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...dramatic rupture on July 20 was about more than technical and financial issues. Also at play were different management styles and views on what direction the Bolshoi should take next - a clash that is possible only in a vibrant creative environment that encourages varying philosophies, something that's rare in the world of Russian theater, with its lingering Soviet ethos. "The Bolshoi Theater actually operates quite well as a theatrical organism. It is not like some other theaters where one man decides everything," says spokeswoman Novikova, making a reference to the Mariinsky Theater in St. Petersburg, which has grown...

Author: /time Magazine | Title: Bolshoi Blues: Trouble at the Legendary Theater | 7/20/2009 | See Source »

...thanks to bullish comments by long bearish analyst Meredith Whitney. On Monday, July 20, it was an opinion coming from the investment-strategy team at Goldman Sachs, which reported that the firm was raising its estimates for what companies in the S&P 500 would earn this year and next...

Author: /time Magazine | Title: Why Goldman Sachs Is Bullish, Sort Of | 7/20/2009 | See Source »

...earnings forecasts, but Goldman Sachs is not so ebullient. In fact, the firm goes to great lengths to point out the distortions to its growth projections and adds that without the GM effect, the consumer-discretionary stock group would see a far more modest 17% growth next year - not bad, but no blowout...

Author: /time Magazine | Title: Why Goldman Sachs Is Bullish, Sort Of | 7/20/2009 | See Source »

...grave, they are tortured. If there is loss of trust and treachery, they must die," a cartel spokesman called El Tio (the Uncle) said in an interview printed in the newsmagazine Proceso. The spokesman gave the interview sipping tequila in a restaurant while three armed bodyguards sat at the next table...

Author: /time Magazine | Title: Drug-Dealing for Jesus: Mexico's Evangelical Narcos | 7/19/2009 | See Source »

...gang lieutenant Arnoldo Rueda from his family home. In an attempt to rescue him, gunmen besieged a police base for 20 minutes with grenades and automatic-rifle fire. When they couldn't break him free, they launched simultaneous attacks on police in towns and cities across Michoacan for the next three days. At least 16 officers were killed and dozens of police cars torched in a campaign one Mexican commentator dubbed the Tet offensive of the drug war. (Check out a story on the wave of beheadings in Mexico...

Author: /time Magazine | Title: Drug-Dealing for Jesus: Mexico's Evangelical Narcos | 7/19/2009 | See Source »

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