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...injected government money into their balance sheets. Several banks were nationalized. Governments across the region also shut down financial institutions deemed too weak to survive or warrant a government bailout. In August 1997 Thailand closed 42 finance companies. Indonesia closed 16 banks in October 1997, and Korea closed 14 merchant banks that December, according to Merrill Lynch. This separating the wheat from the chaff helped to speed economic recovery because it made clear which institutions were solid and could be trusted...

Author: /time Magazine | Title: Lessons From Asia's Last Meltdown: Act Fast | 10/10/2008 | See Source »

...Ritchie loves characters who provide conflict and, more important, congestion; his pictures are downright garish with local color. A few from this fresco: Tank (Nonso Anozie), an Anglo-Afro bruiser who's fond of Merchant-Ivory dramas; Handsome Bob (Tom Hardy), a gang member who unexpectedly plights his homoerotic troth to the flummoxed One Two ("What exactly is it you want to do to me, Bob?"); and, best of the lot, Johnny Quid (Toby Kebbell), a junk rocker who has faked his own death to sell more CDs. It's a star-making part for Kebbell...

Author: /time Magazine | Title: Thug Chic: Guy Ritchie's RockNRolla | 10/8/2008 | See Source »

...like a curse. The "Fawlty Towers curse," we call it. Personally, I don't think Ricky Gervais and Steve Merchant should have quit The Office after two. I loved that show and wanted to see more...

Author: /time Magazine | Title: 10 Questions for Simon Pegg | 10/2/2008 | See Source »

...music lovers may be the G1's lack of iTunes; without it, you can't play copy-protected songs purchased from Apple's music store unless you convert them to MP3s first. There is an unbranded music player built by Google, however, and Amazon is the default music merchant...

Author: /time Magazine | Title: The 'Google Phone': A Challenge to the iPhone? | 9/23/2008 | See Source »

...other half of the Crimson co-eds sailed at Kings Point, NY in the Nevins Trophy, hosted by the US Merchant Marine Academy. After a disappointing Saturday, Harvard found itself out of luck on Sunday when poor conditions caused all races to be cancelled...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: Harvard Finds Smooth Sailing in New England Waters | 9/22/2008 | See Source »

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