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Soros runs his philanthropy and his business from the same place, a couple of floors of shopworn offices in New York City. On two floors overlooking Central Park, Soros Fund Management operates with the standard mission-control banks of computer terminals, manned by frantic traders looking for profits in the interstices of monetary flows. His best-known division, the Quantum Fund, is a so-called hedge fund that invests for rich clients. (See box.) The company itself has $18 billion in assets under management. It is also a vulture investor, taking positions in distressed companies in anticipation of a turnaround...

Author: /time Magazine | Title: TURNING DOLLARS INTO CHANGE | 9/1/1997 | See Source »

...guilty secret of John Cassavetes' films was that they relied on Hollywood star quality. His lupine smile sent out laser beams of frantic menace, and Gena Rowlands had (still has) a face the camera can't stop watching. When she shows up in She's So Lovely to hear Penn murmur, "You're a very beautiful woman, and I haven't been around the kindness of women in some time," it's a sweet tribute from this generation of Method mesmerizers to the one who taught them...

Author: /time Magazine | Title: CINEMA: IF JOHN COULD SEE THEM NOW... | 8/25/1997 | See Source »

...have rarely seen, in a picture intended for mainstream audiences, the kind of sustained suffering Moore's character endures here. But the director, Ridley Scott, a great imagist, imparts a bleak, often astonishing beauty to the brutal, frantic (and generally drenched) scramble of training exercises. And he does not eroticize the movie's violence, handling the kinky, if unspoken, attraction that develops between O'Neil and Viggo Mortensen's master chief, the man in charge of clubbing the baby SEALs into fighting trim, with sardonic objectivity. We know where Scott's sympathies lie--he did, after all, make those terrific...

Author: /time Magazine | Title: CINEMA: ONLY THE STRONG SURVIVE | 8/25/1997 | See Source »

...popular films of Alfred Hitchcock show that the American people love terror, horror and pain. The Andrew Cunanan-Gianni Versace murder case seems to have that ring to it [NATION, Aug. 4]. No one would have thought that this murderer would put the nation in such a frantic state. With Cunanan's desperate suicide, the worst of this nightmare is over, but we will probably never know what caused him to commit five murders across the country. MARGARET JONES Prescott...

Author: /time Magazine | Title: Letters: Aug. 25, 1997 | 8/25/1997 | See Source »

...YORK: Will the market bounce back into steadily-rising mode after another frantic Friday? Most likely. Friday's wild ride-with the Dow giving up as much as 2 percent in value before recovering most of the lost ground-was a symptom of market jitters rather than a sign that the bull run is over. What's the Dow doing now? Check here...

Author: /time Magazine | Title: Will the Market Rise Again After Frantic Friday? | 8/25/1997 | See Source »

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