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...Less than two weeks ago, The Washington Post published an article announcing that AIG had paid millions of dollars in retention bonuses to executives of the company. Documents later turned over to the Connecticut Attorney General show that the actual figure was $218 million. To date, the government has loaned AIG $170 billion from various financial assistance efforts, including Troubled Asset Relief Program ("TARP"), in exchange for an 80 percent stake in the company. However, in apparent disregard of its unmatched failure, AIG chose to honor its employee's compensation agreements, and awarded multi-million dollar bonus to its executives...

Author: /time Magazine | Title: Why the People Who Broke the Financial System Will Profit | 3/25/2009 | See Source »

...decision, and Spanish Ambassador to the U.S. Jorge Dezcallar first learned of the withdrawal when a State Department official called him for an explanation. Asked about the timing, a spokesman for the Spanish Ministry of Foreign Affairs corrected the statement about Moratinos, noting that the minister was up to date on the resolution, but said he could not confirm or deny the Dezcallar report...

Author: /time Magazine | Title: Spain's Withdrawal from Kosovo Angers Allies | 3/24/2009 | See Source »

...data for one of the largest analyses of meat consumption and mortality to date were first gathered for the National Institutes of Health and AARP Diet and Health Study in 1995. Researchers then tracked deaths for 10 years, until 2005, using the Social Security Administration Death Master File and the National Death Index, controlling for factors such as age, race, education, body-mass index and alcohol intake. (See pictures of a perfect steak instead of eating...

Author: /time Magazine | Title: The Growing Case Against Red Meat | 3/23/2009 | See Source »

Wining. New York City's STK steakhouse is offering half-off bottles and glasses of wine for "Wine Down Mondays" on Monday nights Meaning you can order that expensive bottle - including those $325 bottles of Cardinale Meritage from Sonoma - and impress your client (or date) at a big discount. 26 Little West 12th Street, New York City...

Author: /time Magazine | Title: Fast Track to Elite: Double Air and Rail Miles | 3/23/2009 | See Source »

...After Harvard’s Ivy League title and NCAA Tournament hopes were abruptly dashed by the Big Green last Tuesday in the final game of the regular season, the Crimson received new life with a bid to the NIT and a date with St. John’s at Carnesecca Arena in Queens...

Author: By Loren Amor, CRIMSON STAFF WRITER | Title: WEB UPDATE: St. John's Storms Past Harvard in NIT First Round | 3/21/2009 | See Source »

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