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...outrage will pass, and when it does, we're going to have to focus on whether keeping AIG afloat is preventing a sharp recession from becoming a prolonged one. The reason AIG has cost taxpayers $170 billion - and the reason the Obama Administration seemed willing, at least at first, to hold its nose and accede to bonuses for the company's managers - is that it's too big to fail. It's an often heard phrase, but what does it really mean? (See the top 10 financial collapses...

Author: /time Magazine | Title: How AIG Became Too Big to Fail | 3/19/2009 | See Source »

Cheap is getting expensive. The environment for M&A may not be as safe as it was two years ago, but the targets have begun to cost more...

Author: /time Magazine | Title: A Renaissance for Big Acquisitions | 3/19/2009 | See Source »

...Future of 3-D Cameron's Avatar, due in December, could be the thing that forces theaters to convert to digital. Spielberg predicts it will be the biggest 3-D live-action film ever. More than a thousand people have worked on it, at a cost in excess of $200 million, and it represents digital filmmaking's bleeding edge. Cameron wrote the treatment for it in 1995 as a way to push his digital-production company to its limits. ("We can't do this," he recalled his crew saying. "We'll die.") He worked for years to build the tools...

Author: /time Magazine | Title: Are 3-D Movies Ready for Their Closeup? | 3/19/2009 | See Source »

...original version of this story misstated the cost of the film Avatar as being in excess of $300 million. The correct figure is in excess of $200 million...

Author: /time Magazine | Title: Are 3-D Movies Ready for Their Closeup? | 3/19/2009 | See Source »

...Amazon, I blanched at the $16.19 price. Every Kindle text I've purchased since Amazon started selling the device in November 2007 has been $9.99. Indeed, that was one of the Kindle's main draws: you could buy books wirelessly, on demand and at a fraction of the cost of their printed peers. Case in point: Littell's book was listed in Amazon's Kindle store with a hardcover price of $29.99, making the digital version seem like a real bargain. But later I discovered that Amazon's bookstore was selling the new hardcover for $17.99. So the Kindle saved...

Author: /time Magazine | Title: Kindle 2 Will Woo You, Despite its Price | 3/19/2009 | See Source »

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