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...Dollars are a surrogate for worth," says Feinberg, leaning back in his chair before bouncing forward again on the next sentence. "So when you start talking about dollars, what people hear is a ruling on their overall integrity and value to society. It gets difficult...

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

...That's just the start. Feinberg will oversee the pay at the firms until each has repaid the government - or until he quits, and he has no plans to do so anytime soon. Having established a set of principles on which to base compensation for these execs, Feinberg says it will be easier to pass judgment on next year's pay packages, a process he pledges to start in January...

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

...that's not stopping students from signing up. Laetitia Marcellesi says she had to get a job to pay for the course, while her classmate, Justine Boussin, took out a loan to finance a study-abroad trip to London. Only time will tell if future French students will start getting this type of practical training for free at school or whether they'll have to keep paying for it once they graduate...

Author: /time Magazine | Title: Why France Is Pushing Its Students to Master English | 10/31/2009 | See Source »

...from the start condemned the coup and backed Zelaya's restoration. But in recent weeks it toyed with the idea of letting the international community oversee next month's election, bless the winner and then broker a deal to restore Zelaya afterward, until his term ends Jan. 27. Diplomats close to the Honduras talks say that when Washington realized it could only get backing for the idea from a handful of countries like Peru and the Bahamas (not from major hemispheric governments like Brazil and Mexico, nor even staunch U.S. ally Colombia), it decided to turn the screws on Micheletti...

Author: /time Magazine | Title: A Deal Finally Ends Honduras' Coup Crisis | 10/31/2009 | See Source »

...This statement, aired on state television, killed off whatever flicker of hope liberals had that Medvedev might finally start moving Russia toward real democracy. The humbled opposition has since gone back to their places in the Duma. And the pro-democracy camp can only look with dread to 2012 when Putin is widely expected to run for President again. Whether he realizes it or not, Medvedev may already be a lame duck...

Author: /time Magazine | Title: Medvedev Dashes Hopes for More Democracy in Russia | 10/30/2009 | See Source »

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