Broken Theme in 2.7

In 2.7 my theme no longer displays the post (or page content):

Here’s a screenshot:
http://www.32sixteen.com/wp-content/uploads/broken-posts.png

And here’s the code that was working in 2.6.2.

` <?php while (have_posts()) : the_post(); ?>
<div class=”post” id=”post-<?php the_ID(); ?>”>
<h2><?php the_time(‘F jS, Y’) ?></h2>
<h3>” rel=”bookmark” title=”Permanent Link to <?php the_title(); ?>”><?php the_title(); ?></h3>
<div class=”entry”>
<?php the_content(__(‘Read the rest of this entry »’)); ?>
</div><!– entry –>
<p class=”metadata”><small>
Posted by <?php the_author() ?>
<?php edit_post_link(‘ [Edit This]’,”,”); ?> | Filed under <?php the_category(‘, ‘) ?> | <?php comments_popup_link(‘No Comments »’, ‘1 Comment »’, ‘% Comments »’); ?></small></p>
</div><!– /post –>
<?php endwhile; ?>`

And here’s the resulting HTML:

` <div class=”post” id=”post-608″>
<h2>October 24th, 2008</h2>
<h3>UCI Bans Tight Fitting Clothing</h3>
<div class=”entry”>

</div><!– entry –>
<p class=”metadata”><small>

Posted by Nick [Edit This] | Filed under culture, race | 4 Comments »</small></p>
</div><!– /post –>`

(The source can be seen at http://www.32sixteen.com. Use View Source and ignore the black layer over the top of the page text, it’s only there to hide the content while I try to fix this bug).

As you can see the ‘entry’ div is completely empty of content. I know that the database comtents are still there because I can edit the post.

Comment text is also not showing up.

I’m particularly frustrated because I have a similar loop, though different layout, in another website also running WordPress 2.7, and that displays fine. I even pasted the contents disply code from the working into the broken website in order to then modify it to the old layout, but it don’t work.

Working site code:

`<div class=”post” id=”post-<?php the_ID(); ?>”><!–<?php the_date(”,”,”); ?>–>
<h3 class=”storytitle”>” rel=”bookmark”><?php the_title(); ?></h3>

<div class=”storycontent”>
<?php the_content(__(‘(more…)’)); ?>
</div><!– /story –>`