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...Monday's Chapter 11 filing by Lehman Brothers and the bailout of Merrill Lynch by Bank of America have only added to a yearlong credit crunch that is changing the way film financing deals are structured in Hollywood. Not unlike homebuyers facing tougher standards to get a mortgage, the people who greenlight movies are facing more stringent demands from their financiers. "All of the studios, if they want to get a deal done in this environment, will need to better align their interests with investors," says P. John Burke, a film finance lawyer at the firm Akin, Gump, Strauss, Hauer...

Author: /time Magazine | Title: Financial Crisis Puts Squeeze on Hollywood | 9/18/2008 | See Source »

...Overall attendance at Chinese language courses were estimated around 480 students as of Wednesday, down slightly from nearly 500 on Monday, according to Shengli Feng, the director of the Chinese language program. These numbers are still substantially higher than the approximately 350 students who Feng said enrolled last year...

Author: By Christian B. Flow, CRIMSON STAFF WRITER | Title: Dept. Sees Beijing Bounce | 9/18/2008 | See Source »

...What we saw Monday was very, very surprising,” Feng noted. “More than 100 more students than last fall...

Author: By Christian B. Flow, CRIMSON STAFF WRITER | Title: Dept. Sees Beijing Bounce | 9/18/2008 | See Source »

...economic shockwaves reached London, Paris and beyond, in one of the first examples of global economic contagion. News travels a little faster these days, and markets don't just follow Wall Street's lead, they anticipate it: stocks in parts of Asia dropped even before New York awoke last Monday, previewing the bloodbath that was to come in the U.S. Here's the buzz (and gloom) from five global financial centers - along with the drop in their main stock index between the moment before opening on Monday and the close of trading three days later...

Author: /time Magazine | Title: Wall Street Meltdown: Global Fallout | 9/17/2008 | See Source »

...past week as the opening salvos of a civil war. "There isn't a bone in her body that's not broken," says Narda Baqueros, a mother of three who traveled 15 hours to the town of Cobija to retrieve the body of her niece Belki Paz Baqueros on Monday. In her mid-20s and three months pregnant, Belki was beaten to death early Friday morning by opponents of Bolivia's leftist President Evo Morales. "Everyone is armed and everyone is saying this is war," Baqueros says. "I saw patches of blood-stained grass everywhere, like there have been massacres...

Author: /time Magazine | Title: A Brewing Civil War in Bolivia? | 9/17/2008 | See Source »

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