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...Whether or not these cuts deliver the improvements Byford envisages, the spectacle of the BBC targeting such core services and preserving frothier output fuels concerns that it has lost its reason for being. Richard D. North, author of a 2007 book called Scrap the BBC!, calls the broadcaster a "grotesque monopoly" and advocates its privatization. "Broadcasting now needs no more control or support than the print media," he says...

Author: /time Magazine | Title: Bad News at the BBC | 10/25/2007 | See Source »

...Richard Stengel, MANAGING EDITOR

Author: /time Magazine | Title: Paging All Political Junkies | 10/25/2007 | See Source »

...hard not to root for a guy--even a filthy-rich guy--who loses his dream job by standing up for a colleague's wife. But veteran banking analyst Richard Bove of the brokerage firm Punk Ziegel says Dimon owed his big quarter to a billion dollars in onetime gains. "Apart from that, JPMorgan's results are just as bad as everybody else's," he says. He has similar concerns about Goldman Sachs. Bove's verdict: We're in the midst of a "systemic debt crisis" from which no one can emerge unscathed...

Author: /time Magazine | Title: How Dumb Is Your Bank? | 10/25/2007 | See Source »

...bone up before seeing The Coast of Utopia. He notes that his intellectual obsessions are hardly unique or rarefied. "The market for books about science and philosophy on the level on which I deal with things is a best-seller market," he says, pointing to authors like Steven Pinker, Richard Dawkins and Richard Feynman. It tickles him when he gets good reviews for his scientific accuracy in specialist publications. Yet he insists his goal is not to lift the audience's brow but simply to explore fresh subjects that engage him. "I've got no interest in educating or instructing...

Author: /time Magazine | Title: Theater: Elitist, Moi? | 10/25/2007 | See Source »

...fort were very avant-garde. They had an amazing art collection by the '30s, and they were the first family to build an air-conditioned palace," he says, going on to describe the Labradors that jump in the skiff ferrying guests to nearby islands and temples, and host Prince Richard Holkar, son of the late Maharajah of Indore, who has written a cookbook and serves "marvelous gingerbread cakes...

Author: /time Magazine | Title: Move Over, Maharajahs | 10/25/2007 | See Source »

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