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...Feinberg had the seven firms disclose what the executives in question earned in the past two years. He then collected data on top executives' salaries in the auto and financial industries. None of those at the bailed-out firms, in Feinberg's view, should receive more than the average pay for that position in their industry. Then he got feedback from within the firms on how well each individual...

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

...flaps a manicured hand: "I don't do this kind of comparison. And frankly, I don't think your readers will be interested in Chinese literature at all." Nor is he. "I don't read fiction now," he says. "All I read are magazines. I stopped reading books seven to eight years ago. I think I've read enough...

Author: /time Magazine | Title: Han Han: China's Literary Bad Boy | 11/2/2009 | See Source »

...duplex-drive) Shermans, improbable vehicles specially rigged with flotation devices and propellers. They looked as weird as their descriptions sound. They floated, barely, but the sea that morning was heavier than it had been during training, and 5,000 yards turned out to be too far. Twenty-seven of the 32 DD Shermans sank. (You can hear Tom Hanks yelling about this in the opening scene of Saving Private Ryan: "We got no DD tanks on the beach!") Of the five tanks that survived, three made it because their launching mechanisms had jammed and they were dropped directly onshore...

Author: /time Magazine | Title: How D-Day Almost Became a Disaster | 11/2/2009 | See Source »

Members of the Historic Indian Village Association, a local residents' group, share the cost of private security - about $30 per household each month. Association president Doug Way, 42, moved to Detroit with his wife seven years ago and fell in love with Indian Village's 19th century manors, built for the city's emerging industrial barons. Footing the bill for private security is almost like paying an extra tax, he acknowledges, but it's worth the cost. The median sale price of homes in Detroit has plunged from $59,700 in August 2005 to $8,000 just two months...

Author: /time Magazine | Title: Detroit: Where Private Security Is Booming | 11/2/2009 | See Source »

...Lions out-defended Harvard on the night, recording 11 team blocks to Harvard’s seven. Weiss responded to Columbia’s resurgence in the game by switching in her starting lineup, and the Crimson held on to win the final set in overtime...

Author: By Erika T. Butler, CONTRIBUTING WRITER | Title: Harvard Highlights Weekend With Sweep | 11/2/2009 | See Source »

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