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...signed a record deal with Columbia Records, releasing his debut album Greetings from Asbury Park, N.J. with a group of New Jersey-based musicians and friends who would later become The E-Street Band (named after a street in Belmar, New Jersey). The album, while critically acclaimed, sold only 25,000 copies in its first year; his second album The Wild, the Innocent, and the E Street Shuffle gained more traction and sold more than 150,000 copies by 1974. Springsteen's breakout didn't occur until his ambitious third album, 1975's Born to Run. (See pictures of Bruce...

Author: /time Magazine | Title: Bruce Springsteen | 4/1/2009 | See Source »

...what happened to Christian: "Early in 1973, Christian crossed the Tana River, going north in the direction of the Meru National Park, a much more attractive area and a good hunting ground. In a national park, animals were safer from poachers, hunters, and tribesmen with cattle. Sadly, George [Adamson] finally stop counting the days and months of Christian's absence from [his home], and he was never seen again. For the next few years, we waited for any news. We liked to imagine that he had established a territory and pride of his own a long way away...

Author: /time Magazine | Title: A Lion Called Christian: Two Men and A Cat | 3/31/2009 | See Source »

...reviewed This Film Is Not Yet Rated, Kirby Dick's polemical documentary about the MPAA board, which charged that the ratings system had a bias toward films from the big studios and against indie movies. I wrote: "Dick takes a deposition from Matt Stone, who created South Park with Trey Parker. Stone says that when their indie comedy Orgazmo was slapped with an NC-17, they were given no hints in cutting the film to get a less proscriptive rating. Yet two years later, when Paramount was behind their movie South Park: Bigger, Longer & Uncut, the board, according to Stone...

Author: /time Magazine | Title: Sacha Baron Cohen and the Censors: Will Brüno Be NC-17? | 3/31/2009 | See Source »

...wanted to be his deputy, Ron Bloom. Both men had spent much of their careers in the universe of high finance, but they came from different planets. Thanks to the success of his dealmaking firm, Quadrangle, Rattner, 56, lives atop New York society in an apartment overlooking Central Park and the Metropolitan Museum of Art. Bloom, who turns 54 today, lived until recently in Pittsburgh and trained as an investment banker so he could help unions negotiate complicated deals, which he has done for the past 15 years as an assistant to the president of the United Steelworkers union...

Author: /time Magazine | Title: Obama's Auto Odd Couple Tries to Save Detroit | 3/31/2009 | See Source »

...Federation of German Banks, which represents the main private-sector banks, has proposed something along these lines already. Rather than calling it a bad bank the banks call it a "mobilization fund." Each bank would park its toxic assets in an account with the government. This way the assets would be off the banks' books but each security would still be associated with its original owner rather than pooled together. "The mobilization fund is not about burdening the taxpayer with all the risks," Klaus-Peter Müller, head of the banking federation, told reporters...

Author: /time Magazine | Title: Why Berlin Says U.S. 'Bad Bank' Plan Is Bad | 3/30/2009 | See Source »

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