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...production deal, for MTV Films to purchase the rights to Hustle & Flow, the inspiring tale of a Memphis street dude with rap-star dreams (think Rocky, except that he's a pimp). Industry savants saw that buy as a clue to the new direction. Freston was the face of triumphant youth culture--the kid whose stuffy parents have handed him not just the keys to the car but their credit cards and the deed to their home...

Author: /time Magazine | Title: Can This Man Save Paramount? | 2/21/2005 | See Source »

...natural gifts for propulsive, funny, disposable punk-pop songs about masturbation and alienation. In 1994 Dookie, their first major-label album, sold 10 million copies. Multimillionaires at 22, the members of Green Day settled into a routine of churning out blink-and-they're-over records followed closely by triumphant world tours. They were not quite criminally lucky, but they weren't exactly paragons of ambition either. Sometimes, when they got bored, they would write a song longer than 3 min. Other times they would just flash the audience their underpants...

Author: /time Magazine | Title: Green Party | 1/24/2005 | See Source »

...Teatro alla Scala's sparkling inauguration in Milan on Dec. 7 was a triumphant return to form. Italy's bel mondo turned out to see maestro Riccardo Muti conduct Italian composer Antonio Salieri's Europa Riconosciuta (Europa Revealed)?which hadn't been performed since its original production for La Scala's inauguration in 1778. If you didn't manage to snag a $2,650 super-prima ticket, there are repeat performances until mid-January...

Author: /time Magazine | Title: Curtain Raiser | 1/3/2005 | See Source »

...that Harrigan and CalPERS didn't open the door to criticism. During most of the post-Enron era, CalPERS was above reproach, suing to hold WorldCom executives accountable for investor losses and helping lead popular, triumphant crusades for boardroom and executive-suite overhauls at the New York Stock Exchange and Disney. But earlier this year, CalPERS moved from the spotlight to the hot seat when it withheld support from Coca-Cola director and shareholder hero Warren Buffett because Coke's independent-auditor policy was allegedly too lax. At the time, John Castellani, head of the prestigious Business Roundtable, said...

Author: /time Magazine | Title: Corporate Reformer Under Fire | 12/17/2004 | See Source »

...have the last laugh. Dimon, 48, first engineered a monumental turnaround at Chicago-based Bank One-- pushing out top managers, slashing costs by $1.5 billion and helping to turn a $511 million loss in 2000 into a $3.5 billion annual profit three years later. Then he staged a triumphant return to New York City, when Bank One merged with JPMorgan Chase last year. In 2006 Dimon will become the merged firm's CEO, but he has already begun reshaping the institution in the trademark no-nonsense style he developed while at Citigroup. He has made key personnel changes...

Author: /time Magazine | Title: Jamie Dimon: JPMORGAN CHASE | 12/17/2004 | See Source »

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