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In an effort to carve some of the excess behavior out of the system, companies that take TARP will be required to create an internal panel on "luxury" purchases, the definition of luxury - a jet, fancy office or glitzy sales conference? - being left vague under the "you know it when...

Author: /time Magazine | Title: Can Obama's Executive-Pay Limits Tame Wall Street? | 2/4/2009 | See Source »

Harvard went above and beyond in securing a spot in the Beanpot final. The Crimson offense was particularly in top form in the first round of the tournament. It was fast, fierce and hungry for goals, earning an 8-0 victory over Boston University. “Well certainly it?...

Author: By Alexandra E. Zimbler, CONTRIBUTING WRITER | Title: NOTEBOOK: Vaillancourt Sparks Offense in Beanpot Opener | 2/3/2009 | See Source »

• "There is no state with a democracy except Libya on the whole planet." - Defending Libya's Jamahiriya system in a conference at Columbia University in New York City on March 23, 2008.

Author: /time Magazine | Title: Muammar Gaddafi | 2/3/2009 | See Source »

Many English schools have yet to reopen, suggesting that Britons even more than Washingtonians lack the "flinty Chicago toughness" that President Obama missed when his daughters' new school closed its doors during a recent wintry blast in the U.S. capital. When Chinese Premier Wen Jiabao's London visit was disrupted...

Author: /time Magazine | Title: Snow Business Means No Business in London | 2/3/2009 | See Source »

Nujood says she thinks only about learning now - hardly the typical response from a 10-year-old child. As though she has no time to lose, she cut short her stay in Paris this week - including canceling a press conference - saying she wanted to get back to school. She says...

Author: /time Magazine | Title: A 10-Year-Old Divorcée Takes Paris | 2/3/2009 | See Source »

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