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...with the 9/11 fund, Feinberg's position as pay czar is not one that inspires sympathy. Some think his meddling has made the firms over which he has sway less competitive. Others say he didn't cut enough. But as Wall Street prepares to hand out eye-popping year-end bonuses, the larger question is this: Just how much does it matter what people are paid? "Where is the empirical evidence that by doing what Feinberg is doing, we'll solve the problems that caused the financial crisis?" asks Ohio State University finance professor René Stulz, who has looked...

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

...Nike, Apple, Exelon and PG & E, recently quit the organization (or its board) because of its "extreme rhetoric and obstructionist tactics" on global warming, as Nike put it in a letter. The Chamber has spent $17 million on the health-care debate, more than any other organization, but may end up losing its fight to keep any form of public option from ending up in the final legislation. And last week, the Chamber was the victim of an elaborate media hoax, when activists put out a fake press release and held a phony news conference announcing the Chamber's supposed...

Author: /time Magazine | Title: Is the Chamber of Commerce Its Own Worst Enemy? | 10/31/2009 | See Source »

...said going to college means the end of trick-or-treating and the arrival of slutty costumes and drunken parties? Well that person definitely didn't live in Mather House...

Author: By Jessie J. Jiang | Title: Mather Does Trick-or-Treat | 10/31/2009 | See Source »

...panic? Because as Sarkozy noted, a nation that spends 5.8% of its annual GDP on education - the fifth-highest percentage in the world - simply must do better than its current rank of 69th among 109 countries on the standardized Test of English as a Foreign Language (TOEFL). To that end, Sarkozy has proposed exposing students to more native-speaking English instructors, increasing contacts between French and foreign high schools and shifting the focus in schools from written foreign-language instruction to the more practical oral...

Author: /time Magazine | Title: Why France Is Pushing Its Students to Master English | 10/31/2009 | See Source »

...votes. His own Liberal Party, in fact, is split over his return. But getting Micheletti to concede even the possibility of Zelaya's reinstatement, which Micheletti and his conservative Republican backers in the U.S. Congress had fanatically opposed from the outset, seems a coup in itself. In the end, both sides agreed on the need "to root the decision [on Zelaya's return] in a democratic institution" rather than international mediation, says Dan Restrepo, President Obama's senior director for Latin America in the National Security Council. (See pictures of the violence in the wake of the Honduras coup...

Author: /time Magazine | Title: A Deal Finally Ends Honduras' Coup Crisis | 10/31/2009 | See Source »

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