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...Citigroup spokesman denied that the company did anything wrong, noting the pay packages in question were set a month before the bonus ban became law. "Overall executive compensation [at Citigroup] substantially decreased from 2007 to 2008," the spokesman said. "CEO Vikram Pandit and CFO Gary Crittenden declined any bonus for last year as well. As always, we will comply with the new restrictions on compensation ... in addition to continued adherence to the substantial changes we already have made to our compensation structure...

Author: /time Magazine | Title: Citigroup Plans Big Bonuses Despite Rules Against Them | 3/20/2009 | See Source »

What is Gen Ed? For some students, the answer to this question remains unclear...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Kicking the Core to the Curb | 3/19/2009 | See Source »

...decision to issue more conservative budget guidance reflects progressively more pessimistic expectations for the pace of an economic rebound. “Ultimately, we’re going to have to adapt to a new economic reality,” Shore said. “The question is, how do you start to get back to a more sustainable place?” Since the endowment fell 22 percent in four months last year from its peak value of $36.9 billion, University President Drew G. Faust has repeatedly stated that the University estimates a 30 percent decline in endowment value...

Author: By Athena Y. Jiang and June Q. Wu, CRIMSON STAFF WRITERSS | Title: Payout To Fall By Eight Percent | 3/19/2009 | See Source »

...Amid the outrage and consternation lies the question: Why? If we already know the basic tenets of church teaching - not to mention the extent of the AIDS epidemic and disproportionate ignorance about condom use in Africa - why did the Pope say what he said, when and where he said it? What do this and other recent episodes tell us about how the modern papacy operates at that unique nexus where philosophy meets public relations? And why, nearly four years into his reign, does this hyper-articulate and well-versed Pope continue to see his attempts at mass communication blow...

Author: /time Magazine | Title: The Pope's Anti-Condom Remarks: Candor Over P.R. | 3/19/2009 | See Source »

...First, to be clear, the Pope was responding to a reporter's question during the brief press conference that regularly takes place aboard his Alitalia jet just before takeoff (there have been 11 trips abroad). But he could hardly have been taken by surprise, as the questions are submitted ahead of time. Benedict might easily have opted for a pat response along the lines of, "Church teaching is clear on contraception. We must instead focus on education, abstinence and caring for those already infected...

Author: /time Magazine | Title: The Pope's Anti-Condom Remarks: Candor Over P.R. | 3/19/2009 | See Source »

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