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...actors crawl out of the rubble. Give Jonathan Groff (a major new cutie) a hand for turning the Woodstock weekend's chief promoter, Michael Lang, into a figure so charismatic, and so central to the actual concert, that viewers will think the movie should have been about him. Liev Schreiber also earns credit for not being buried under the stereotype of a muscular cross-dresser who serves as Elliot's security chief. The vaunted Broadway actor shows something we hadn't seen before: nice legs...

Author: /time Magazine | Title: Ang Lee's Woodstock Aberration | 8/28/2009 | See Source »

...list of firms expected to get HAMP subsidies reads like a Who's Who of major subprime lenders and loan servicers, including financial institutions that have already received big bucks in the government's bank bailout. Countrywide, which is now owned by Bank of America and was one of the country's biggest subprime lenders, may receive up to $5.1 billion in incentive payments to modify loans...

Author: /time Magazine | Title: Subprime Lenders Head the Line for Federal Subsidies | 8/28/2009 | See Source »

...impending closure of the NUMMI plant is a major blow to California's shaky economy. The plant employs more than 5,000 and indirectly supports another 30,000 jobs in the California economy - not only in the Bay Area but also in Southern California, where several of NUMMI's key suppliers are based. Those threats are not lost on California's community groups: shutting NUMMI will lead to substantial losses in local and state revenues and employment taxes, could increase property foreclosures and could significantly increase unemployment claims, a recently organized group called Friends of NUMMI warns...

Author: /time Magazine | Title: Last Auto Plant in California Shut by Toyota | 8/28/2009 | See Source »

...possibly their parents. It might also expand the Medicaid program to low-income people who do not currently qualify. But it is hard to imagine a scaled-down bill that would cover, for instance, middle-aged single workers, many of whom suffering chronic health problems, which are a major driver of medical costs. If the Senate decides to pass the bill under parliamentary rules that prevent a filibuster, it may also have to get rid of other provisions that do not directly affect federal spending, such as those that attempt to encourage wellness programs and more preventive care...

Author: /time Magazine | Title: Health-Care Reform After Kennedy: A Scaled-Back Bill? | 8/28/2009 | See Source »

After his divorce from Joan, Kennedy's hard-partying lifestyle became a growing issue. A 1979 article in TIME noted that Kennedy's "private peccadilloes" had sparked a major editorial debate among Washington news organizations about the public relevance of private behavior in advance of the 1980 elections. In 1990, Gentlemen's Quarterly published an exposé on the subject of Kennedy's drinking and womanizing with girls in their 20s. The story recounted a number of embarrassing incidents, including one in which Kennedy was allegedly discovered by a restaurant waitress having sex with a female lobbyist on the floor...

Author: /time Magazine | Title: Kennedy's Darkest Moments | 8/27/2009 | See Source »

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