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...studio estimates, the picture earned $48.5 million, or more than the combined take of the next three movies: the Victorian action-adventure Sherlock Holmes, the singing-rodents comedy Alvin and the Chipmunks: The Squeakquel and the vampire drama Daybreakers, the weekend's one new release to crack the top four. (See Top 5 Underrated Sci-Fi Movie Masterpieces...
Avatar has now beaten, crushed, spindled and mutilated the competition for four weekends in a row, the first movie to do so since The Dark Knight in the summer of 2008. This week it will also become the first Hollywood feature film to top $100 million worldwide in specialized IMAX theaters - which charge more per ticket, as do the 3-D showings in regular theaters, and help boost Avatar's overall numbers. Out for just 24 days, the movie has earned an astounding $429 million on domestic screens, which means it dethroned Transformers: Revenge of the Fallen...
...leaves only The Dark Knight ($533.3 million) and the all-time champ, Cameron's own Titanic ($600.7 million). In worldwide gross, Avatar is just as impressive: it made another $300 million or so this past week for a total of $1.3 billion. That vaulted it past three of the four other billion-dollar movies: The Dark Knight, the second episode of Pirates of the Caribbean and the conclusion to the Lord of the Rings trilogy are now in Avatar's dust. Again, only Titanic, at $1.8 billion, remains...
This week the commission to investigate the causes of the financial crisis will hold its first public hearing. First up to be accused of causing massive foreclosures, nearly bankrupting our financial system and robbing us all of our retirement savings: Wall Street CEOs. On Wednesday, four top financial executives are scheduled to testify in front of the commission, including Bank of America's recently appointed chief Brian Moynihan, Goldman Sachs' Lloyd Blankfein, JPMorgan's Jamie Dimon and Morgan Stanley's John Mack...
...savings imbalances, that could have either caused the financial crisis or made it worse. Modeled after the 9/11 commission, the FCIC is much larger than any other panel or watchdog created in wake of the financial crisis. The FCIC has 10 members, including six appointed by Democratic lawmakers and four appointed by Republicans. It has a budget to hire 35 staffers and until Dec. 15, 2010, to complete its work...