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...year for the past half-decade. But earlier this year, it was revealed that the head of that unit, Andrew Hall, had been paid $100 million for his work in 2008 and was set to get a similarly large check for 2009. Citigroup is subject to government-imposed pay caps as a term of the financial aid it received. The government was reviewing Hall's pay package and was reportedly moving closer to forcing Citi to either reduce or restructure Hall's pay. Rather than risk losing the trader - and the profits of the unit - Citi decided to sell...
...Your Mother is like a sitcom version of Lost: it's built around a central mystery - how the protagonist meets his eventual wife - and likes to play with nonlinear narratives, story lines that jump around in time. It's a light show, but it expects its viewers to pay much closer attention than did the sitcoms of a generation ago (as does Emmy-winning 30 Rock, which is shot through with inside jokes and tightly woven callbacks to past episodes...
...limits on when you can sue, a ban on guns not used for hunting, parenting licenses enforced by social-services visits, more obstacles to post-first-trimester abortions and a European-size tax on gasoline. Soda should be sold in containers no bigger than 8 oz. People should pay for their garbage by weight. And their plane tickets...
Many Catholic schools, however, are following in the steps of their public brethren and trying to survive by changing the way they do business. Mandating that students work to pay off tuition, forging partnerships with philanthropists and foundations, converting to charter schools, and taking control away from pastors and putting it in the hands of lay experts - these are just some of the ways dioceses (essentially a church district) are hoping to stem the school-closure tide, which has reached worrisome proportions in America's urban areas, where close to half of all parochial schools are located...
...priests, nuns and brothers able to teach for free has plummeted. In 1950, 90% of the teachers in Catholic schools came from religious orders; by 1967, the figure was 58%; today, it is 4%. This shift has meant that schools have had to raise tuition in order to pay more lay teachers. Meanwhile, increasingly middle-class Irish and Italian families started moving to the suburbs, leaving urban Catholic schools to cater to a majority of lower-income blacks and Hispanics. Less money coming into the church has led to even higher tuition, fewer students who can afford to attend...