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Dates: during 2000-2009
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...admirable. Uruguay, of course, has other serious problems that will need to be addressed in order to maintain the welfare of its citizens. However, concern for other, perhaps more pressing, issues should not paralyze progress or prevent the country from tackling the clear lack of access to technology or high-quality education. Moreover, the Uruguayan solution should be emulated by similarly capable and equipped nations for the benefit of future generations. This is insurance for posterity and a victory for progress...

Author: By The Crimson Staff | Title: The Uruguayan Example | 10/23/2009 | See Source »

...distributed nearly $7 billion to more than 5,000 victims and families of victims of 9/11. Three years later, he agreed to administrate the Hokie Spirit Memorial Fund, set up for the benefit of victims' families in the wake of the 2007 Virginia Tech mass shooting. In his latest high-profile role, as the Obama-appointed executive-pay czar, Feinberg announced Oct. 21 that the Treasury Department will slash compensation for the 25 highest-paid executives at the seven firms that received the largest chunks of federal bailout money: Citigroup, Bank of America, AIG, General Motors, Chrysler and the financing...

Author: /time Magazine | Title: Compensation Czar Kenneth Feinberg | 10/23/2009 | See Source »

...mediator, Feinberg helped resolve a string of high-profile cases, including some of the nation's biggest asbestos-damages suits, a $2.5 billion settlement for women suing over a defective contraceptive device, and a class action by 250,000 Vietnam veterans and their families against the manufacturers of Agent Orange. Though the Agent Orange case had been dragging on for more than eight years, Feinberg after just six weeks on the job was able to reach a $180 million settlement between the toxic defoliant's manufacturers and its victims. Some critics noted, however, that although veterans sometimes waited years...

Author: /time Magazine | Title: Compensation Czar Kenneth Feinberg | 10/23/2009 | See Source »

...economically, environmentally, demographically, culturally and maybe politically. It's the greenest and most diverse state, the most globalized in general and most Asia-oriented in particular at a time when the world is heading in all those directions. It's also an unparalleled engine of innovation, the mecca of high tech, biotech and now clean tech. In 2008, California's wipeout economy attracted more venture capital than the rest of the nation combined. Somehow its supposedly hostile business climate has nurtured Google, Apple, Hewlett-Packard, Facebook, Twitter, Disney, Cisco, Intel, eBay, YouTube, MySpace, the Gap and countless other companies that...

Author: /time Magazine | Title: Why California is Still America?s Future | 10/23/2009 | See Source »

...California is a state of early adopters - not only in fashion, technology and design but in politics too. Its voters approved huge bonds for stem-cell research, high-speed rail and repairs to aging infrastructure while Washington was dragging its feet; its politicians adopted first-in-the-nation greenhouse-gas regulations, green building codes and efficiency standards for automobiles and appliances that have rearranged the national energy debate. Yes, it was also an early adopter of subprime mortgages - Countrywide, Golden West and IndyMac were all California-based - but life on the frontier has always been risky. "This is the most...

Author: /time Magazine | Title: Why California is Still America?s Future | 10/23/2009 | See Source »

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