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...things very, very wrong. So paying more people mostly in stock may result not in his stated goal of pay for performance but in pay for randomness. Feinberg is probably correct that his compensation structure won't hurt these firms' ability to retain top talent. Wall Streeters love to let it ride. The question is whether more people hell-bent on boosting their stock price will produce a better outcome for the economy as a whole. What Feinberg is likely to find after five months of studying executive comp is that there is no great way to pay people gobs...

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

...leadership looks at our history, we will never learn from our mistakes. I was in the eighth grade when the first Tennessee soldier was killed in Vietnam in 1962, and 10 years later I was fortunate to return from service with the 1st Air Cavalry Division in Vietnam. Let's hope the decision makers review Ferguson's work while examining the war in Afghanistan. Bryce Sanders, CLARKSVILLE, TENN...

Author: /time Magazine | Title: A Soldier's Life | 11/2/2009 | See Source »

...Given the number of foreign companies that have set up their own facilities in China, the government is unlikely to let them fail completely, says New Energy Finance's Ying. "If they have manufacturing capacity in China, they generate GDP, generate tax revenue, generate employment, I do not see a reason why the Chinese government would let them die," he says. "A parent may like one child more than the other, but at the end of the day I think they will continue to do well and continue to do business in China." With the rest of the global economy...

Author: /time Magazine | Title: Tower of Power | 11/2/2009 | See Source »

...leadership looks at our history, we will never learn from our mistakes. I was in the eighth grade when the first Tennessee soldier was killed in Vietnam in 1962, and 10 years later I was fortunate to return from service with the 1st Air Cavalry Division in Vietnam. Let's hope the decision makers review Ferguson's work while examining the war in Afghanistan. Bryce Sanders, Clarksville, Tenn...

Author: /time Magazine | Title: Inbox | 11/2/2009 | See Source »

Zelaya's restoration, which would let him finish the last three months of his term, isn't guaranteed under the accord. Instead, he and Micheletti consented to let the Honduras Congress, under the watch of a special verification committee, decide the issue in the coming days. It's not yet clear if Zelaya - who remains holed up in the Brazilian embassy in Tegucigalpa since sneaking back into the country from exile last month - has the votes. His own Liberal Party, in fact, is split over his return. But getting Micheletti to concede even the possibility of Zelaya's reinstatement, which...

Author: /time Magazine | Title: A Deal Finally Ends Honduras' Coup Crisis | 10/31/2009 | See Source »

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