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...socialite turned reality-TV star might seem like an odd target, but to Redford, who has been involved with the festival since its beginning, she's an example of what the festival has become. In his press conference, Redford said Sundance has been "sliding" of late, blaming "ambush marketers" for taking over storefronts to promote their swag and celebrities who just show up for the paparazzi attention. "It kind of engulfed what we did," he said. "You end up with parties and celebrities and Paris Hilton ... and that's not us. Sundance has nothing to do with any of that...

Author: /time Magazine | Title: Sundance Film Festival | 1/27/2010 | See Source »

...paid in deferred cash, which for most employees is only about a third of their pay. The other two-thirds of the firm's employees' compensation, paid out in cash and restricted stock, are not subject to the clawback provision. But in limiting the repayment provisions, Morgan Stanley might actually be promoting risky behavior, not limiting it. That's because traders may do whatever they can to boost the now smaller portion of their pay that, barring misconduct, is theirs to keep...

Author: /time Magazine | Title: Can Financial Firms Get Executives to Give Back Pay? | 1/27/2010 | See Source »

Toyota officials note that since the fall, the company has been conducting an exhaustive review of factors that might have contributed to the growing number of unintended-acceleration cases filed with the National Highway Traffic Safety Administration. Pinning down the cause of unintended acceleration is extremely difficult, automotive-engineering experts say, because laboratory tests may not be able to replicate unusual situations that arise in real-world driving...

Author: /time Magazine | Title: Toyota's Recall Will Test Customer Loyalty | 1/27/2010 | See Source »

...Reasonable economists can and do disagree. The fact that doves think he's obsessed with inflation and unconcerned with jobs while hawks think the opposite is not proof that he has found appropriate middle ground. And he shouldn't be confirmed just because markets are freaking out that he might not be. But Fed chairmen are supposed to be apolitical, analytical and data-driven; Bernanke is all those things, and he did, after all, save the world. If Republicans don't want to give Obama a victory, they should think of Bernanke as one of Bush's best appointees...

Author: /time Magazine | Title: The Case for Reconfirming Fed Chairman Ben Bernanke | 1/26/2010 | See Source »

...this point, he has no set plans. He did suggest, however, that although elBulli would once again feed customers, research would likely take on a greater priority than cooking. And he joked - if it was indeed a joke - that in whatever new outfit he comes up with, he might just have one table...

Author: /time Magazine | Title: World's Best Restaurant: Reservations Get Tougher | 1/26/2010 | See Source »

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