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Dates: during 2000-2009
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There's just one problem, Congressman Cow Patty: A lot of us did eat it, including many of your constituents. The $1.2 trillion - let's spell that out as $1,200,000,000,000 - that disappeared from the stock market on Monday didn't go down a black hole in lower Manhattan. It came out of America's 401(k)s, mutual funds, pension funds and personal portfolios. We've got $17.6 trillion in retirement assets invested as of 2007. There is some $12 trillion invested in mutual funds alone (well, at least before yesterday); about...

Author: /time Magazine | Title: The Bailout Bill: A Cow Patty for All of Us | 9/30/2008 | See Source »

...your money, not theirs. When Lehman Bros. filed for bankruptcy on Monday, it was careful to spell out that its investment management division - including Neuberger Berman and Lehman Brothers Asset Management - were not subject to the parent company's bankruptcy filing. Fully paid securities of customers of Neuberger Berman are not subject to the claims of creditors...

Author: /time Magazine | Title: Wall Street's Bomb: What's the Fallout for You? | 9/16/2008 | See Source »

...flinty efficiency and a grace of carriage; she sounds wise, looks slim and relatively youthful, dominates the weekend with her personality. She's obsessed with what will happen to her property and belongings but declines to spell it out in her will. Scob, who nearly a half-century ago was the muse of the remarkable director George Franju (Eyes Without a Face, Thérese Desqueyroux, Judex), has an ingrained insight into the character that not only presents Hélene in her 70s but suggests the kind of mother she must have been. There's also a taut sensuality...

Author: /time Magazine | Title: Five Fast Takes from Toronto | 9/14/2008 | See Source »

...picture. Her shadow, and that of her home, have to linger till the end, when Frédéric's own children spend a last weekend at the chateau, and one of them connects with its gentle spirit. That last scene gives Summer Hours its own haunting spell as well...

Author: /time Magazine | Title: Five Fast Takes from Toronto | 9/14/2008 | See Source »

...horrors made it inevitable that writers would receive recognition as much for their moralistic projects as their literary merits. In many ways, Solzhenitsyn passed moral muster where his literary betters failed. His was, after all, an age when almost every major intellectual had fallen under the insidious spell of either Stalin or Mussolini, when arcane arch-modernists like Ezra Pound were flirting with fascism and when Sartre would infamously declare, “There is total freedom of criticism in the U.S.S.R.” It is not difficult to understand, then, why an appalled and battered public found inspiration...

Author: By David L. Golding | Title: Mourning Alexander Solzhenitsyn | 9/14/2008 | See Source »

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