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...schemes after the fall of communism; when the schemes collapsed in 1997, investor outrage toppled the government. Still, Madoff's $50 billion scam would be the biggest ever--except to those who say the risky trading in mortgage-backed securities was a Ponzi scheme of its own. The price tag for that crisis is already in the hundreds of billions...

Author: /time Magazine | Title: A Brief History Of: Ponzi Schemes | 1/8/2009 | See Source »

...World War I, and more than 10 times the cost of 1991's Persian Gulf War (90% of which was paid for by U.S. allies). The war on terrorism looks set to surpass the costs the Korean and Vietnam wars combined, topped only by World War II's price tag of $3.5 trillion...

Author: /time Magazine | Title: The $1 Trillion Bill for Bush's War on Terror | 12/26/2008 | See Source »

...Laura Bickford, who produced Che with Del Toro, says that the first part (shot in the 2.35:1 scope ratio) is "more of an action film with big battle scenes," and the second part (shot in standard 1.85:1 wide-screen) is "more of a thriller." Actually, neither tag truly applies. Though Part 1 begins by hopscotching from 1955, when Castro and Guevara meet, to later scenes in Havana and New York, the film is far less interested in explaining Guevara's political importance than in showing how he operated in the two big campaigns; its mantra is process...

Author: /time Magazine | Title: Guerrilla in the Mist: Soderbergh's Che | 12/13/2008 | See Source »

...Sheen reveals a Frost transformed from entertainer to thinker, a man who has come to take himself seriously after confronting serious issues.Sheen and Langella are supported in the film by Matthew Macfadyen as Frost’s straight-man producer John Birt, and by the comedic tag team of Oliver Platt and Sam Rockwell, who play Frost’s academic “crack investigators” with relish. The only failure of the film here is Rebecca Hall (last seen actually emoting in “Vicky Cristina Barcelona”), whose character, Caroline Cushing, is not only...

Author: By Yair Rosenberg, CONTRIBUTING WRITER | Title: Frost/Nixon | 12/12/2008 | See Source »

...Hoevels' Thalia Theater ensemble. According to local media, the company picked up the knife in Vienna to replace one brought from their Hamburg base that was then found to be defective. One possibility: that props staff forgot to blunt that new blade, which, police say, still had the price tag...

Author: /time Magazine | Title: Actor Cuts Throat on Stage in Knife Mix-Up | 12/11/2008 | See Source »

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