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...Monday, New York Attorney General Andrew Cuomo asked eight large banks to turn over data on their expected 2009 bonus payouts. President Barack Obama is considering leveling a fee on financial firms to help the government recoup the costs of last year's bank and auto bailouts. FDIC officials, too, are considering charging banks that pay a large portion of their executive compensation in bonuses a higher fee for its deposit insurance. The U.K. recently adopted a 50% tax on bank bonuses.(See the worst business deals...

Author: /time Magazine | Title: Goldman Tries to Put a Halo on Bonuses | 1/13/2010 | See Source »

...unlike the risks at the poker table, where your losses are just yours, in the larger world, you can take down a lot of other people with you. "Organizational malfeasance in general depends on this kind of risk analysis," says Siler. "Look at a place like Enron. People took a lot of small chances and won, then took big chances and lost big." Indeed, Siler points out, during the recent financial crisis, an entire nation - Iceland - went bankrupt in a similar way, trusting high-risk, high-reward investments that quit paying...

Author: /time Magazine | Title: How Winning Can Mean Losing in Poker and Life | 1/13/2010 | See Source »

...actually two studies, both conducted by the Centers for Disease Control and Prevention (CDC). The first one, which focused on adults, surveyed 5,555 men and women age 20 and older, using their height and weight measurements to calculate what's known as body mass index (BMI). In general, people with a BMI of 25 to 29.9 are considered overweight, and those with a 30 or higher are obese...

Author: /time Magazine | Title: Obesity News: Americans Not Getting Fatter | 1/13/2010 | See Source »

Monitoring zones like this around the world to get a general sense of where the next such pops may happen is not that difficult, mostly because tectonic activity is hard to conceal completely. There are three types of quakes: the dip-slip fault (in which one clashing plate slides under the other), the reverse dip-slip (in which they pull apart) and the strike-slip (a sideways grinding of the plates). Haiti's quake was a strike-slip, but all three varieties are preceded by years or centuries of accumulated stress, in which the slowly drifting slabs of planet...

Author: /time Magazine | Title: Could the Haiti Earthquake Have Been Predicted? | 1/13/2010 | See Source »

...bans are always rolled out general and mid-term elections in the Philippines, held every six and three years, respectively. The past three elections have each seen around 120 killings of candidates, supporters and Comelec officials, and around 250 violent incidents...

Author: /time Magazine | Title: Philippines Gun Ban Kicks Off Amid Campaign Violence | 1/13/2010 | See Source »

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