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...quiet young man named John Morgan (Tim McInnerny) is a surprise guest at a dinner party whose host is Wetherby's favorite schoolteacher, Jean Travers (Vanessa Redgrave). He strikes a spark somewhere inside Jean's loneliness. The next day he stops by, chats a bit, then puts a gun in his mouth and splatters his brains across her kitchen wall. The shock of this scene, which sends horror-show gasps through a movie house of jaded adults, also blasts the story back to 1953, dramatizing the abortive affair that the teenage Jean (played by Redgrave's daughter Joely Richardson...

Author: /time Magazine | Title: Cinema: Such Fun Singing the Blahs | 4/18/2005 | See Source »

Ragtime solved this problem in high style. Its storybook setting in America before World War I gave Doctorow enough distance to rewrite history. Nobody complained when Sigmund Freud visited Coney Island, Henry Ford conspired with J.R. Morgan, or Evelyn Nesbit (the Girl in the Red Velvet Swing) was converted by Anarchist Emma Goldman. Wrapped in nostalgia, Doctorow's dramatizations of rapacious capitalism, racism and revolution were defused of controversy. Unlike Daniel, a dredger of bad memories and mixed feelings, Ragtime was a safe book...

Author: /time Magazine | Title: Books: The Artist as a Very Young Critic: WORLD'S FAIR | 4/18/2005 | See Source »

...institutional stock and bond trading is on a roll, and mergers and underwriting are picking up steam - all strengths of the old Morgan. No wonder the bankers want their firm back. This is a time when they should shine but feel hamstrung by Purcell, who is loyal to his underachieving brokers and keeps his bankers on a short leash. Purcell declined to be interviewed...

Author: /time Magazine | Title: Upheaval in the Ranks at Morgan Stanley | 4/16/2005 | See Source »

...Will the Morgan bankers prevail? It's far from certain. Purcell has already proved a great infighter, and with a friendly board that has asked the dissidents to "desist," and another year before a new slate of directors could be voted in, he may outmaneuver his foes at Morgan again - if there are any left...

Author: /time Magazine | Title: Upheaval in the Ranks at Morgan Stanley | 4/16/2005 | See Source »

...Still, at today's prices, Lee isn't buying. Nor am I. After all, having missed the joyride so far, it's hard not to worry that the headiest gains have already been made. The most vocal doomsayer is Morgan Stanley economist Andy Xie, who has warned repeatedly?to the great misfortune of those who've heeded him?about an ominous oversupply of apartments and the government's halfhearted efforts to rein in speculation. For me, there's a particular terror of repeating my New York mistake: joining the herd moments before it runs off the cliff. But with Chinese...

Author: /time Magazine | Title: Betting on the Shanghai Boom | 4/16/2005 | See Source »

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