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...Goldman and its employees will have to do a better job of choosing their charities if they hope to get the maximum image boost. Among the roughly 450 nonprofit organizations that Goldman employees donated to through the voluntary program in 2008 are some of the nation's most élite private schools. One of the largest recipients of Goldman money in 2008 was New Jersey private school Rumson Country Day School. Also on the list are Choate Rosemary Hall, Lawrenceville and Spence. Top colleges got their share of Goldman largesse as well. Harvard, Stanford Graduate School of Business, the University...

Author: /time Magazine | Title: Goldman Tries to Put a Halo on Bonuses | 1/13/2010 | See Source »

...Because having a hired driver is also common practice among India's socioeconomic élite, BMW also had to change its sales pitch to suit a buyer who might never even sit in the driver's seat. "When we get in contact with a customer, we show the backseat as well," says Kronschnabl. "We don't only focus on the driving experience because the [hired] driver experiences the driving; the owner experiences the backseat." Because the backseat rather than the driver's seat is a big selling point, unlike in most markets, bigger and more expensive BMW 5 Series sedans...

Author: /time Magazine | Title: Foreign Luxury Cars: Picking Up Speed in India | 1/12/2010 | See Source »

Carlsen joins chess's élite at a time of unprecedented change. He is one of a generation of players who learned the game from computers. To this day, he's not certain if he has an actual board at home. "I might have one somewhere. I'm not sure," he says. Powerful chess programs, which now routinely beat the best human competitors, have allowed grand masters to study positions at a deeper level than was possible before. Short says top players can now spend almost an entire game trading moves that have been scripted by the same program...

Author: /time Magazine | Title: A Bold Opening for Chess Player Magnus Carlsen | 1/11/2010 | See Source »

...major threat, but have no expertise." Relative to the size of the population, the police are understaffed. And they enjoy little public confidence amid widespread allegations of venality. Other problems listed by Siddiqa include a lack of coordination between various intelligence agencies, poor pay and the dedication of élite units to the "protection of the powerful instead of the country's heartlands...

Author: /time Magazine | Title: Pakistan's Response to Terrorism: Still Inadequate | 1/11/2010 | See Source »

...Some analysts believe sections of the armed forces could provide a more effective alternative to civilian law-enforcement agencies in combating terrorism. The army, air force and navy all have élite units, known collectively as the Special Services Group, that are currently being underutilized. But others dismiss that suggestion as an intrusion into civilian affairs that will only delay the development of more effective law-enforcement institutions...

Author: /time Magazine | Title: Pakistan's Response to Terrorism: Still Inadequate | 1/11/2010 | See Source »

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