Menachem Golan, the colorful, free-spending Israeli-born producer and director whose Cannon Films yielded hundreds of productions starring the likes of Sylvester Stallone and Chuck Norris before going bust, died Friday in Israel, according to Haaretz. He was 85. Golan, whose first name is sometimes spelled Menahem, was famous for his overblown pronouncements and business plans, and partnered for many years with his cousin, Yoram Globus. The duo started their U.S. career making fast-paced action exploitation titles starring the likes of Norris and Charles Bronson. Then, in the '80s, Golan and Globus headed the ill-fated public company Cannon Entertainment, which began...