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...saved a doomed production (Kate Winslet in The Reader) or a left-for-dead drama that went on to become the darling of critics and audiences (Slumdog Millionaire). Thus far, the narrative surrounding Precious is one of audiences and critics being moved to tears, caught off guard by its stark portrayal of poverty and wrapped up in its uncompromised performances from newcomer Gabourey Sidibe (Precious), the comedian Mo'Nique (her mother) and Mariah Carey, in a surprisingly glamourless role...

Author: /time Magazine | Title: Can Oprah Lead Precious All the Way to Oscar? | 9/21/2009 | See Source »

Abbas, the Paris-based photographer known only by his given name, has lived outside his native Iran for almost 30 years, documenting religious practices with an artistic detachment born of his status both as an exile and a nonbeliever. The power of his images - which are stark, often startling, and embody the spontaneity of what he terms "the suspended moment" - owe much to that self-imposed distance. It's particularly poignant, then, that his latest book, In Whose Name?: The Islamic World after 9/11, begins not in Kabul or Karbala but in Siberia, where Abbas watched on his hotel room...

Author: /time Magazine | Title: Images of Faith in The Islamic World | 9/21/2009 | See Source »

...Wall Street and the banking sector with the creation of the Securities and Exchange Commission and the Federal Deposit Insurance Corp., and the segregation of commercial banks from Wall Street. It's not obvious that we need such a drastic overhaul now, but still, the contrasts with 1930s are stark. Ironic, too. By following their belief that financial markets should work out their own problems, Andrew Mellon and his kindred spirits at the Fed triggered a financial collapse that more or less ensured major, permanent government participation in the financial sector. By intervening aggressively, Hank Paulson and his kindred spirits...

Author: /time Magazine | Title: Three Lessons of the Lehman Brothers Collapse | 9/15/2009 | See Source »

...blackout for men's watches this fall. From Breitling, Concord, IWC, these streamlined new styles, in materials like titanium and steel, fly way below the radar?in stark contrast to the blinged-out models of years past. Still afraid of the dark...

Author: /time Magazine | Title: It's a blackout | 9/13/2009 | See Source »

...unemployment rate has risen too, nearing 10%. In stark contrast, Goldman Sachs has set aside some $11.36 billion so far in 2009 in total compensation and benefits for its 29,400 employees. That's about on pace with the record payout the firm made in 2007, at the height of the bubble. Thanks to Andrew Cuomo, the New York State attorney general, we know that in 2008, while Goldman earned $2.3 billion for the year, it paid out $4.82 billion in bonuses, giving 953 employees at least $1 million each and 78 executives $5 million or more (although Goldman...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

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