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...Citi, the controversy surrounding Hall's pay was about whether a bank that has received $45 billion in government assistance should be turning around and handing over big bags of cash provided by taxpayers, most of whom won't make one-tenth of Hall's annual salary in their entire lifetimes, to its employees. But now that Hall has left Citi, a larger question remains: Is anyone really worth $100 million a year, and what exactly do you have to do to deserve that much...

Author: /time Magazine | Title: How Citi's Andrew Hall Made $100 Million Last Year | 10/19/2009 | See Source »

...withdrawals. It also reduces the number of years that your assets will have to generate income in retirement - a powerful combination. In addition, you'll probably be able to postpone collecting Social Security and become entitled to a higher monthly benefit. A typical 62-year-old would boost annual retirement income 22% if he worked three more years and 39% if he worked five more years, says Christine Fahlund, senior financial planner at T. Rowe Price. "Be flexible with your retirement date," she advises. "In today's world of greater longevity, retiring at 60 or 62 is getting less realistic...

Author: /time Magazine | Title: Don't Give Up Yet | 10/19/2009 | See Source »

...Summer Olympics. "It is Brazil's time." The IOC agreed. On Oct. 2, Rio de Janeiro beat out First World metropolises Madrid, Tokyo and Chicago to become the first South American city to host the Games--sparking a deafening celebration on Copacabana Beach to rival the city's annual Carnaval bacchanal...

Author: /time Magazine | Title: Spotlight: Rio's Olympic Win | 10/19/2009 | See Source »

James W. Gilchrist, founder of the Minuteman Project, was uninvited from a speaking engagement Saturday at the Harvard Undergraduate Legal Committee’s annual Public Interest and Law Conference, sparking debate over the limits of free speech...

Author: By Jacob D. Roberts, CONTRIBUTING WRITER | Title: Anti-Illegal Alien Speaker Banned | 10/19/2009 | See Source »

Hundreds of thousands of spectators gathered along the river bank this weekend to watch the 45th annual Head of the Charles Regatta—which featured a record 8,800 athletes and 210 international teams this year—but rainy weather led to decreased fan attendance yesterday...

Author: By Gautam S. Kumar, CONTRIBUTING WRITER | Title: Rain Dampens Annual Regatta | 10/19/2009 | See Source »

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