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Early-release programs can save states huge sums - $45 million a year in Colorado, for instance - but at what cost? One worry is that crime will rise if inmates are let go before completing their sentences. Republican Scott Suder, a Wisconsin assemblyman, crystallized a deeper concern, a moral one, when he told the Wisconsin State Journal in June that early release amounts to "rewarding bad behavior...
...month when nothing much new is happening, Hollywood moguls look back at the blockbuster summer; they might be teenage girls who can't forget the boys on the beach. Moneywise, the memories will be sweet. Transformers 2 hit the $400 million mark, Harry Potter 6 wand-ered toward $300 million, and Up and The Hangover weren't far behind. The robotoid sequel is just the ninth film to enter the 400 Club, and soon it will pass No. 8, Spider-Man - though adjusted for inflation, Transformers 2 is just 67th...
...summer surprises. The bargain-basement sci-fi epic District 9 surged on ecstatic reviews and fanboy support past $100 million. With Inglourious Basterds - and may I never have to type that misspelled title again - Quentin Tarantino and Brad Pitt got people to sit through a 2½-hr. film mostly in foreign languages; it too has surpassed $100 million domestic, and is nearing that abroad. And female stars whacked their male counterparts in the season's comedies. Movies featuring Sandra Bullock (The Proposal), Katherine Heigl (The Ugly Truth) and Meryl Streep (Julie & Julia) all outgrossed films starring Will Ferrell (Land...
North America isn't the only place where people buy movie tickets. Just as much money is to be had abroad, and there the big hits were Harry Potter 6 and ... huh?... Ice Age 3! The CGI comedy has earned a woolly-mammoth $614 million in foreign climes, $200 million more than Transformers and nearly five times as much as Up, which is just opening throughout much of Europe. That means you'll see more prehistoric capers and sequels of all kinds, since the international audience is even more conservative than the American. Black ink for the movie business...
Finn M.W. Caspersen, a graduate of Harvard Law School and a prolific philanthropist who raised and donated huge sums to the Law School, died last week of an apparently self-inflicted gun-shot wound. Caspersen, the former Chairman of the Beneficial Corporation, a consumer finance corporation, donated over $30 million to the Law School and served as the chairman of the successful capital campaign which ended last year and raised $476 million, the most successful fund-raising campaign in the history of legal education. Caspersen’s death comes at a time when his fund-raising abilities may have...