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...hear from the ratings firms about what they have done to improve things on their own, and also from people who think the entire issuer-pays model needs to be scrapped. "There have been some very thoughtful proposals out there, and we've invited those people to come and speak," Schapiro told Congress. (See "Business Bucking the Recession...

Author: /time Magazine | Title: How to Fix the Credit-Ratings Agencies | 3/23/2009 | See Source »

...Vagabond”), tells the story of a young wandering girl, Mona (Sandrine Bonnaire), as she marches toward her inevitable death. In preparation for the film, Varda became a vagabond herself, wandering and meeting people who would not only inspire characters in the film, but would also play themselves, speaking lines written by Varda. This is an unusual method for filmmakers—so unusual that it merited Varda’s development of her own term—‘cinécriture’ (film writing, or film essay)—to describe...

Author: By Mia P. Walker, CRIMSON STAFF WRITER | Title: Varda Brings Life to Oeuvres | 3/20/2009 | See Source »

...frequencies underneath heavy static and hovers around just a couple of simple chords. The track ends up sounding awfully reminiscent of an elongated modem dial-up tone. Similarly, the incessant static buzz of “More Fur,” with no tune or beat of which to speak, comes off as a four-minute sample of a bored child playing with a badly-wired microphone.This is not to say that boredom cannot act as a source of inspiration, however. In fact, it is in his dead-on depictions of idle frustration that Williams makes more thoughtful musical choices...

Author: By Antonia M.R. Peacocke, CONTRIBUTING WRITER | Title: Wavves | 3/20/2009 | See Source »

Senate Banking Committee chairman Chris Dodd suggested one of the more severe solutions: that the government tax 100% of the bonuses, thereby recouping the losses. It may have been overcompensation, so to speak, on Dodd's part. The National Republican Senatorial Committee was quick to point out that Dodd had amended the stimulus plan to make a specific "exception for contractually obligated bonuses agreed on before Feb. 11, 2009." That exception gives cover to the AIG bonuses - though it should be noted, as Dodd's aides do, that the Senator did not know about the AIG bonuses at the time...

Author: /time Magazine | Title: The AIG Bonuses: Getting Mad and Getting Even | 3/18/2009 | See Source »

...Camino have gone too far. Writing in El País, bullfighting critic Antonio Lorca said, "The decision of these two maestros isn't very elegant. This idea that 'the award was correct when they gave it to me, but not so much now' doesn't speak well of their sense of collegiality." Carlos Javier Trejo, a bullfighting critic based in Seville, agrees. "I think José Tomás had a little flare-up of vanity, like a Hollywood actor who returns an Oscar because he doesn't like the person who wins it the year after...

Author: /time Magazine | Title: Spain's Bullfighters Turn on One Another | 3/16/2009 | See Source »

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