Word: hood
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...Hippocrates prescribed it as an antiseptic. In the Italian city of Modena, precious bottles of aceto balsamico are still handed down like heirlooms. And at trendy dinners in Los Angeles, where the piripiri meets the mahimahi, it's as spicy a table topic as what went awry with Robin Hood...
...black in America today is to live poised on a cruelly honed knife-edge. There are doubtless more opportunities than ever for bright, ambitious kids to escape the ghetto. But the chances of being wasted by random violence have also increased. In his remarkable debut film, BOYZ N THE HOOD (as in neighborhood), writer-director John Singleton, 23, maps gang-ridden South Central Los Angeles with a cartographer's cool realism. But what gives powerful resonance to his film -- whose opening was accompanied by shootings in theaters across the U.S. that left at least one dead and dozens wounded...
Since Robin Hood will start to break even when its booty reaches $80 million, the movie is likely to provide ample profits to finance Morgan Creek's eight other movies in various stages of production. Robinson, 56, attributes his success to swift decision making and the fact that his own money is on the line. He has invested about $80 million in Morgan Creek and has attracted $200 million from outside investors. "If studio executives lost 25% of their own money on a film," he says, "they'd make better movies." Robinson spent only 20 hours considering whether...
Morgan Creek has its lenses focused on more than just movies. The company has already produced MTV videos, toys, Nintendo games and hard- and soft-cover books. A Robin Hood sound-track album is the first offering from Morgan Creek Records, and a planned animated series will initiate a TV division...
...levy has been labeled the Robin Hood tax by one economist because it helps transfer money from the rich to the poor. Not everyone sees it that way, however. A rare chorus of blue-chip retailers and blue-collar workers denounces it as a disaster tax. At issue is the six-month-old "luxury tax" that Congress adopted last year as part of a comprehensive deficit-reduction plan. The new 10% excise tax was tacked onto such goods as pleasure boats, private airplanes, jewelry and fur. While the tax bite is not particularly severe -- a minuscule $25 million is expected...