Word: thornton
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Based on H.G. Bissinger’s best-selling non-fiction book of the same title, the story chronicles Gary Gaines (Billy Bob Thornton) and his Permian Panthers’ 1988 season from the first day of pre-season to its rousing conclusion on the turf of the Astrodome some months later. Thanks in large part to their nationally recruited running back, Boobie Miles (Derek Luke), the Panthers are widely projected to return the title to Odessa...
While he waits for the right time for his Senate run, McGraw is doing the other thing that people with big personalities do. Director Peter Berg cast him as an alcoholic father and ex-athlete in Friday Night Lights, a high school football drama starring Billy Bob Thornton (due Oct. 15). "I didn't know if he could act," says Berg, "but what we were looking for was somebody who would just seem real to an audience. And Tim does that. You look at him, you believe what he has to say." McGraw thinks he simply fell into a part...
...exception: in the past month, Claria, PlanetOut and Nanosys, all based in Silicon Valley, have canceled or postponed their IPOs. Round Two Of The Blame Game First the banks, then the auditors. Enrico Bondi, Parmalat's bankruptcy commissioner, filed a $10 billion suit against Deloitte Touche Tohmatsu and Grant Thornton International, the firms that audited the books of the disgraced Italian food and dairy company. The suit follows others filed against Citigroup, UBS and Deutsche Bank (TIME, Aug. 23), as well as Credit Suisse First Boston. Bondi alleges the auditors ignored - and in some cases abetted - management fraud. They deny...
...Jonathan Thornton finally found a job this spring after six months of unemployment. "My wife and I almost parted ways after 13 years because of the financial strain," he says. When he started work in April as a crane operator at a screw manufacturer in the Cleveland, Ohio, area, Thornton treated his wife Rita to a few little luxuries--a day at the salon, an evening out with the girls. "My outlook has definitely brightened," he says. But Thornton's optimism goes only so far. His paycheck has grown, but the family is still just getting by. Thanks to rising...
...Thornton seems to be caught in what the Kerry-Edwards campaign is calling a "middle-class squeeze" as the duo tries to win votes in swing states like Ohio. How real is it? There's supposed to be an economic recovery under way. But the numbers paint a confusing picture. GDP grew 3.9% in the first quarter, and corporate profits rose 1.7%. Most important, payrolls have grown by 1.3 million jobs since January. Consumer confidence is up. But job growth slowed in June, and the new ones haven't been enough to meet the supply of 8.2 million...