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...without the annoying critical thunder, Paramount showed G.I. Joe, which it hopes will be the first in a lucrative series, only to a few reliable bloggers. Less docile scribes like me had to catch a public screening last night at midnight. As the old line goes about some long-ago lemon: The movie wasn't released - it escaped...

Author: /time Magazine | Title: G.I. Joe: The Rise of Cobra: Straight to Self-Parody | 8/7/2009 | See Source »

...irrelevant to box-office performance. G.I. Joe could be a Transformers-size hit, or it could be another The Golden Compass, the first episode of the His Dark Materials novels; that film cost $180 million and helped drive New Line Cinema out of business. Who knows? Nearly 30 years ago, director Robert Benton mused on a famous flop of the day. "When Steven Spielberg made 1941," Benton said, "he probably thought there...

Author: /time Magazine | Title: G.I. Joe: The Rise of Cobra: Straight to Self-Parody | 8/7/2009 | See Source »

...immortal works kept pursuing Schulberg. Just a week ago before his death, he attended a staged reading of On the Waterfront in Hoboken, N.J., where it was set and filmed. Among the players were Vincent Pastore (Big Pussy on The Sopranos) as the mob boss Johnny Friendly and Jason Cerbone (Jackie Aprile, Jr., also a Sopranos alumni) in the Brando role. The 55-year-old script still had the fresh stench of local corruption. Hoboken's new mayor, Peter Cammarano, had recently been arrested in the sweeping federal indictment of Jersey politicians; he would resign two days after the reading...

Author: /time Magazine | Title: Budd Schulberg, Boss of the Brando Waterfront | 8/6/2009 | See Source »

...authority to the Federal Reserve to police Wall Street. He would like to impose new oversight on hedge funds and derivatives and give government the power to close large failing nonbank financial institutions before they can threaten the entire system, as happened with AIG less than a year ago. (See who's who in Barack Obama's White House...

Author: /time Magazine | Title: Geithner vs. the Regulators: A Time for Swearing | 8/6/2009 | See Source »

...month ago, Barack Obama made his first trip to Africa as President and, while in Ghana, delivered a message of support tinged with impatience with leaders who have not been held accountable for their misdeeds. His Kenyan ancestry and the continent's nearly universal adoration for a man it sees as an African son put him in the rare position of being able to say such things without being viewed as a neocolonial scold. Now U.S. Secretary of State Hillary Clinton has embarked on a mammoth seven-nation Africa tour to follow up her boss's sermon with preaching...

Author: /time Magazine | Title: In Africa, Can Clinton Be Obama's Surrogate? | 8/6/2009 | See Source »

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