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...start. Feinberg will oversee the pay at the firms until each has repaid the government - or until he quits, and he has no plans to do so anytime soon. Having established a set of principles on which to base compensation for these execs, Feinberg says it will be easier to pass judgment on next year's pay packages, a process he pledges to start in January...

Author: /time Magazine | Title: Wall Street, Meet Ken Feinberg, the Pay Czar | 11/2/2009 | See Source »

...apparent bid to boost its ranks by capitalizing on a rival's internal friction, the Vatican said it would make it easier for Anglicans to join the Roman Catholic Church while retaining their own traditions. The world's 80 million Anglicans have grown increasingly divided in recent years over their church's stance on same-sex unions and the ordination of women and gays, prompting fears of a schism. Some analysts say the Vatican's move could be perceived as predatory, potentially imperiling efforts in recent decades to foster dialogue between the churches...

Author: /time Magazine | Title: The World | 11/2/2009 | See Source »

...would have been easier to just go along, as so many other judges did. But Wayne, who died Oct. 13 at 89, didn't wink at the law. After receiving handwritten letters from prison inmates describing awful conditions and brutal treatment, he appointed a lawyer to handle the case, a decision that led to an overhaul of the state's prisons. While most people in Texas were glad to use migrant laborers as indentured slaves, Wayne helped their children get an education in the state's public-school system...

Author: /time Magazine | Title: William Wayne Justice | 11/2/2009 | See Source »

...important microfinance is to those it has helped. “Microfinance is much more than an idea. It’s much more than a strategy. It’s about empowering people,” Krass says. “And I think empowerment is something easier captured in photography than anything else.” She gives an example of one of the photographs shown at the Sackler: the women, pictured smiling and clapping ebulliently, are in the act of reciting an oath, promising to return the money loaned to them...

Author: By Kristie T. La, CONTRIBUTING WRITER | Title: Organizations Use Art for Accessibility | 10/30/2009 | See Source »

...down their weapons en masse as part of a peace process with the Bogotá government. Some did so only grudgingly and have since formed new militias that are dedicated to drug-trafficking. "If they haven't changed or don't want to change, it's much easier for these fighters to fall back into their former lifestyle," says Mariana Díaz Kraus of the Bogotá think tank Ideas for Peace. (Read "If Colombia Is Winning Its War, Why the Fleeing...

Author: /time Magazine | Title: Why Colombia's Leftist Guerrillas Are Defecting | 10/30/2009 | See Source »

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