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Under the old Bear Stearns plan, top executives were required to donate 4% of their bonuses to charity. For Goldman, that would mean a charitable donation of just over $700 million. And that's if every employee is forced to participate, which is not likely to be the case. Still, even $700 million would be far less than the $12.9 billion Goldman received when AIG was bailed out by the Federal Government. And it's a fraction of what Goldman has been making in the market at a time when the government is spending trillions to support asset prices...
...that it might just be true. He did, after all, smash the single-season home-run record for rookies with 49 long balls in 1987 - two years before, he says now, he first tried doping. Could he have edged out Sammy Sosa to crush Roger Maris' 37-year-old home-run record in 1998 - knocking 70 balls out of the park - even without juicing? Fans will never know...
Ankit Mehra stops in front of a Tata Nano and waits for the crowd to clear. When it thins, the 22-year-old M.B.A. student aims his camera phone at a neon green model of the world's cheapest car and takes a photo. Mehra sees the appeal of the small, sleek car that has gained almost celebrity status in India, but his heart is set on something a bit grander in the New Delhi Auto Expo showroom - the upmarket Audi Q7. (Watch a video on owning a Nano...
Warmth, shelter and free entertainment: it's a compelling offer for Londoners facing a chilly age of austerity. But the capacity crowd that queued before dawn to attend Britain's seven-week-old Iraq inquiry as it prepared to welcome its first headline act, former Labour premier Tony Blair's communications supremo Alastair Campbell, sought more than respite from the cold. "I'm here because I hold this man partly responsible for that terrible, terrible war," explained a retired therapist, shivering in her tweed coat...
...Year's Day, when a suicide bomber detonated an SUV packed with explosives at a volleyball tournament, leaving more than 90 people dead. It was but the latest in an a steady stream of brutal attacks that have escalated along with the Pakistan Army's three-month-old offensive against the Pakistan Taliban in South Waziristan. And it reinforced a growing perception across the country that the government is in no position to mount a robust response. Stopping determined terrorists is difficult for even the most able governments, but analysts say that Islamabad - whose government is in growing disarray...