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...Jackson and Walsh over for dinner and heard Jackson's vision for The Hobbit. Yet Shaye was still bitter, telling the Sci Fi Wire website in January, "I don't care about Peter Jackson anymore. He thinks that we owe him something after we've paid him over a quarter of a billion dollars...

Author: /time Magazine | Title: The Hobbit Goes Hollywood | 12/18/2007 | See Source »

...Yeah, right. That cool vanished on Monday, with the unveiling of Sarkozy's new love interest - the singer and former supermodel Carla Bruni, whose previous companions include Mick Jagger and Eric Clapton. The conservative daily newspaper Le Figaro - which strongly supports Sarkozy - on Monday splashed a quarter-page photo of Bruni on its front page, which is typically reserved for dry political news, under the headline: "The president's girlfriend." Bruni's photo appeared next to an article predicting a tough week ahead for Sarkozy's reform program, over which trade unions are planning mass strikes. The President's happier...

Author: /time Magazine | Title: Sarkozy and the Supermodel | 12/17/2007 | See Source »

...Sure, a quarter of the people at the packed bar are talking through his speech, with its perfectly calibrated shouting that doesn't feel like shouting, exactly what Howard Dean was attempting when he derailed, the kind that makes you want to totally crush the other football team. But even the talkers like the bits they catch. "Buck, I tell you what we're going to do," Dodd yells from the stage to the bar's owner. "I'm going to need a bartender in the White House...

Author: /time Magazine | Title: The Run of an Also Ran | 12/13/2007 | See Source »

...pumping his own gas, paying with his own credit card and then running into McDonald's. "$7.15? For a yogurt parfait and a small cheeseburger?" Brownback asks the cashier, who explains that the college kid got a Big Mac. "Oh," he says, and drags a $20 bill and a quarter from his pocket...

Author: /time Magazine | Title: The Run of an Also Ran | 12/13/2007 | See Source »

...mortgages that went into foreclosure in the third quarter, 43% were adjustable-rate subprime loans, even though those make up only 6.8% of all outstanding loans. It is precisely these subprime ARMs, most of which came with low "teaser" rates that later reset to much higher rates, that the Administration's rate freeze is aimed at. It calls for lenders to observe a five-year freeze on rates for mortgages due to reset between Jan. 1, 2008 and July 31, 2010. It's entirely voluntarily, but Paulson has lined up big mortgage servicers and investors behind...

Author: /time Magazine | Title: Whom Will the Subprime Plan Help? | 12/7/2007 | See Source »

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