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...then died. Another of the killers dropped to the floor and pretended to be a victim. When the shooting stopped completely, he began to crawl slowly away. Then he broke into a run. "Catch him, catch him!" several passengers yelled. A policeman overtook him and stopped him with a punch...

Author: /time Magazine | Title: Terrorism: Ten Minutes of Horror | 6/21/2005 | See Source »

This successful conspiracy between author and audience works best in the evanescent pages of a daily newspaper. Packed lead to kicker in book form, Buchwald's formula whimsy loses much of its punch. Verbal skits about Geraldine Ferraro, Michael Jackson, the President, home-computer miseries, the Pope and Cabbage Patch dolls now read like shots in the dark. Yet this and previous collections of the journalist's craft may one day enjoy new life. Buchwald's job is to repeat history as farce faster than one can say Karl Marx. To the patient reader, farce inevitably returns as nostalgia...

Author: /time Magazine | Title: Bookends: Frank Sinatra, My Father | 6/21/2005 | See Source »

Wall Street's dealmakers have regarded junk bonds, the risky, high-yielding IOUs that have helped to fuel the current rash of mergers and acquisitions, as the juice that made the party go. Now the Federal Reserve is watering down the punch. Last week the board voted 3 to 2 to restrict the use of junk bonds in financing certain corporate takeovers...

Author: /time Magazine | Title: Scrap over Junk: Restricting dubious bonds | 6/21/2005 | See Source »

Those Cambridge encounters further propelled Frayn away from asbestos sales and into an exemplary career as journalist, novelist and playwright. While still an undergraduate, he contributed to the premier humor magazine Punch. Straight out of school, he wrote news and columns for the Manchester Guardian and then the Observer. Turning to fiction, he produced five deft, whimsical novels centered on class conflicts and old school ties. In the past decade he has emerged as one of Britain's leading playwrights. His glimpse of backstage pandemonium, Noises Off, was a Broadway hit two seasons ago. Seven earlier scripts have been produced...

Author: /time Magazine | Title: Show Business: Tugging at the Old School Ties | 6/21/2005 | See Source »

Kline can be volatile: the cast of Pirates saw him punch huge holes in his dressing-room walls out of frustration with a performance. Yet his colleagues speak with deep affection. Says Glenn Close, a co-star in The Big Chill: "He was a worrier, unbelievably insecure. We would always tease him about how much he would look in the mirror at himself. He said that he thought his nose looked like a potato and that he had no upper...

Author: /time Magazine | Title: Theater: Kevin Kline's Ultimate Test | 6/21/2005 | See Source »

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