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...President Barack Obama is considering leveling a fee on financial firms to help the government recoup the costs of last year's bank and auto bailouts. FDIC officials, too, are considering charging banks that pay a large portion of their executive compensation in bonuses a higher fee for its deposit insurance. The U.K. recently adopted a 50% tax on bank bonuses.(See the worst business deals...

Author: /time Magazine | Title: Goldman Tries to Put a Halo on Bonuses | 1/13/2010 | See Source »

...years, particularly - is constantly stressful, it would be incredibly energy-consuming, says Dr. Bruce Perry, senior fellow at the ChildTrauma Academy. "If your genes get the message that you are entering a stressful world, it makes complete adaptive sense to take the existing metabolism and tune it up to deposit fat and store energy to prepare for what the body is expecting will be a challenging and stressful life," he says...

Author: /time Magazine | Title: How Childhood Trauma Can Cause Adult Obesity | 1/5/2010 | See Source »

...unicorn • Got stuck in a minefield • Traveled back in time. Then traveled forward in time to write this • Became a Somali pirate • Sold out the Somali pirates to authorities for a chest full of gold coins • Spent seven hours at the bank, trying to deposit gold coins • Eventually just robbed the place • Is trapped in the viper pit again. Damn...

Author: /time Magazine | Title: My Year in Status on Facebook | 12/29/2009 | See Source »

...prudently to a tough economy by tightening loan standards across the board. And while some of the biggest banks are healthy enough to pay back the government's emergency loans made from the Troubled Asset Relief Program, many smaller banks remain in crisis. So far this year the Federal Deposit Insurance Corporation has shut down 133 banks that succumbed to a tidal wave of loan defaults. "Given the state of the markets there's only so much we can do," to increase lending while limiting risk says one industry official...

Author: /time Magazine | Title: Obama vs. the Banks: The Pressure Intensifies | 12/13/2009 | See Source »

...foreign-investment project to date. The euphoria was short-lived. Landowners brandished slingshots and announced they wouldn't sign off on their tribal territory being used for mineral extraction, no matter what document was signed in China's Great Hall of the People. Environmentalists cried foul over plans to deposit mine waste in the sparkling Basamuk Bay, while local workers protested conditions that even P.N.G.'s Minister for Labor and Industrial Relations David Tibu described as slavelike and "not fit for pigs or dogs." Skirmishes repeatedly broke out between villagers and the 1,500-plus imported Chinese laborers, some...

Author: /time Magazine | Title: The World of China Inc. | 12/7/2009 | See Source »

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