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...bought by Ford, the No. 2 U.S. automaker, for $6.5 billion. The deal takes Ford closer to its goal of becoming a "world car" company. "The beauty of this deal is that Volvo is a premium brand with premium profit margins," says Scott Merlis, who follows autos for Wasserstein Perella Securities...

Author: /time Magazine | Title: Global Motors | 2/8/1999 | See Source »

...Rodham Clinton are planning to be guests at Steven Spielberg and Kate Capshaw's estate in the Hamptons this weekend. On their datebook: three Democratic fund-raisers that could net $1 million. On Friday it's a $25,000-a-couple dinner at the home of investment banker Bruce Wasserstein. On Saturday: First, it's a $5,000-a-plate event hosted by composer Jonathan Sheffer and Dr. Christopher Barley, followed by a bash hosted by Alec Baldwin and Kim Basinger -- with about 1,000 guests. Robert DeNiro and Helen Hunt are said to be on the guest list...

Author: /time Magazine | Title: A Scandal Oasis in the Hamptons | 7/29/1998 | See Source »

...think maybe sexual preference might have some potential in this regard. Wendy Wasserstein, the playwright, obviously does. She's been trying to get an adaptation of Stephen McCauley's novel The Object of My Affection off the ground for something like a decade. It offers a gay guy named George (Paul Rudd) getting jilted, taking a room with a straight woman named Nina (Jennifer Aniston) and having them fall into, yes, affection. On her part, though, that develops into something a little more intense, especially when she contrasts his sweetness to the abrasiveness of her straight lover, Vince (John Pankow...

Author: /time Magazine | Title: Cinema: Mixed Doubles | 4/20/1998 | See Source »

...nice muddle, especially since Wasserstein provides the couple with all kinds of complications. She has rich, interfering relatives (Alan Alda and the divinely bitchy Allison Janney). He soon has a new gay flame (Amo Gulinello) whose worldly-wise longtime companion (wonderfully portrayed by Nigel Hawthorne) gets hurt as hard as Nina does. But it's also too much of a muddle. There is no logical way to arrange the kind of romantic reconciliation the writer, director (Nicholas Hytner) and we desperately want to enjoy. For neither Wasserstein nor Rudd quite wants to come to grips with the fact that George...

Author: /time Magazine | Title: Cinema: Mixed Doubles | 4/20/1998 | See Source »

...script is schizophrenic. While Macaulay's book is known for its intensive character studies of Nina and George, Wendy Wasserstein's script idles with the addition of random, irrelevant characters. Alan Alda and Allison Janey appear in small supporting roles to fit the screen with comic relief whenever the cheese becomes unbearable. Nigel Hawthorne, a Hytner mainstay, is thrown into the movie for no apparent reason (other than to give a tedious monologue where he works in the title of the movie.) Even worse, the script is unsure of itself-the declarations of love between various sets of characters...

Author: By Soman S. Chainani, CRIMSON STAFF WRITER | Title: Highlighting Stereotypes is Not Funny | 4/17/1998 | See Source »

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