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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...

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

But it's not just annoyed neighbors and environmental attack dogs who are worried about these solar plants. John McKenzie is a planner for the County of San Luis Obispo, which is processing the applications for the photovoltaic projects. (The solar thermal project goes through the California Energy Commission.) "There...

Author: /time Magazine | Title: Solar Power: Eco-Friendly or Environmental Blight? | 3/24/2009 | See Source »

The problem is that Citi's payment plan is not consistent with executive-compensation rules put into place by the stimulus package. The American Recovery and Reinvestment Act signed by Obama on Feb. 17 says banks that have received money from the government's $700 billion Troubled Asset Relief Fund...

Author: /time Magazine | Title: Citigroup Plans Big Bonuses Despite Rules Against Them | 3/20/2009 | See Source »

At the Greater Twin Cities United Way in St. Paul, Minn., Sue Moyer manages 44,000 volunteers a year with the help of one full-time and one part-time employee. Losing either employee would be devastating, she says. So far, there is no indication of cuts to come at...

Author: /time Magazine | Title: Nonprofit Squeeze: Donations Down, Volunteers Up | 3/19/2009 | See Source »

By the time kids like Jewels arrive at Crescent High School, they see Jordan as a counselor they can turn to with questions and in crises. (The fact that she's not an official school employee helps inspire that trust and also means she can help students schedule medical appointments...

Author: /time Magazine | Title: How to Bring An End to the War Over Sex Ed | 3/19/2009 | See Source »

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