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Grasso's pay has been a subject of intense curiosity since May, when the Wall Street Journal reported that his compensation totaled $12 million last year. In the wake of recent corporate-accounting scandals, Grasso pushed hard for strict new N.Y.S.E. governance requirements, with a focus on transparency. So pressure has built for the Big Board to follow the same standards as its members. "It was Dick who said earlier this year, 'Look, times have changed,'" says N.Y.S.E. spokesman Robert Zito. By disclosing Grasso's pay while extending his contract through 2007, the N.Y.S.E. board ate its own cooking without...

Author: /time Magazine | Title: Big Board, Big Payday | 9/8/2003 | See Source »

...equally good Kill the Moonlight enlarged the cult. As with R.E.M. in the late '80s, one senses that Spoon could be not just a distinctive band but the rare distinctive band that is also popular. Daniel is sequestered at home in Austin, Texas, adhering to a strict writing regimen in order to get a new album, Captured to Be Cooked, out by spring 2004. "I try to get up early, have some cereal, have a run and then don't talk to anybody for eight hours," he says. "It's really hard." Daniel has written 40 songs, but thinks only...

Author: /time Magazine | Title: Music: These Guys Just Might Be Your New Favorite Band | 9/8/2003 | See Source »

...friends because "the sex part always gets in the way," male-female friendships have traditionally been hindered more by practical obstacles than by sexual trapdoors. In generations past, girls and boys played on opposite sides of the playground and were groomed for distinct roles in life. Now, however, "strict gender roles have broken down from age 7 onward," says Michael Monsour, author of Women and Men as Friends: Relationships Across the Lifespan in the 21st Century (Lawrence Erlbaum, 2002). Americans come of age sharing soccer fields and video games, roaming the Internet together, occupying the same dorms at college...

Author: /time Magazine | Title: We're Just Friends. Really! | 9/1/2003 | See Source »

...Moore: Because judges have departed from constitutional interpretation and have gone to their own feelings. One justice, by the name of Curtis, said "When a strict interpretation of the constitution according to the fixed rules which govern an interpretation of laws is abandoned and the theoretical opinions of individuals are allowed to control its meaning, we have no longer a constitution, we are under a government of individuals who for the time being have the power to declare what the constitution is according to their own views of what it ought to mean." What Justice Curtis said...

Author: /time Magazine | Title: Questions For: Roy Moore | 8/28/2003 | See Source »

...been limited. One day soon it may not be. Though open-road racing began in Nevada in 1988, this year will see more sanctioned events--nine in three different states--than ever. Open-road racing takes place over a prescribed distance on closed public highways and under strict safety conditions. Most races are open to all comers who can pay the roughly $650 in fees and pass the scrutiny of race organizers like MKM Racing, which sponsored the Bonneville race...

Author: /time Magazine | Title: The Need for Speed | 8/25/2003 | See Source »

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