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...Cuomo asked eight large banks to turn over data on their expected 2009 bonus payouts. President Barack Obama is considering leveling a fee on financial firms to help the government recoup the costs of last year's bank and auto bailouts. FDIC officials, too, are considering charging banks that pay a large portion of their executive compensation in bonuses a higher fee for its deposit insurance. The U.K. recently adopted a 50% tax on bank bonuses.(See the worst business deals...

Author: /time Magazine | Title: Goldman Tries to Put a Halo on Bonuses | 1/13/2010 | See Source »

...this industry, has lately made noises about regaining some of that lost élan, but antagonizing your passengers doesn't seem like the way to do it. Continental should know better. If it's as good an airline as it keeps saying it is, customers should be willing to pay more for the privilege. Give yourself a raise, Continental, if you think you've earned...

Author: /time Magazine | Title: Airline Baggage Charges: It's Customer Abuse | 1/13/2010 | See Source »

Funny, aren't Southwest and JetBlue among the better performers? They are not always the cheapest, mile for mile, but customers of these carriers find value in the whole travel experience, not just the price. People will pay money for performance. It's a lesson the legacy guys never seem...

Author: /time Magazine | Title: Airline Baggage Charges: It's Customer Abuse | 1/13/2010 | See Source »

Read about how American Express is allowing rewards customers to pay taxes with points...

Author: /time Magazine | Title: Airline Baggage Charges: It's Customer Abuse | 1/13/2010 | See Source »

...Haiti crisis, Yéle's technology partners Mobile Giving and Give on the Go have waived their typical waiting period of two weeks to deposit the donations. Firms like Mobile Accord - which manages the Red Cross system, among others - pay out donations on a quarterly basis, after customers have paid their cell-phone carriers and those companies have forwarded the money, 100% of which goes toward relief efforts. (Read "Seismologist Roger Musson: Haiti Quake...

Author: /time Magazine | Title: Donating by Text: Haiti Fundraising Goes Viral | 1/13/2010 | See Source »

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