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...1980s. So did profits and pay. You can argue that CEO compensation is a rigged game, but on Wall Street, lavish pay packages have never been restricted to the top of the executive ladder. Top-performing investment bankers and traders were paid big sums because otherwise they might jump ship to a rival bank or a hedge fund. And nobody was forcing rich people and pension funds to entrust their money to high-fee private-equity firms and hedge funds. (See the top 10 financial collapses...

Author: /time Magazine | Title: Pay Wall Street Less? Hell, Yes | 2/19/2009 | See Source »

...Amaker said. “Davis is such a key with making things going for the team…Mavraides [is] a very good shooter. So I think they’re solid players, and I’m sure they’ll [be] looking to right their ship because they’re coming off of a few losses themselves...

Author: By Katie Kuzma, CONTRIBUTING WRITER | Title: Harvard Looks For Revenge on Road Trip | 2/19/2009 | See Source »

...told TIME on Sunday that the events seen and heard earlier in the day bore the hallmarks of a natural incident; debris from a satellite collision is generally too small to be seen. The satellites involved in last week's cosmic crack-up were relatively small machines. The Russian ship weighed 1,235 lbs.; the American ship was about a ton. Once that mass is broken up into smaller pieces, the atmosphere ought to do a pretty good job of incinerating it. Skylab did shower the Australian outback with wreckage during its reentry in the summer...

Author: /time Magazine | Title: The Sky Isn't Falling in Texas — Yet | 2/15/2009 | See Source »

True killer collisions occur not when spacecraft traveling in the same band or orbital plane bump each other but when there's a full-blown crash between two ships in different planes - say, between one ship in an orbit that carries it over the U.S. and Central Asia, and another in an orbit that carries it over Western Europe and Eastern Asia. That's what happened on Tuesday...

Author: /time Magazine | Title: How Much Is Too Much Space Junk? | 2/13/2009 | See Source »

...hard to bear thinking about what would have happened if there had been astronauts aboard either ship - but space officials can't afford not to think about it. There is currently no international treaty governing space debris, though the U.S., Russia, Japan, France and the European Space Agency have rules they follow to keep the junk to a minimum. Additionally, an international committee overseen by most of the world's space agencies consults on the issue. Still, it's a problem that isn't going away...

Author: /time Magazine | Title: How Much Is Too Much Space Junk? | 2/13/2009 | See Source »

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