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...Names everyone has heard of were left off the finalists' list. Tom Hanks and Julia Roberts were snubbed for their adept roles in Charlie Wilson's War. (Sorry, too entertaining.) Brad Pitt had a scuzzy majesty as Jesse James, and his missus was nobly agonized in A Mighty Heart, but neither Bra nor ngelina was nominated. Meanwhile, foreigners flourished: nine of the 20 acting slots went to the Brits, the Aussies and the tragic, singing Frenchwoman - Marion Cotillard, giving a Susan Hayward-meets-Judy Garland performance in La Vie en Rose. Sorry, Marion who? It's as if the voters...

Author: /time Magazine | Title: The Downsizing of Oscar | 1/22/2008 | See Source »

...those two films the most nominations? I know of some octogenarian members who'd let their grandchildren do the voting, under the theory that the job should be done by people who'd actually seen the movies. But this is, by and large, a very Generation Y, double-frappuccino list. The main exceptions are Atonement, an old-fashioned period romance with a modernist endgame, and the supporting acting nominations for Hal Holbrook, 82, and Ruby Dee, 83. Not to forget, so to speak, Away from Her, the Alzheimer's drama with Julie Christie. I imagine the elder members saying...

Author: /time Magazine | Title: The Downsizing of Oscar | 1/22/2008 | See Source »

...London, you could almost smell the panic. "There's an acrid stench of fear," says David Buik at London brokers BGC Partners. The list of those investors' worries is growing. Despite a $150 billion package of tax cuts and other economic stimulus unveiled by President Bush last Friday, a recession in the U.S. remains "more likely than not," says Gabriel Stein, chief international economist at Lombard Street Research in London. The reason: markets can still only guess the scale of losses incurred by banks caught up in the collapse of the U.S. subprime mortgage market. With those banks themselves still...

Author: /time Magazine | Title: The Fed Reacts to a Global Crisis | 1/22/2008 | See Source »

Some festival-goers were still trying to digest what the deal meant for them. A first-time screenwriter informed of the terms while riding the Park City shuttle bus wasn't sure a pact that served A-list directors would serve her as well. "I need to analyze what they're offering," she said, expressing qualms that the agreement includes a 17-day grace period before payments for online material kick in - a smaller grace period than the six weeks the producers initially offered writers, but still a potential sticking point. An actor on a TV show impacted...

Author: /time Magazine | Title: A Sundance View of the Writers' Strike | 1/18/2008 | See Source »

...capital city, Lhasa. It may be worth checking out nearby Mt. Everest, the latest fad amongst adventurous millionaires. Take the cable car to the top and enjoy the spectacular view. Harbour Island, Bahamas: For just $357, you can reach this secluded Bahamian island and vacation with washed-up A-list celebs like Drew Barrymore. But $500 will merely get you there. What’s that? You want some place to sleep? You’ll need slightly more to purchase a house, namely $13.5 million. Easy-Peasy! Paris: For $248, or just a little more than you spend buying...

Author: By Mark A. Pacult, CRIMSON STAFF WRITER | Title: Get Your Groove Back For Under $500 | 1/17/2008 | See Source »

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