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...largest amount realized thus far was the €35,905,000 ($45,264,579) for French Impressionist Henri Matisse's painting Les coucous, tapis bleu et rose (Cuckoos on a blue and pink carpet), which went for twice Christie's estimate. Similarly, a Constantin Brancusi sculpture valued at up to €20 million ($25,877,114) sold for €29,185,000 ($36,792,835). In all, more than 700 items are up for sale at the three-day auction, which Christie's believes could bring in as much as €300 million ($384 million). (See pictures from the auction...

Author: /time Magazine | Title: Saint Laurent Art Sets Records | 2/24/2009 | See Source »

...biggest upset in the specialty categories was the Best Foreign Language Film win for the Japanese Departures, about an out-of-work musician who takes a job preparing corpses at a funeral home. It emerged victorious over, among others, the French school drama - and Palme d'Or winner - The Class (Entre les Murs) and the odds-on-favorite, Waltz with Bashir, the Israeli animated documentary. Both films had earned critical raves in the States. Nobody, though, was startled that the Oscar for Best Animated Feature went to WALL-E, or that Man on Wire was voted Best Documentary Feature...

Author: /time Magazine | Title: Reflections on Oscar: Bollywood Takes Hollywood | 2/23/2009 | See Source »

...receive an honorary award. Would the long-ago star-director of imaginative, raucous comedies prance out and shout "Mel-vin!"? Would he, bearing in mind how he's been scorned by mainstream U.S. critics but revered in the pages of Cahiers du Cinema, give his acceptance speech entirely in French? Would he lecture the Academy because it cited him for his humanitarian efforts and not his comic genius...

Author: /time Magazine | Title: Reflections on Oscar: Bollywood Takes Hollywood | 2/23/2009 | See Source »

...French President Nicolas Sarkozy was just as adamant. "We can't afford failure in London," he said after Sunday's meeting. "We have to succeed and we can't accept that anyone or anything will get in the way of this summit, which will be a historic summit. We will be successful [because] if we fail there will be no safety...

Author: /time Magazine | Title: Europe Calls for Tougher Rules on Global Markets | 2/23/2009 | See Source »

...comic whose genius, or even the robust grosses of his movies, nobody in Hollywood took seriously. And because he was championed as an auteur in the pages of Cahiers du Cinema, Lewis's detractors have made him the derisive punch line to every joke about the French that came after postcards and before Freedom Fries...

Author: /time Magazine | Title: Jerry Lewis Wins an Oscar at Last | 2/22/2009 | See Source »

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