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...Rather than relying on clawbacks, companies should make sure they get their compensation decisions right in the first place," says Hye-Won Choi, who is the head of corporate governance at TIAA-CREF, which manages retirement accounts. "It is much easier not to give awards up front than it is to take them back once paid...

Author: /time Magazine | Title: Can Financial Firms Get Executives to Give Back Pay? | 1/27/2010 | See Source »

...employees. A few months ago, Morgan Stanley extended its clawbacks to trades that end up being losers. Bank of America is planning to extend its clawback provision to its top executives. And Goldman Sachs recently said bonuses for its top executives will be paid in restricted stock, making it easier to recoup pay down the road. (See pictures of the downfall of Bernie Madoff...

Author: /time Magazine | Title: Can Financial Firms Get Executives to Give Back Pay? | 1/27/2010 | See Source »

...feel more vulnerable doing something like that or singing? Singing. I found it easier to be daring with the film because you have a director with you as a guide and it's his work. With music there's more of myself. I feel more responsible...

Author: /time Magazine | Title: French Chanteuse Charlotte Gainsbourg | 1/26/2010 | See Source »

...those people who finds shopping week way more stressful than it should be, here are two things to make your life a little easier...

Author: By Michelle L. Quach, CRIMSON STAFF WRITER | Title: Some Tools to Make Shopping Easier | 1/26/2010 | See Source »

...Federal Reserve’s latest attempts to rescue the economy abound. Most Americans are antsy. A lack of financial literacy has only exacerbated this mood. Until the federal government takes an active role in the basic economic education of its constituents, things will not get any easier. From Warren Buffet to Joe the Plumber, the economic vitality of the United States is a source of concern whether one seeks to prosper or to secure a leisurely retirement...

Author: By Patrick Jean Baptiste | Title: Ignorance is Not Bliss | 1/25/2010 | See Source »

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