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...supposed to help or how. The favored solution so far - direct government intervention, like the $700 billion rescue package approved by the U.S. Congress or the British plan - isn't an option everywhere. Banks have become so big and so leveraged that their balance sheets can exceed the gross domestic product of the country in which they are based. That's the case in Belgium, the Netherlands and a host of smaller countries, including Iceland, where on Oct. 6 the Prime Minister warned about the possibility of a "national bankruptcy" because several banks with assets larger than the country...

Author: /time Magazine | Title: Behind the Global Markets' Meltdown | 10/8/2008 | See Source »

...Ashcroft, Former Attorney General v. Iqbal Hearing Date: Dec. 10 Background: Javaid Iqbal, a Pakistani man living and working in New York, was arrested on credit card fraud charges after the Sept. 11 attacks. While in custody in the maximum security section of Metropolitan Detention Center, Iqbal allegedly received "gross mistreatment." After being deported, he filed suit against the prison and FBI Director Robert Mueller and former Attorney General John Ashcroft, claiming multiple civil rights violations including that the officials "designed, or at least approved of, a policy of segregating Arab and Muslim detainees from the general prison population until...

Author: /time Magazine | Title: The Supreme Court's 2008 Docket | 10/6/2008 | See Source »

...they in genetic science or homeopathic drugs (no, really). As is mandatory in the House era, Hood is brilliant, eccentric and an irritant. "He's got this annoying habit of telling the truth," an associate says straight-faced, "and the truth hits a lot of people's pockets." Simultaneously gross and sanctimonious, this histrionic science procedural is mainly a warning against the cloning of TV concepts...

Author: /time Magazine | Title: Fall TV: Remade in the USA | 10/3/2008 | See Source »

...Speaking of gross, HBO's Little Britain USA (Sundays, 10:30 p.m. E.T.) is the one import this fall to retain its original cast, and it bets confidently that Yanks and redcoats alike can be united by the love of a good penis joke. Comics Matt Lucas and David Walliams transport the characters from their BBC sketch show, while adding a few American originals. But their new characters don't measure up, and the original British ones - like Lucas as thick-accented juvenile delinquent Vicky Pollard - are so culturally specific that they translate to being plopped inexplicably into American settings...

Author: /time Magazine | Title: Fall TV: Remade in the USA | 10/3/2008 | See Source »

...flat and uninteresting. Tris is a vacuous hottie who only wants Nick when he doesn’t want her. Norah’s friend Caroline (Ari Graynor) is a drunken mess whose antics provide many of the film’s jokes—a gratuitous attempt at gross-out humor that sits bizarrely with the film’s kitschy romantic storyline. Nick’s bandmates, who are all gay, are possibly the most offensive of the bunch, obsessing over appearances and failing to display any emotional depth. For a film so concerned with what its characters...

Author: By Chris R. Kingston, CRIMSON STAFF WRITER | Title: Nick and Norah’s Infinite Playlist | 10/3/2008 | See Source »

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