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Even a lower-echelon dealmaker or trader could drown in this year's bonus pool, filled by the huge flow of investors' money into Wall Street and by auction-quality bidding for talent. "It's like Madonna or Michael Jordan," exclaims Alan ("Ace") Greenberg, chairman of Bear Stearns and one of the Street's franchise players. This year Ace scored bonuses, on top of his cheesy $200,000 base salary, adding up to $18,840,701 in cash, stock and what a proxy statement calls "other compensation," more than double the pedestrian $8 million he got last year. And that...

Author: /time Magazine | Title: BULL BONUS BONANZA | 12/30/1996 | See Source »

...celebrated personalities of the year came and went and blurred into one another. Boris Yeltsin became Ted Kaczynski became Princess Di became all three doing the macarena. While one faintly struggled to discern Rene Russo from Sandra Bullock and Michael Eisner from Michael Ovitz, Madonna singled herself out by producing a child. Setting a high financial standard for single motherhood, she exulted, "This is the greatest miracle of my life"--a cry not generally echoed in parts of the country where 48% of the children were born to single mothers. Rosie O'Donnell threw her a baby shower, her pediatrician...

Author: /time Magazine | Title: TO BE OR NOT TO BE...WHATEVER | 12/30/1996 | See Source »

...Russell hallucinogen; the lead actress might have been Meryl Streep or Michelle Pfeiffer. But here it is--20 years after Tim Rice and Andrew Lloyd Webber first produced their gorgeously cynical opera about Eva Peron--reimagined through the eye of director Alan Parker and the flesh of Madonna. The take is dense and studious, an aptly conservative adaptation of a pop classic; it lets the score seduce and the star shine. Madonna, who is up to the vocal demands of the role, makes Eva--sexual predator, social climber, queen of the Argentine, would-be saint--an appealing character...

Author: /time Magazine | Title: CINEMA: THE BEST CINEMA OF 1996 | 12/23/1996 | See Source »

...Madonna once again confounds our expectations--and, at times, exasperations. At first a star more famous for attitude than for voice, she proved, in the 1990 Dick Tracy, equal to the sere demands of Stephen Sondheim's songs. Here again she does a tough score proud. Lacking the vocal vigor of Elaine Paige's West End Evita, Madonna plays Evita with a poignant weariness, as if death has shrouded her from infancy. And dressed in sumptuous gowns or feeling life seep away, she has more than just a little bit of star quality. Just before Eva's death, she sings...

Author: /time Magazine | Title: CINEMA: MADONNA AND EVA PERON: YOU MUST LOVE HER | 12/16/1996 | See Source »

...panel portrays the artist's dream of escape. The blue horizon (the color of peace) beckons; the king in the boat makes a calm gesture of benediction with his right hand while his left releases a school of small fish from a net trailing in the sea; and a Madonna figure with a child looks on. The painting pulls together a string of images: Christ on the Sea of Galilee, the Fisher King, Beckmann himself. Its relative serenity would not reappear in the triptychs to come...

Author: /time Magazine | Title: ART: SCENES OF HELLISH HEAT | 12/16/1996 | See Source »

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