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...with reporting by William Boston / Berlin and Adam Smith / London...

Author: /time Magazine | Title: Storm Riders | 6/15/2009 | See Source »

Nurse Jackie is getting the jump on a TV calendar heavy with new medical shows. (Hawthorne, with Jada Pinkett Smith as a nurse, debuts on TNT on June 16.) But this black comedy is less melodramatic than your typical prime-time IV drip. Nursing, as Jackie practices it at New York City's All Saints Hospital, is hard labor: taxing drudgery that ruins your back and gets you punched out by the occasional unhinged visitor. (See pictures of ER's long run on television...

Author: /time Magazine | Title: A Bitter Angel in Showtime's Nurse Jackie | 6/15/2009 | See Source »

Some of the supporting characters need work (especially a too sitcommy administrator played by Anna Deavere Smith), and some patients-of-the-week veer into clichés. But Falco is outstanding as a living reminder that you meet angels only in the next life. It takes a flawed, sloppy human to keep you in this...

Author: /time Magazine | Title: A Bitter Angel in Showtime's Nurse Jackie | 6/15/2009 | See Source »

First, though, a little background on stocks for the long run. The notion goes back to 1922, when a bond brokerage in New York City hired Edgar Lawrence Smith to put together a pamphlet explaining why bonds--and certainly not stocks--were the best long-term investment. At the time, this was conventional wisdom on Wall Street. Bonds were for investment, stocks for speculation--and, in those pre-SEC days, for manipulation. But when he investigated the historical record, Smith recounted later, "supporting evidence for this thesis could not be found." Instead, he discovered that over every 20-year span...

Author: /time Magazine | Title: Are Stocks Still Good for the Long Run? | 6/15/2009 | See Source »

...American imagination, the New York City of the 1970s was a domestic war zone: Vietnam brought home. The murder rate had soared, the wrong kinds of drugs were available on any corner, and the whole place was filthy; Harry Smith, the CBS news anchor, called the city "Calcutta without the cows." New York was nearly bankrupt, and the President was disinclined to help, provoking the Daily News to the decade's iconic headline, "Ford to City: Drop Dead." An army of the emotionally disturbed, evicted en masse from state mental hospitals, made cardboard-box homes on the streets. Graffiti festooned...

Author: /time Magazine | Title: Pelham 1 2 3: Riding into the Past | 6/12/2009 | See Source »

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