In this issue:COMMENT
"Boundary Issues", by David Remnick: What Putin is doing in Georgia.LETTER FROM BEIJING
"The Only Games in Town", by Anthony Lane: Politics, pageantry, and Phelps.OUR LOCAL CORRESPONDENTS
"A Greenwich of the Mind", by Nick Paumgarten: The credit crunch goes upmarket.SHOUTS & MURMURS
"Up Next", by John Kenney: Going for gold in the bimonthly status meeting.FICTION
"Awake", by Tobias Wolff: A short story from the author of Old School.THE CURRENT CINEMA
"Vanity Cases", by Anthony Lane: Reviews of Tropic Thunder and A Girl Cut in Two.
(P) and ©2008 The New Yorker