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Monday's Chapter 11 filing by Lehman Brothers and the bailout of Merrill Lynch by Bank of America have only added to a yearlong credit crunch that is changing the way film financing deals are structured in Hollywood. Not unlike homebuyers facing tougher standards to get a mortgage, the people...

Author: /time Magazine | Title: Financial Crisis Puts Squeeze on Hollywood | 9/18/2008 | See Source »

Companies looking to close finance deals in the next few months include the Weinstein Co., Paramount, DreamWorks and MGM. At least publicly, no one is admitting they're worried about securing financing in the new environment. MGM's fund "will be raised with a group of top banks, and it...

Author: /time Magazine | Title: Financial Crisis Puts Squeeze on Hollywood | 9/18/2008 | See Source »

McCain admits, in less exuberant settings, that drilling will not affect gas prices anytime soon, but that's not the point. The issue is an electoral winner for Republicans. Between March and June, around the time when gas settled above $4 per gallon, the American electorate shifted from its long...

Author: /time Magazine | Title: Democrats Join the 'Drill, Baby, Drill!' Chorus | 9/17/2008 | See Source »

But plug-ins won't catch on if the home is the only place drivers can recharge. By making charge stations as ubiquitous as gas stations are today, utilities can speed the end of the gasoline-powered car. Which raises yet more questions: How will utilities charge customers for recharging...

Author: /time Magazine | Title: Is America Ready to Drive Electric? | 9/16/2008 | See Source »

Other gifts included $25 million from Brazilian businessman Jorge P. Lemann ’61 to fund Brazilian studies, $15 million from an anonymous donor to fund science programs, $13 million from the estate of television mogul Alan Gleitsman to support social activism at the Harvard Kennedy School, and $10...

Author: By Clifford M. Marks and Nathan C. Strauss, CRIMSON STAFF WRITERSS | Title: Harvard Raises Near-Record $651 Million | 9/15/2008 | See Source »

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