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Earlier this week, E-Trade hired Steven Freiberg to be the online broker's chief executive. Freiberg will get paid $1 million a year for his new position plus bonus, which the firm has guaranteed will be $3 million a year for the first two years. Mid-sized investment firm...

Author: /time Magazine | Title: Pssst: Wall Street Is Hiring Again | 3/29/2010 | See Source »

For the Pope, all this has become deeply personal: many of the latest scandals are rooted in his native Germany, and they have dragged in his own brother, who headed a famous Bavarian choir at a school where young boys were allegedly abused. Benedict himself stands accused of poorly handling...

Author: /time Magazine | Title: Catholic Europe: How Damaged Is the Papacy? | 3/29/2010 | See Source »

A Reasonable Plan Gone AwryObama and Holder met after Obama was elected to the Senate in 2004; three years later, when Obama launched his bid for the presidency, he tapped Holder to be co-chair of his campaign. Holder co-headed Obama's vice-presidential search in the summer of...

Author: /time Magazine | Title: Eric Holder's Trials and Tribulations | 3/29/2010 | See Source »

The latest initiatives are aimed at slowing the steady stream of homes that are headed toward foreclosure. The number of households receiving foreclosure filings, which includes default notices, auction-sale letters and bank repossessions, was 2.8 million in 2009, up from 2.3 million in 2008, according to Rick Sharga, vice...

Author: /time Magazine | Title: Obama's New Foreclosure Plan Gets Mixed Reviews | 3/26/2010 | See Source »

Appointed Prime Minister of Iraq's first post-Saddam government in 2004, Allawi headed a corrupt, inept administration that set a poor tone for Iraq's fledgling democracy. As an American appointee, he lacked street cred. He projected himself as a democratic strongman - a contradiction in terms that convinced few...

Author: /time Magazine | Title: After Win, Will Former U.S. Front Man Rule in Iraq? | 3/26/2010 | See Source »

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