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...unusual trait for a guy who has to deliver the type of news that most of us would prefer to dispense from across the room or, better yet, by e-mail from a do-not-reply address. On Oct. 22, he told 136 top executives of seven bailed-out firms that effective immediately, he was cutting their total compensation 50% from what they received a year ago. Feinberg's previous public position was the administrator of the September 11th Victim Compensation Fund. In that job, he had to put a price tag on the dead. (See pictures of the stock...

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

...selection criteria, then fine. If you take into account risks and performance and tariffs and everything, I can tell you in most of the cases, if not all of the cases, the international suppliers are more competitive than the local suppliers." (Read "Is China Now the Climate Change Good Guy...

Author: /time Magazine | Title: Tower of Power | 11/2/2009 | See Source »

...Buddhism, tranquility and the nuances of Japanese. But soon after, he applied for - and, astonishingly, secured - a job with the Yomiuri in 1992 as a Japanese-language reporter. In some of the freshest pages of the book, our unlikely hero tells us about his initiation into the seamy, tough-guy Japan beneath the public courtesies, a racy world filled with reporters given names like Chuckles and Googly. He digs up details in "the Chichibu Snack-mama murder case." He sleeps with a yakuza's moll who has a dragon tattoo on her back...

Author: /time Magazine | Title: Mr. Vice Guy | 11/2/2009 | See Source »

...price. This was the kind of sale I could handle. You just mumble, "Can you do a little better?" instead of mailing in receipts and filling your key ring with bar codes. Sale mavens are people who like rules and finding loopholes and outsmarting systems, whereas I'm a guy who likes flirting with a waitress for his half-price beer. "Coupon-clipping," my cousin Josh admitted, "isn't really a sexy habit - though it's very enjoyable to be hit on by 88-year-old women." It's not a bad point. I am going to start coupon-clipping...

Author: /time Magazine | Title: Joel Stein: The Week of Living Cheaply | 11/2/2009 | See Source »

Like at any other speed-dating event, conversations were limited (only 3 minutes long), and participants were supposed to check off the names of individuals they were interested in. A guy and a girl who checked off each other would be notified the next day. And only then a perfectly paired romance would blossom...

Author: By Michelle L. Quach | Title: Asians, Aphrodisiacs, and Speed Dating | 10/31/2009 | See Source »

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