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...couple of decades now, the stars of big movies have been trending younger, until it seemed that the next generation of the Hollywood élite would emerge not from high schools but from the womb. This summer, though, has brought good news for geriatric actors--those over 30. Harrison Ford, who at 66 is, in movie years, practically a sequoia, looked at least as vigorous as the Indiana Jones film he headlined. Comic-book epics also have middle-aged men in lead roles: Robert Downey Jr., 43, in Iron Man and 58-year-old Ron Perlman in Hellboy...

Author: /time Magazine | Title: Take a Chance on Mamma Mia? | 7/17/2008 | See Source »

...Greek island, has invited two old friends, Tanya (Christine Baranski, 56) and Rosie (Julie Walters, 58), to join her for the wedding of her daughter Sophie (Amanda Seyfried, who is, all right, 22). Sophie, who doesn't know who her father is, has found Donna's diary from the summer she got pregnant. Her dad must be one of the three men mentioned in the diary. Sophie lures them all to the island--Sam (Pierce Brosnan, 55), Bill (Stellan Skarsgard, 57) and Harry (Colin Firth, the baby at 47). They arrive the day before the wedding, and intrigue ensues...

Author: /time Magazine | Title: Take a Chance on Mamma Mia? | 7/17/2008 | See Source »

...inanities multiply. Firth's character has a reverie song, Our Last Summer, but it's about Paris, not Greece. And all the chat about the year Sophie was conceived evokes hippies and flower power, which suggest 1967, but the film is set in the present, so that ecstatic summer was more like 1987, when the cry was less "Free love!" than "Let's not have sex because we might...

Author: /time Magazine | Title: Take a Chance on Mamma Mia? | 7/17/2008 | See Source »

...banks, thrifts and mortgage brokers and repackage them for sale to investors around the world. The two government-chartered companies have, together with the Federal Housing Administration, been the main factors in keeping mortgage-lending going in the U.S. since the market for private mortgage-backed securities collapsed last summer. They've been able to keep financing mortgages because of the widespread belief that if they faltered, the government would step in to make buyers of their mortgage securities whole. If Paulson and the Fed hadn't stepped in when Fannie and Freddie faltered in early June, the companies might...

Author: /time Magazine | Title: Crisis? What Crisis? | 7/17/2008 | See Source »

This Olympic summer, Beijing is buzzing. All over the city, iconic buildings designed by some of the world's best-known architects are changing the skyline--here a stadium like a bird's nest, there a media-company headquarters built in such crazy elevations that you wonder how it will stand up. But for me, it is the casual prosperity so evident in Songzhuang that proves that this is a city going through a revolution. For I can remember precisely the situation faced by artists when I visited Beijing for the first time, in 1994. Then the art scene...

Author: /time Magazine | Title: Beijing's Revolution | 7/17/2008 | See Source »

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