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...Dollars are a surrogate for worth," says Feinberg, leaning back in his chair before bouncing forward again on the next sentence. "So when you start talking about dollars, what people hear is a ruling on their overall integrity and value to society. It gets difficult...

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

...cooperated. But there has been tension. Feinberg asked all the firms to report how much stock each of their executives held, a point that a number of execs said might call into question their loyalty to their firm. AIG and a number of its top earners refused to give back past bonuses or rewrite contracts that guarantee multimillion-dollar bonuses at the insurer next year. And a number of companies insisted that his plan would hurt their ability to attract and retain talent...

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

...modern foreign language is meant to be spoken," Sarkozy said in his latest assault on the kinds of tradition-bound practices that he believes are holding the country back economically. "Pointing something that obvious out isn't futile in a country where Latin is an oral exam on the baccalaureate, while the leading modern language is evaluated in written form." (See pictures of Sarkozy celebrating Bastille...

Author: /time Magazine | Title: Why France Is Pushing Its Students to Master English | 10/31/2009 | See Source »

...with promoting foreign-language study among students and continuing France's long-standing policies aimed at protecting and promoting the use of the French language at home. The Academie Française began its mission of purging the French language of impurities - often words taken from other languages - way back in 1635. The key objective of the country's 25-year-old exception culturelle is ensuring that French-language music, film and other cultural products are not dominated by English-language imports. And a law passed in 1994 requires that French translations accompany any foreign phrases in state documents, business...

Author: /time Magazine | Title: Why France Is Pushing Its Students to Master English | 10/31/2009 | See Source »

...guaranteed under the accord. Instead, he and Micheletti consented to let the Honduras Congress, under the watch of a special verification committee, decide the issue in the coming days. It's not yet clear if Zelaya - who remains holed up in the Brazilian embassy in Tegucigalpa since sneaking back into the country from exile last month - has the votes. His own Liberal Party, in fact, is split over his return. But getting Micheletti to concede even the possibility of Zelaya's reinstatement, which Micheletti and his conservative Republican backers in the U.S. Congress had fanatically opposed from the outset, seems...

Author: /time Magazine | Title: A Deal Finally Ends Honduras' Coup Crisis | 10/31/2009 | See Source »

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