the State official says the long-term needs of Honduran democracy should also be weighed. Both sides have to "construct a national dialogue" that addresses "the political polarization plaguing Honduras in the first place," the official says, adding that the election "could end up providing new political leadership that finally confronts that problem." And to their credit, the leading presidential candidates - Porfirio Lobos of the National Party and Elvin Santos of the Liberal Party - have contributed responsibly to resolving the crisis...

Author: /time Magazine | Title: Is U.S. Opposition to the Honduran Coup Lessening? | 10/16/2009 | See Source »

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