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Earlier this week, E-Trade hired Steven Freiberg to be the online broker's chief executive. Freiberg will get paid $1 million a year for his new position plus bonus, which the firm has guaranteed will be $3 million a year for the first two years. Mid-sized investment firm...

Author: /time Magazine | Title: Pssst: Wall Street Is Hiring Again | 3/29/2010 | See Source »

China and the World Stage John Lee's clear reminder of China's vastly different historical perspective versus that of the U.S. is a point not made often enough [March 8]. Where the U.S. sees a four-year electoral cycle, China is still making decisions with generations in mind. Lee...

Author: /time Magazine | Title: Inbox | 3/29/2010 | See Source »

Paralysis isn't unique to Japan; it appears to be a common affliction throughout the developed world. But by looking at Japan, we can get a good idea of the damage it can do. Unwilling to make hard choices, the government simply threw taxpayer money around, attempting to keep people...

Author: /time Magazine | Title: What Japan's Years of Paralysis Teach America | 3/29/2010 | See Source »

As I sat in Sendai, looking warily across the Pacific toward my home country, I shuddered to think America was heading Japan's way. Everyone in Washington knows what problems the nation faces, but there is a Japan-like inability to take the necessary action. The broken U.S. health care...

Author: /time Magazine | Title: What Japan's Years of Paralysis Teach America | 3/29/2010 | See Source »

Barking and Dagenham - the two neighborhoods elect separate members of Parliament but make up a single London borough council - have witnessed rapid demographic change since the last national census, in 2001. At the time, 80% of locals identified themselves as "white - British." There's been a big influx of nonwhite...

Author: /time Magazine | Title: Deep Funk: Why Britain is Feeling Bleak | 3/29/2010 | See Source »

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