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...would prefer to dispense from across the room or, better yet, by e-mail from a do-not-reply address. On Oct. 22, he told 136 top executives of seven bailed-out firms that effective immediately, he was cutting their total compensation 50% from what they received a year ago. Feinberg's previous public position was the administrator of the September 11th Victim Compensation Fund. In that job, he had to put a price tag on the dead. (See pictures of the stock market crash...

Author: /time Magazine | Title: Wall Street, Meet Ken Feinberg, the Pay Czar | 11/2/2009 | See Source »

...Feinberg, 64, holds a unique position in American society. He decides what people - their pain as well as their day-to-day roles - are worth. Appointed 25 years ago to distribute about $200 million to Vietnam vets poisoned by the herbicide Agent Orange, he has become the Solomon of settlement. As head of the 9/11 fund, he held town-hall meetings and met one on one with countless grieving relatives to explain his bottom line on the lost years of mothers and fathers and daughters and sons. "He recognized the astounding amount of sensitivity of the assignment," says former Senator...

Author: /time Magazine | Title: Wall Street, Meet Ken Feinberg, the Pay Czar | 11/2/2009 | See Source »

...hand: "I don't do this kind of comparison. And frankly, I don't think your readers will be interested in Chinese literature at all." Nor is he. "I don't read fiction now," he says. "All I read are magazines. I stopped reading books seven to eight years ago. I think I've read enough...

Author: /time Magazine | Title: Han Han: China's Literary Bad Boy | 11/2/2009 | See Source »

...what actually gets done. Did you pay a cleaning company to clean your floors? Congratulations, you've added to this year's numbers. Did you scrub them yourself? Sorry, you haven't. Buying eggs from a factory farm: a GDP boost. Raising chickens in your backyard: nope. Forty years ago, buying a VCR to watch a movie at home would have been a significant contribution. Today, picking up a DVD player adds almost nothing. But doesn't the more modern machine provide the better picture...

Author: /time Magazine | Title: A Better Measure than GDP | 11/2/2009 | See Source »

...buying it? There's pent-up demand among his core fans (his last book came out five years ago), but his editor at W.W. Norton, Robert Weil, thinks this book is reaching beyond Crumb's base. One sign he's right is that it's not just selling in comic book stores. Bookscan reported sales in regular bookstores increased the second week. Amazon says most of its buyers are coming from the West Coast, which is not as surprising as the cautious promotion the book got on religious blogs. (See 10 surprising facts about the world's oldest Bible...

Author: /time Magazine | Title: Genesis: The Word According to R. Crumb | 11/1/2009 | See Source »

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