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...nearly $400 million a year for the past half-decade. But earlier this year, it was revealed that the head of that unit, Andrew Hall, had been paid $100 million for his work in 2008 and was set to get a similarly large check for 2009. Citigroup is subject to government-imposed pay caps as a term of the financial aid it received. The government was reviewing Hall's pay package and was reportedly moving closer to forcing Citi to either reduce or restructure Hall's pay. Rather than risk losing the trader - and the profits of the unit - Citi...
...Starring a pair of waifish twins who inherit their mysterious (and dead, but maybe not-so-dead) aunt's London flat, the book is set in and around the city's famous Highgate Cemetery. Niffenegger talked to TIME about her favorite gardens of the dead, creepy twins and the subject of her next book...
White House staff regularly get "item of interest" e-mails from the Situation Room staff. So that is how most staffers were notified this morning - if they were awake. Shortly after 5 a.m., the Situation Room sent out an internal e-mail with the subject line: "Item of Interest: President Obama Wins Nobel Peace Prize." Phones quickly started ringing after that, including a call from Gibbs to wake up Obama just before 6 a.m. Five hours later, the President strode into the Rose Garden as the globe's newest Nobel laureate...
...involved in politics; their ages range from 58 to 68. But it's hard to draw any theories about how that group works when the Nobel website also notes that in deciding the peace award, the committee is aided by "permanent advisers", "Norwegian university professors with broad expertise in subject areas", and occasionally "Norwegian and foreign experts...
...regular says, "If the Nobel Committee deliberately set out to sabotage Obama, they couldn't have done it better." Actually, that was me. I'm sure many others will have made much the same point by now. Twitter often reminds users how many different viewpoints there are on a subject. The Nobel Committee has achieved something of a first by bringing the fractious Twitterverse into such widespread agreement. They almost deserve a Peace Prize...