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...current task may be even more complex. Feinberg's mid-October report reassessed not only what the top 25 executives of each of the seven firms that received the most government assistance should be paid but also how. Unlike his job with the 9/11 fund, Feinberg's position as pay czar is not one that inspires sympathy. Some think his meddling has made the firms over which he has sway less competitive. Others say he didn't cut enough. But as Wall Street prepares to hand out eye-popping year-end bonuses, the larger question is this: Just how much...
Here's the play-by-play from a few days in mid-October. House Republicans wrote (and released to the public) a letter to the President in which they claimed that with the unemployment rate at 9.8%, "it is now evident that the massive 'stimulus' spending bill enacted months ago has been unsuccessful." Obama economic adviser Larry Summers stepped up to play defense. "Thanks largely to the Recovery Act ...," he wrote, "we have walked a substantial distance back from the economic abyss and are on the path toward economic recovery." (See 25 people to blame for the financial crisis...
...final episode in a trilogy that recounts the tumultuous times of the American Sixties, though it can be read as a stand-alone novel. Its predecessors “American Tabloid” and “The Cold Six Thousand,” set throughout the early and mid-60s, are retellings of such events as the assassinations of President Kennedy and Martin Luther King Jr., with rotating chapters containing each of three narrator’s points of view. Ellroy continued this three-narrator formula in this latest novel, following the ex-cop and mob affiliate Wayne Tedrow...
...Tabloid” is apparent to the listener—both in terms of their musical and emotional significance—as a testament to the group’s careful song selection as well as an inspired sequencing of tracks. That much of the offering centers around mid- to late-century rock and soul music is no surprise for a group that got their start playing Hank Williams and Prince covers in bars...
Adams is so identified with black and white that most people would be surprised to learn that he started to shoot in color soon after Kodachrome was invented in the mid-1930s and that by the time of his death in 1984 he had produced nearly 3,500 color images. Though he allowed some of those pictures to be published in his lifetime, he never printed them himself, or at least not for the public. He didn't believe that the color processes of his day could produce results to compare with the rich visual deliberation, the fine-grained luxuriance...