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...would impose 90 percent surtax on bonuses paid to employees of companies that have received at least $5 billion in TARP funds if the employee's family income exceeds $250,000. In support of the bill, Obama said he is eager to receive legislation "that will serve as a strong signal to the executives who run these firms that such compensation cannot be tolerated." The Senate plans to vote on the bill this week...

Author: /time Magazine | Title: Why the People Who Broke the Financial System Will Profit | 3/25/2009 | See Source »

Down in Mexico, the administration of President Felipe Calderón accused the U.S. of being hypocritical and protectionist. It has a strong case. Under NAFTA, Mexican trucks were meant to be roaming some U.S. roads in 1995 and the width and breadth of the whole country by 2000. However, successive U.S. administrations could not say no to Teamster complaints that Mexican trucks were not fit for the interstates. Finally, both sides agreed on the pilot program to break the deadlock...

Author: /time Magazine | Title: Obama's 'Trade War': No Truck with Mexico | 3/25/2009 | See Source »

...front of that to gauge our reactions, and I think most everybody dealt with it pretty well. That being said, one thing we do back home at Biotrauma, we've identified the fact that stress has a cumulative effect on the body. We seem to be strong, or at least we tell ourselves that [laughs], and we haven't had any problems, but that's not to say something couldn't happen down the line. So we keep a real close eye on our employees...

Author: /time Magazine | Title: Cleaning Up Death at War — and at Home | 3/24/2009 | See Source »

...These forces can't be pulled out just because Atheel Nujaifi says so in the media," says Fryad Rwandzi, a Kurdish member of parliament and spokesman for the 58-strong Kurdish bloc in the national parliament. "We, as Kurds, have the authority to defend our people; 172,000 Kurdish people were driven away from Mosul [during Saddam's Arabization period]. [The peshmerga] are to protect the Kurdish people." (Read a TIME story about Kurdistan...

Author: /time Magazine | Title: Arab-Kurd Tensions Could Threaten Iraq's Peace | 3/24/2009 | See Source »

...Crimson used a combination of experienced leadership and strong rookie performances to stay competitive on the largest stage of the season and improve from its 2008 sixth-place finish...

Author: By Colin Whelehan, CONTRIBUTING WRITER | Title: WEB UPDATE: Crimson Captures Fifith at NCAAs | 3/23/2009 | See Source »

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