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There has also been mixed success with legislating clawbacks. The Sarbanes-Oxley Act, passed in 2002 in the wake of accounting scandals at Enron and other companies, required CEOs and CFOs of companies that have to restate earnings because of financial misconduct to pay back bonuses and incentive compensation. But...

Author: /time Magazine | Title: Do Caps on Executive Compensation Really Work? | 9/25/2008 | See Source »

6. Will all of the federal wheeling and dealing come with transparency and oversight? Maybe. The bailout is being undertaken by the U.S. Treasury, which means it can't be hidden away or done "off the books" in an effort to minimize its apparent scope. The Treasury will consult with...

Author: /time Magazine | Title: 7 Questions About the $700 Billion Bailout | 9/24/2008 | See Source »

Incidentally, requiring the taxpayer to get medical verification of their weight would increase the number of annual checkups, incentivize the elective purchase of health insurance to cover the costs of said checkup, and help in the provision of preventive care, a crucial factor in identifying high-risk patients at an...

Author: By Eugene Kim | Title: Fixing Our Fat Problem | 9/11/2008 | See Source »

Just one day after Lawrence, and in light of the ruling, the Kansas Supreme Court ordered reconsideration of a case involving an 18-year-old who had been sentenced to prison for 17 years for initiating oral sex on a 14-year-old boy. If the younger boy had been...

Author: /time Magazine | Title: The Court's Gay Rights Legacy | 6/28/2008 | See Source »

Seven members of Samak's cabinet also faced no-confidence motions; all of them survived the vote. But the fact that the ruling coalition held together doesn't mean that Thai politics are returning to normal. Coup rumors abound. Street protesters vow to continue their rallies, especially if Samak continues...

Author: /time Magazine | Title: Thai PM Fights for His Political Life | 6/27/2008 | See Source »

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