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...same season? Apparently by coincidence. Fey, who had a four-year development deal with NBC, first pitched the network a sitcom about cable news. Kevin Reilly, president of NBC Entertainment, felt Fey was using the news setting as a fig leaf for her own experience and encouraged her to write what she knew. Sorkin, meanwhile, was shopping his return to TV with a show about TV--a topic that earned him high praise, if not high ratings, with ABC's Sports Night. SNL executive producer Lorne Michaels, a co--executive producer of 30 Rock, says Fey's sitcom...

Author: /time Magazine | Title: Do Not Adjust Your Set | 9/18/2006 | See Source »

...they have a point. The shows have different formats. (Helpful mnemonic: the one with 30 in the title is half an hour; the one with 60, an hour.) They have different tones: 30 Rock lampoons all its characters, even Liz, while Sorkin, as Michaels says with understatement, "tends to write in a more heroic mode." It's not a zero-sum game; as Reilly notes, "If these were two cop shows, we wouldn't even be having this conversation." On the other hand, come on. Any person not employed by GE is reasonably going to ask whether...

Author: /time Magazine | Title: Do Not Adjust Your Set | 9/18/2006 | See Source »

Move over, Paul Krugman. Lawrence H. Summers, after a tumultuous term as Harvard’s president, will see if he fares better as a pundit, writing his own monthly column for the Financial Times (FT). Kicked out of his Mass Hall office, Summers has found a home across the Atlantic, in the pages of the London-based broadsheet that boasts more than one million readers worldwide. Summers—in Singapore for the annual summits of the World Bank and the International Monetary Fund—said last night in a message from his BlackBerry that he expects...

Author: By Claire M. Guehenno, CRIMSON STAFF WRITER | Title: Not in Office, He’ll Now Be in Print | 9/18/2006 | See Source »

...TIME: You relate an anecdote about what happened when your fearlessness led you to write negatively about a friend because of a political disagreement. How often does that happen? How many friends do you think you've lost because you chose to have a public disagreement with them...

Author: /time Magazine | Title: 10 Questions for Arianna Huffington | 9/18/2006 | See Source »

...though, other sorts of financial products more useful to homeowners should crop up, says Robert Shiller, a Yale University economist who has been pushing the idea for 15 years. The grander vision, developed with Karl Case of Wellesley College, includes home-equity insurance. The idea is that companies will write those policies if there's a robust futures market for hedging risk. "Real estate is bigger than the stock market," says Shiller. Twenty trillion dollars big, in fact...

Author: /time Magazine | Title: Global Investing: A New Hedge For Your House | 9/17/2006 | See Source »

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