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While compensation consultants say clawbacks are a nice idea, they are very hard to execute. Getting employees to return paychecks that they have already cashed, spent and paid taxes on can be tricky. And most policies are not specific enough as to when pay can be recovered. That, employment lawyers say, can lead to abuse of the policies by the companies. "No question this is going to lead to a lot of litigation," says Michael Deutsch of law firm Singer Deutsch. "Clawbacks are unwieldy and can subject employees to abuse...

Author: /time Magazine | Title: Can Financial Firms Get Executives to Give Back Pay? | 1/27/2010 | See Source »

...idea that you had to come to some unified settlement with all of the banks was ridiculous," says Thomas Adams, a lawyer at Paykin Krieg and Adams, LLP, and a former managing director at bond insurer FGIC. "But that seems to be the working logic at the Federal Reserve." (See TIME's 2009 Person of the Year: Federal Reserve Chairman Ben Bernanke...

Author: /time Magazine | Title: Could the U.S. Have Saved Billions on AIG Rescue? | 1/27/2010 | See Source »

...idea arose shortly after the earthquake when a group of administrators and Human Resources officials sought suggestions from faculty and staff members about how to help Haiti, according to University spokesman Kevin Galvin...

Author: By Xi Yu, CONTRIBUTING WRITER | Title: Affected Employees To Receive Grants | 1/27/2010 | See Source »

...ever said that it was a good idea for larger men to wear skinny jeans...

Author: By James K. Mcauley | Title: Death to Skinny Jeans | 1/27/2010 | See Source »

...registered Democrat who vigorously campaigned for President Obama. He sold America on the notion of bipartisanship over policy agendas. Despite campaigning as a Democrat, he breached party lines and won over Americans with a genuine desire to listen, regardless of political affiliation. He championed the idea that everyone had something to bring to the table...

Author: By Kimberly N. Meyer | Title: The Audacity of the Voters | 1/27/2010 | See Source »

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