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...gonzo, over-the-top writing that some people might find fun to read. I was shocked that others saw it as being supporting evidence that Goldman Sachs had burned down the Reichstag, shot the Archduke Ferdinand and fired on Fort Sumter." Suddenly a firm that few Americans know or understand has become part of the zeitgeist, the symbol of irresponsible Wall Street excess, the recovery from which has pushed the nation's treasury to the brink. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

...aside some $11.36 billion so far in 2009 in total compensation and benefits for its 29,400 employees. That's about on pace with the record payout the firm made in 2007, at the height of the bubble. Thanks to Andrew Cuomo, the New York State attorney general, we know that in 2008, while Goldman earned $2.3 billion for the year, it paid out $4.82 billion in bonuses, giving 953 employees at least $1 million each and 78 executives $5 million or more (although Goldman's top five officers, including Blankfein, declined a bonus...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

Instead of sorting through stacks of forms, I'll set my death panel behind huge wooden desks in a big empty room like the audition scene in Flashdance. I know this will make it hard for the sickest people to attend, and that will make my first cut much easier. I will green-light medical intervention on four criteria: cost, likelihood of success, years of life saved and a person's awesomeness. For example, we'd all shell out to keep Justin Timberlake going for another 50 years, but we probably wouldn't kick in much to spot Michael Vick...

Author: /time Magazine | Title: Joel Stein: If I Ran the Death Panels | 8/31/2009 | See Source »

...idea that the not-Eskimo murdered their elders, Nasuk said, is absurd. The elderly, she said, are, in fact, rarely questioned and receive the first fish caught and animal hunted. "I don't know why a lot of stories are told about Alaska," she said. "Like that you guys kiss with your noses?" I suggested. "Yeah, we kiss with our noses!" she said, informing me that I had picked the one not-Eskimo rumor that was true. Feeling even more stupid, I mentioned how dumb it was that we think they have tons of names for snow. Nasuk told...

Author: /time Magazine | Title: Joel Stein: If I Ran the Death Panels | 8/31/2009 | See Source »

...This new skill that I'm acquiring in drafting players - you never know when it might come in handy," says Pam Iorio, mayor of Tampa, Fla. And how, precisely, might her fantasy prowess help her with her day job? "I'm not sure yet," she says...

Author: /time Magazine | Title: Fantasy Football: Is It Going to Our Heads? | 8/31/2009 | See Source »

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