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...John Hughes' teen classic The Breakfast Club - is still having an impact. The film, which starred Molly Ringwald as the princess, Judd Nelson as the rebel, Emilio Estevez as the jock, Anthony Michael Hall as the geek and Ally Sheedy as the misfit, premiered on Feb. 7, 1985, and made instant icons out of its young cast members. "You see us as you want to see us, in the simplest terms and the most convenient definitions," Hall writes at the end of the movie to their grown-up tormentor. In You Couldn't Ignore Me if You Tried: The Brat...

Author: /time Magazine | Title: Brat Pack Author Susannah Gora | 2/9/2010 | See Source »

...John Hughes' movies different from the many others directed toward a teen audience? The thing that made John Hughes so special was that he took kids and their problems seriously. He understood that the teenage years can be the most emotionally resonant, passionate, intense years of many people's lives - that these years are about so much more than just sneaking beer and trying to make...

Author: /time Magazine | Title: Brat Pack Author Susannah Gora | 2/9/2010 | See Source »

...sort of living with John Hughes - his spirit, his words and his ideas - for so many years, I really felt like I knew him. His passing was heartbreaking. I was touched to see the incredible outpouring of emotion from people all over the world who talked about how he made their teenage years more bearable...

Author: /time Magazine | Title: Brat Pack Author Susannah Gora | 2/9/2010 | See Source »

Since then, the company's finances have improved marginally. The record division made nearly $250 million in underlying profit in the fiscal year 2009, while the company's music-publishing arm, which oversees songwriters, generated $208 million. Both profits, though, were wiped out by massive write-downs, which created a largely paper loss of $2.4 billion. "With that level of debt in the business, the reality is that EMI is now almost worthless," says Simon Dyson, editor of the London-based industry newsletter Music & Copyright. (See the 100 best albums of all time...

Author: /time Magazine | Title: EMI's Downfall: Will the Hits Keep Coming? | 2/9/2010 | See Source »

...nearly failed would have a hard time finding work on Wall Street, given the poor economic conditions and the stigma of their previous employer. What's more, news that Merrill Lynch had paid out big bonuses despite huge losses on the eve of being bought out by BofA made the investment bank and its executives in early 2009 the poster children for bad behavior on Wall Street. (See the worst business deals...

Author: /time Magazine | Title: Merrill Lynch on Your Résumé? No Problem | 2/9/2010 | See Source »

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