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...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...

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

...much. That has disappointed some critics. Feinberg ended up boosting many of the executives' base salaries from last year's, though not as much as the firms requested. Total compensation dropped, but to most people, it will look like Wall Street pay as usual. Eight of the 12 highest-paid executives at Bank of America will get more than $5 million for their work in 2009. At Citigroup, 14 execs will get at least that much...

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

...Highest number of pre-meds...

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

...emergency plan" for teaching foreign languages in the nation's schools with the lofty objective that "all our high school students must become bilingual, and some should be trilingual." Why the panic? Because as Sarkozy noted, a nation that spends 5.8% of its annual GDP on education - the fifth-highest percentage in the world - simply must do better than its current rank of 69th among 109 countries on the standardized Test of English as a Foreign Language (TOEFL). To that end, Sarkozy has proposed exposing students to more native-speaking English instructors, increasing contacts between French and foreign high schools...

Author: /time Magazine | Title: Why France Is Pushing Its Students to Master English | 10/31/2009 | See Source »

...cleared by the army last week - was not possible due to the continuing threat of rocket fire from militants nearby. There is no clear idea of either of the Taliban commanders' whereabouts, though there have been unconfirmed reports of Mehsud hiding atop Preghal in Badr Valley, South Waziristan's highest peak. Some observers speculate that he may have shifted into North Waziristan, beyond the scope of the offensive, a claim that the army dismisses...

Author: /time Magazine | Title: Passports of Jihadis Found by Pakistani Army | 10/30/2009 | See Source »

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