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...Wall Street. Gone are year-end payouts and AIG-style guaranteed retention awards. Instead, he devised a method of compensating executives: something he calls salary stock. Each pay period, the executives at Bank of America, GM and the other firms will get awards of stock along with their regular paychecks. The checks can be cashed immediately, but the executives may not sell the stock for up to four years. Also, bonuses are paid in restricted stock, which must be held for at least three years and may be sold only after the firm has repaid what it owes taxpayers...

Author: /time Magazine | Title: Wall Street, Meet Ken Feinberg, the Pay Czar | 11/2/2009 | See Source »

...among his core fans (his last book came out five years ago), but his editor at W.W. Norton, Robert Weil, thinks this book is reaching beyond Crumb's base. One sign he's right is that it's not just selling in comic book stores. Bookscan reported sales in regular bookstores increased the second week. Amazon says most of its buyers are coming from the West Coast, which is not as surprising as the cautious promotion the book got on religious blogs. (See 10 surprising facts about the world's oldest Bible...

Author: /time Magazine | Title: Genesis: The Word According to R. Crumb | 11/1/2009 | See Source »

...Geithner has also branched out in Washington, holding regular meetings with top think tankers, academics, journalists and political figures...

Author: /time Magazine | Title: Geithner Leads a Fresh Charge on Financial Reform | 10/30/2009 | See Source »

...tripping and masks don't restrict their vision. And parents of young children should accompany them on the walk around the neighborhood to keep them safe. "A lot of kids don't know the right way to cross the street because they're not walking anywhere on a regular basis," says Nichole Hodges, home safety coordinator for the Center for Injury Research and Policy at Nationwide Children's Hospital in Columbus, Ohio. "This may be a good time to provide that education as parents...

Author: /time Magazine | Title: Is Trick-or-Treating Dangerous? | 10/30/2009 | See Source »

...furious? If not, you should be. The giant financial institutions that make up Wall Street have been bailed out, thanks to trillions of dollars of our money, and are on track to hand out record-breaking multibillion-dollar bonuses while millions of regular folks are hurting. Even outside the gilded halls of Wall Street, there's no shortage of good cheer: many economists say the Great Recession has ended, and Federal Reserve Chairman Ben Bernanke keeps seeing "green shoots" in the economy...

Author: /time Magazine | Title: What's Still Wrong with Wall Street | 10/29/2009 | See Source »

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