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...avoid foreclosure by reducing principals or interest rates and giving people more time to pay back their mortgage. Congress also got a guarantee that taxpayers will get their $700 billion back, and ensured Congressional oversight and transparency of Paulson's transactions. Politically, Congress covered itself somewhat by mandating a limit on executive pay for firms that tap the government's $700 billion...

Author: /time Magazine | Title: The Bailout Deal: Will It Fly in Congress? | 9/28/2008 | See Source »

...clear what sorts of limits on executive compensation will be included in the bailout bill. Ideas being batted around include a temporary elimination of golden parachutes (payouts that executives collect when they lose their jobs); a lower limit on the amount of an executive's base salary that companies can deduct from their taxes (currently $1 million); "clawback" provisions to help recoup bonuses paid based on earnings or other metrics that later prove to be inaccurate; and limits on incentives for "excessive" risk-taking...

Author: /time Magazine | Title: Do Caps on Executive Compensation Really Work? | 9/25/2008 | See Source »

...while France is hardly protected from the downturn - the Paris CAC 40 stock index dropped 2.3% Monday after the French government nearly halved its 2009 growth estimates to 1% - at least one factor might limit the damage to a degree. In the course of the last 15 years, which saw a boom in France's real estate values, no lender would grant credit to an applicant with more than a 33% debt-to-income level. French banks have also always favored fixed-rate mortgages over more enticing but perilous variable-rate loans. The French real estate market is slowing...

Author: /time Magazine | Title: No Gloating in France on Finance Crisis | 9/23/2008 | See Source »

...won’t specifically limit ourselves to any situation, meaning that there’s no guarantees that where maybe Collier went in last year, Liam will go in this year,” Murphy said. “But we do have those same designs and packages for Liam, as possibilities...

Author: By Brad Hinshelwood, CRIMSON STAFF WRITER | Title: Harvard Faces Holy Cross in First Knight-Time Duel | 9/19/2008 | See Source »

...shift can also affect how a campaign chooses to devote its resources and time on the trail. During the Democratic primaries, some of Hillary Clinton's senior advisers made a case for downplaying or even skipping Iowa, based on the argument that early voting would limit the importance of winning that state. "Iowans will not be the first to vote," Clinton's deputy campaign manager Mike Henry wrote in a memo...

Author: /time Magazine | Title: Virginia Sounds the Starting Gun for Early Voting | 9/19/2008 | See Source »

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