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...unusual trait for a guy who has to deliver the type of news that most of us would prefer to dispense from across the room or, better yet, by e-mail from a do-not-reply address. On Oct. 22, he told 136 top executives of seven bailed-out firms that effective immediately, he was cutting their total compensation 50% from what they received a year ago. Feinberg's previous public position was the administrator of the September 11th Victim Compensation Fund. In that job, he had to put a price tag on the dead. (See pictures of the stock...

Author: /time Magazine | Title: Wall Street, Meet Ken Feinberg, the Pay Czar | 11/2/2009 | See Source »

...largest solar plants to date, and eventually generate enough electricity to power the equivalent of 3 million Chinese homes. To fulfill the huge demands, First Solar says it's considering building a solar-module manufacturing facility in the city to support the project. While financial details were not released, news of the deal caused First Solar's stock to jump 11% on the day of the announcement. "This major commitment to solar power is a direct result of the progressive energy policies being adopted in China to create a sustainable, long-term market for solar and a low-carbon future...

Author: /time Magazine | Title: Tower of Power | 11/2/2009 | See Source »

...This news arrives just as many of the cereals with the worst nutrition ratings are being adorned with the food industry's new "Smart Choices" label, a big check mark designed to assure consumers that a product is good for them. The label is being put on hundreds of items, from mayonnaise to ice cream, so why are the Rudd researchers so hopped up about cereal? Because it is more heavily advertised to kids than any other packaged-food category. And because cereals can qualify as "Smart Choices" even if they have 12 g of sugar - that's about three...

Author: /time Magazine | Title: Sweet Spot: How Sugary-Cereal Makers Target Kids | 11/2/2009 | See Source »

...Calling 'Em Out" [Oct. 19]: Without enough real news to fill the 24/7 format, the media have to resort to half-truths and sensationalism to maintain an audience. Here's to the White House for fighting back. I hope press secretary Robert Gibbs keeps throwing fastballs high and tight...

Author: /time Magazine | Title: Inbox | 11/2/2009 | See Source »

...idea of a mad loner silently avoiding attention seems like a quaint throwback. In August, a VH1 dating-show contestant was charged with the murder of his ex-wife, then committed suicide. And on Oct. 15, America spent an afternoon being literally distracted by a shiny object, watching news choppers chase a silver balloon that we were told carried a presumably terrified 6-year-old boy. When we learned during the coverage that Falcon Heene's family had twice appeared on ABC's Wife Swap, who didn't have the same thought? That if Falcon's parents would open their...

Author: /time Magazine | Title: Balloon Boy's Lesson: The New American Dream | 11/2/2009 | See Source »

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