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Goldman's CEO and other top execs are set for another huge payday this year, although some of his former partners wonder about the backlash against him and the firm as a result. Blankfein is worried too. How is he to juggle the firm's great success - and the attendant increasing bonus expectations of the high achievers working at the firm - with the inevitable public outcry that will result from paying out multiple millions of dollars in bonuses at a time when people all over the country are still reeling from a financial calamity largely of Wall Street's making...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

...fantasy football drains $9 billion out of workplace productivity. Plus, our obsession keeps getting stranger. For example, 11 big-city mayors from across the country are competing against one another for charity in a Yahoo! fantasy-football league this year. And they're really getting into it, which is great, because if there's one thing struggling cities like Buffalo, N.Y., and Oakland, Calif., need, it's their mayors debating a tight-end swap between budget meetings...

Author: /time Magazine | Title: Fantasy Football: Is It Going to Our Heads? | 8/31/2009 | See Source »

...still think fantasy-dork mayors are a head scratcher, check out some of the fantasy-related cottage industries that have started up or expanded during the Great Recession. One of the hottest fantasy offshoots is in the trophy business, which is mind-boggling: on the unnecessary-expenditure scale, a keepsake for the winner of a fantasy league is off the charts. One site, TheUltimateTrophy.com just shipped an $800 prize to a fantasy-league commissioner. "Part of the jollies of fantasy sports is you get to stick it in the face of your buddies," says Tom Harkins, president of FantasySportsTrophies.com whose...

Author: /time Magazine | Title: Fantasy Football: Is It Going to Our Heads? | 8/31/2009 | See Source »

Buying a new vehicle carries several advantages. Beyond the intangibles - billboarding your economic status, that new-car smell - there's always a great selection of vehicles across all price ranges. You can customize features and technologies (Bluetooth phone systems, iPod terminals, etc.). You can drive the vehicle as long and as hard as you like. And you gain equity as you pay down your loan...

Author: /time Magazine | Title: The Clunker Debunker | 8/31/2009 | See Source »

...Kennedy’s Senate tenure, the third-longest in U.S. history, has been definitively liberal, but Kennedy also developed a reputation for making compromises to pass landmark, bipartisan legislation. For years, Kennedy was ahead of the curve on pressing political issues, and many of his great legislative causes—such as immigration reform or health care reform—continue to be relevant today...

Author: By The Crimson Staff | Title: Farewell to a Senator | 8/31/2009 | See Source »

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