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...says in general, the companies have 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 »

...anomie through his stories of anguished characters in their late teens and early 20s. One of China's top-earning authors, he is widely seen as a torchbearer for the generation born after the beginning of the country's opening to the outside world, a group the Chinese call the "post-'80s generation": apolitical, money- and status-obsessed children of the country's explosive economic boom. Even China's most notorious anti-Establishment figure, 52-year-old artist and activist Ai Weiwei, called Han "brave, clear-minded, dynamic and humorous" and predicted that he would be the "gravedigger...

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

...this for the show": if some 21st century Betsy Ross were designing a new American flag, she could slap that baby on a ribbon in an eagle's talons and call it a day. Whether it's conceiving octuplets and shopping a TV deal or screaming "You lie!" at the President and reaping millions of dollars in campaign contributions, the equation is the same: Act out = get paid. (See the top 10 shocking hoaxes...

Author: /time Magazine | Title: Balloon Boy's Lesson: The New American Dream | 11/2/2009 | See Source »

That new U.S. resolve started last week with a stern phone call from Secretary of State Hillary Clinton to Micheletti, who has cracked down on media outlets and civil liberties since Zelaya's return to Honduras last month. She then dispatched to Tegucigalpa a U.S. delegation led by Restrepo and Thomas Shannon, Assistant Secretary of State for Western Hemisphere Affairs. Shannon downplayed any U.S. strong-arming, insisting the accord resulted "not so much from what we were telling Micheletti but from what other Hondurans were telling Micheletti." In a speech Thursday night, Micheletti called the Zelaya restoration concession "significant...

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

...pose a danger to children has been repeatedly debunked. Only two children are known to have been killed by poisoned Halloween loot. In both cases, the perpetrators were family members who tried to exploit the trick-or-treating urban legend to throw police off their trail. Plenty of parents call poison centers to report concerns related to Halloween, says Gail Banach, director of education at the Upstate New York Poison Center in Syracuse, but overall complaints don't spike. And other experts agree that the concern is overblown. In 1985, Joel Best, a professor of sociology and criminal justice...

Author: /time Magazine | Title: Is Trick-or-Treating Dangerous? | 10/30/2009 | See Source »

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