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...exceedingly wealthy. In 2007, the year of Goldman's record profit, the board paid him $68.5 million, a record payout for a Wall Street CEO. His 3.4 million shares of Goldman are worth about $540 million. He bought a tony $27 million Manhattan apartment at "Wall Street's new power address," as the New York Times called it, 15 Central Park West. He also owns a 6,500-sq.-ft. (600 sq m) home in Sagaponack, N.Y., near the ocean. (See pictures of expensive things that money...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

...Kennedy’s voting record also shows general support for limiting executive power, smoking prevention, and alternative energy, though he was accused of NIMBY-ism in his opposition to Cape Wind, a proposal for an offshore wind farm near Cape Cod. In the last decade, Kennedy has pushed for accountability and greater humanitarian aid in Iraq...

Author: By The Crimson Staff | Title: Farewell to a Senator | 8/31/2009 | See Source »

...Under this framework, we can more fully understand his legislative record. Many have quoted Kennedy’s famous proclamation at the 1980 Democratic National Convention: “The work goes on, the cause endures, the hope still lives, and the dream shall never die.” But fewer have explored the decidedly liberal content of that dream. Kennedy’s speech was delivered following an unsuccessful primary challenge against a sitting president of his own party who, Kennedy argued, was failing to live up to Democratic ideals. The speech was a call to action for liberals...

Author: By Jonathan S. Gould | Title: Lessons from the Liberal Lion | 8/31/2009 | See Source »

...young to care about baseball before the strike in 1994, my earliest memories come from the record-breaking power surge of the late ’90s. Like every fan my age and older, I remember the summer of 1998 for the moments spent scurrying to the nearest TV whenever Sosa or McGwire threatened the records of Ruth and Maris. That summer’s hardball fireworks happened to coincide with a brief hiccup that served as nothing more than a semicolon in a decade-long, run-on sentence of previously unimaginable financial growth. As I was 10 years...

Author: By Gabriel J. Daly | Title: Little Papi | 8/31/2009 | See Source »

...Japan managed to climb out of a yearlong recession in the second quarter, but its economy remains weak. Unemployment and anxiety over falling wages threatens to undermine any recovery. The jobless rate has risen to a record 5.7 percent. After a rapid succession of three administrations in three years, Japan is facing its worst crisis of confidence in decades...

Author: /time Magazine | Title: Japan Opposition Scrambles To Form Transition Team | 8/31/2009 | See Source »

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