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...been paid $100 million for his work in 2008 and was set to get a similarly large check for 2009. Citigroup is subject to government-imposed pay caps as a term of the financial aid it received. The government was reviewing Hall's pay package and was reportedly moving closer to forcing Citi to either reduce or restructure Hall's pay. Rather than risk losing the trader - and the profits of the unit - Citi decided to sell...

Author: /time Magazine | Title: The Citi Sale That Never Ends | 10/12/2009 | See Source »

...four uns" largely offer inward-looking prescriptions. But the Next Asia has much to gain from its external linkages - especially by focusing more on the benefits of cross-border economic integration. Perhaps the greatest opportunity in that regard could come from closer ties between the two greatest powers in the region: Japan and China. Despite a long and difficult history between them, these two nations are natural complements in many key respects. Japan, with its declining population and high-cost workforce, has much to gain from Chinese outsourcing and efficiency solutions. China, with its need for new technologies and pollution...

Author: /time Magazine | Title: The Evolution of Asia | 10/12/2009 | See Source »

...Mother is like a sitcom version of Lost: it's built around a central mystery - how the protagonist meets his eventual wife - and likes to play with nonlinear narratives, story lines that jump around in time. It's a light show, but it expects its viewers to pay much closer attention than did the sitcoms of a generation ago (as does Emmy-winning 30 Rock, which is shot through with inside jokes and tightly woven callbacks to past episodes...

Author: /time Magazine | Title: No Laugh Track Required: The Comeback of the Sitcom | 10/12/2009 | See Source »

While mixed martial arts and other systemized forms of fighting might be closer to the days of gladiator battles, public crowds at baseball games can turn ugly. Whether it’s a fan provoking others by waving his jersey until inebriated supporters of the opposing team take the bait or a heckler yelling remarks at small children, such a gathering can create a rabid atmosphere in which people lose their sense of decency. This less pleasant side of sports has, in the case of Boston-New York brawls, even extended to the professionals involved, such as a 2003 playoff...

Author: By Alexander R. Konrad | Title: Cutthroat Sports Culture | 10/7/2009 | See Source »

...generation kids - hardly perfect but moving toward parity) and more proficient in the national language (by the third generation, 95% of Latino kids ages 15 to 17 speak English exclusively or very well). Another thing that happens is that parents start moving away from baby names like Guillermo and closer to names like William. "When [immigrant or later-generation] parents name their children, they are combining their own attachments and affinities with their hopes and aspirations for their children," says Guillermina Jasso, a sociology professor at New York University and a second-generation Hispanic American. The emotional complexity of that...

Author: /time Magazine | Title: Adios, Juan and Juanita: Latin Names Trend Down | 10/6/2009 | See Source »

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