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Still, not everyone agrees that the situation is on the brink of despair. "The credit-card industry is being likened to what has happened in the mortgage industry," says Greg McBride, senior financial analyst at Bankrate.com, a personal-finance website. "I don't see how the two should be mentioned in the same sentence." He reasons that even if credit-card defaults reach a record high of 10% of the $970 billion in revolving debt, a chunk of that total will get paid off in full every month, which would result in an aggregate default of less than $100 billion...

Author: /time Magazine | Title: With Defaults Rising, Is a Credit-Card Crisis Looming? | 11/14/2008 | See Source »

...Justin McBride has earned over $5 million as a professional bull rider, more than anyone in the sport's history. He's won two world championships and is retiring after he finishes competing in the Professional Bull Riders World Finals currently underway in Las Vegas. TIME talked to McBride about why he drove his teachers crazy, bull riders who wear helmets, and his burgeoning country music career...

Author: /time Magazine | Title: World's Richest Cowboy | 11/6/2008 | See Source »

...jazzy, bold, American-inspired works, it fits its Stravinsky score like a glove. Misa Kuranaga absolutely nailed the glamour, sexiness, and sophistication the pas de deux demands, adding just the appropriate amount of vulgar. Her flawless technique and assured assimilation of the role originated by Patricia McBride was aided by James Whiteside’s able partnering. Whiteside later appeared in “Ein Von Viel,” a modern ballet choreographed by Sabrina Matthews whose main innovation was bringing a grande piano onstage and a brilliant musician, Freda Locker, to sit at it.The piece...

Author: By Erica A. Sheftman, CONTRIBUTING WRITER | Title: Ballet’s Kaleidoscopic ‘Night of Stars’ | 10/13/2008 | See Source »

...said he wanted to make this film, based on a novel by James McBride, to give long-overdue attention to the role of African-American soldiers in World War II. While at work on it, Lee took a swipe at Eastwood over the absence of black soldiers in his historical epics Flags of Our Fathers and Letters from Iwo Jima. The Californian director fired back: "A guy like that should shut his face," to which Lee replied, "The man is not my father, and we're not on a plantation either...

Author: /time Magazine | Title: Spike Lee vs. the Italian Resistance | 10/1/2008 | See Source »

...part, McBride, who also wrote the screenplay, took a more conciliatory approach at Monday's press conference. "I am very sorry if I have offended the partisans. I have enormous respect for them," he said. "As a black American, we understand what it's like for someone to tell your history, and they are not you. But unfortunately, the history of World War II here in Italy is ours as well, and this was the best I could do." In the words of the screenwriter and the director, one can see the difference between a peacemaker and a warrior...

Author: /time Magazine | Title: Spike Lee vs. the Italian Resistance | 10/1/2008 | See Source »

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