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...week before Heath Ledger's passing, Brad Renfro died. A poor kid from Knoxville, he was cast at 10 as the lead in a John Grisham thriller The Client, revealing a natural, winsome poise that made viewers of the hit film want to adopt him. Someone responsible should have. This sensitive waif starred in Bryan Singer's film of the Stephen King Apt Pupil, but over the years his rap sheet proved longer than his movie résumé. Constantly in trouble on drug-related charges, Renfro died of a heroin overdose...

Author: /time Magazine | Title: Richard Corliss's 2008 Entertainment Death Reel | 1/10/2009 | See Source »

...digitization in some government bureaus is almost Monty Python-esque. In Diyala, the governorate's billion-dollar budget (the amount is cumulative because the budget has not been executed over three fiscal years) was being administered by a single accountant who had "a pencil, an eraser and a huge ledger," says Hunt...

Author: /time Magazine | Title: Mismanaging Iraq: No Cash to Carry | 12/29/2008 | See Source »

...York and L.A. named Sean Penn for Milk; the NBR cited Clint Eastwood for Gran Torino, and D.C. pinned Mickey Rourke for The Wrestler. Best actress: Sally Hawkins in Happy-Go-Lucky (New York and L.A.), Meryl Streep in Doubt and Anne Hathaway in Rachel. Supporting actor: Heath Ledger, The Dark Knight (L.A. and D.C.) and Josh Brolin, Milk (New York and NBR). Supporting actress: Penelope Cruz as the passionate painter in Vicky Cristina Barcelona (NBR, New York, L.A.) and Rosemarie DeWitt as Rachel in Rachel...

Author: /time Magazine | Title: Awards Fever: Film Critics vs. the Golden Globes | 12/11/2008 | See Source »

...make an abstract address about the location of Harvard and its students in the world, but instead to present a political case for the tax-exempt status of the endowment. It was, all told, an eloquent and well-argued speech, drawing a clever equivalence between the strength of our ledger books and the munificence of our deeds. But in choosing to dedicate her speech to warding off the specter of taxation, President Faust betrayed the tacit terror with which Harvard meets the prospect of the government meddling in our treasury. Unfortunately, that is a terror we must overcome...

Author: By Garrett G.D. Nelson | Title: Taxes and Duties of the Private University | 12/10/2008 | See Source »

...microfinance industry. In 2007, this investment was over $3 billion. At the same time, MFIs themselves are increasingly transforming from non-profit organizations to regulated, for-profit institutions. They are doing so even as many microfinance institutions still rely on a guy keeping a big book with a ledger rather than a computer system. But there is a delicate balancing act that we have to maintain, because while commercialization holds tremendous promise for expanding access to microfinance services to the more than one billion people - especially women - who have yet to benefit, there is also a clear risk of mission...

Author: /time Magazine | Title: Microfinance Still Hums, Despite Global Financial Crisis | 12/3/2008 | See Source »

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