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...give its top money makers huge base salaries and move the compensation system almost totally away from one that depends on bonuses. Congress and the Administration won't like that. Count on any attempts to change pay packages to keep compensation high to be knocked down before they gather momentum...

Author: /time Magazine | Title: Can Wall St. Dodge Government Pay Limits? | 2/16/2009 | See Source »

...brain's spiritual centers to use all the time. We pray for peace; we meditate for serenity; we chant for wealth. We travel to Lourdes in search of a miracle; we go to Mecca to show our devotion; we eat hallucinogenic mushrooms to attain transcendent vision and gather in church basements to achieve its sober opposite. But there is nothing we pray - or chant or meditate - for more than health...

Author: /time Magazine | Title: The Biology of Belief | 2/12/2009 | See Source »

Like reading, viewing online TV is more solitary. You don't gather the family around your MacBook to watch the Super Bowl. Yet in some ways it's more social. There's no online-video TV Guide to rely on--though some start-ups, like eGuiders.com are trying to create one--so your social connections become your TV guide. And the same interactivity that enhances regular TV-watching is even more immediate with laptop in hand. When I watch Lost, I rush to write a blog post--not so much to get my thoughts out as to see the comments...

Author: /time Magazine | Title: A TV Critic in the Post-TV World | 2/12/2009 | See Source »

...after-school program appears to be in session. In a warehouse space the size of a basketball court, teenagers in baggy jeans are spray-painting graffiti on the paper-covered walls while others pound away at a punching bag. Near the center of the room, a handful of youngsters gather around a thumping sound system and swap French slang-infused lyrics over a heavy hip-hop beat. Reclining on a nearby sofa, sporting a black leather jacket and yellow athletics pants, his short dreadlocks covered by a furry ushanka hat, British musician Tricky - the one responsible for this scene...

Author: /time Magazine | Title: Tricky Taps Into the Sound of the Paris Ghetto | 2/11/2009 | See Source »

...Party, which he thought was making too many concessions to Palestinians. In the 2003 elections, the party took seven seats, with backing mainly in Israel's large Russian-speaking immigrant community. By the 2006 elections, he had broadened its base, winning 11 seats. Now, according to polls, he could gather up to 20 seats, bumping Labor, one of Israel's classic founding parties, into fourth place. Netanyahu's Likud Party is expected to win 25 to 27 seats, and Livni's centrist Kadima 23 to 25 seats. Lieberman is the subject of a long-running police probe for corruption...

Author: /time Magazine | Title: Right-Winger Emerges as Israel's Kingmaker | 2/10/2009 | See Source »

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