Word: handly
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...also how. Unlike his job 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...
...Hand The Treasury established Feinberg's position after Congress passed the American Recovery and Reinvestment Act in February. Feinberg has jurisdiction over the 100 highest-paid employees at the seven firms that the government deemed "exceptional assistance recipients": insurer AIG, financial firms Bank of America and Citigroup, auto companies Chrysler and General Motors and their former finance arms Chrysler Financial and GMAC...
...Some overseas firms insist that China is simply repeating an economic development strategy that has propelled the country's rapid progress in many other manufacturing sectors. The country has been able to use the lure of huge potential markets to entice foreign companies to hand over technology and know-how in exchange for lucrative deals, later using that knowledge to produce competitive products cheaper than those of overseas originators. Foreign companies built the generators for the first stage of the massive Three Gorges hydroelectric dam, but the generator contracts required the foreign makers to transfer technology to Chinese partners...
...recent afternoon at the Shanghai Tianma Circuit race-car track, the 1,000-strong crowd was treated to the sight of one of the competitors - still dressed in his driver's jumpsuit - walking slowly past the officials' stand, one arm held aloft with the middle finger of his hand extended. "My only regret," he later wrote on his blog, "is that I couldn't show both fingers at the same time because I happened to be having a phone conversation...
...When trying to discredit Baluch separatism, Islamabad often blames its regional rival, India, for abetting and influencing the rebels. Pakistan's wariness of India's hand in its affairs has only grown after the U.S. invasion of Afghanistan saw Indian engagement there bloom - Pakistani officials say Indian consulates in the Afghan cities of Kandahar and Jalalabad are behind the destabilizing acts of subversion in Baluchistan. Baluch attacks are frequently followed by Pakistani accusations of Indian involvement, though Islamabad, which has a noted record of being a breeding ground for terrorists who make their way to India, has yet to show...