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...Rather than relying on clawbacks, companies should make sure they get their compensation decisions right in the first place," says Hye-Won Choi, who is the head of corporate governance at TIAA-CREF, which manages retirement accounts. "It is much easier not to give awards up front than it is to take them back once paid...

Author: /time Magazine | Title: Can Financial Firms Get Executives to Give Back Pay? | 1/27/2010 | See Source »

...actress and singer Charlotte Gainsbourg underwent emergency surgery after doctors discovered she had suffered a brain hemorrhage months earlier in a waterskiing accident. While the procedure was a success, Gainsbourg was so rattled by the incident that she insisted on undergoing brain scans for several months afterward to make sure she was all right. To overcome her paranoia, she eventually threw herself into her music, teaming with eclectic alt-rocker Beck to record her third album, IRM, released in the U.S. on Jan. 26. Gainsbourg also took a lead role in the Lars von Trier film Antichrist, which required...

Author: /time Magazine | Title: French Chanteuse Charlotte Gainsbourg | 1/26/2010 | See Source »

...have to cut spending and raise taxes to pay for what they've already spent," he says. "That means a period of fewer public jobs, reduced aid payments and less disposable income in consumers' pockets. Businesses will only start reinvesting money on production and jobs when they're sure demand has returned - and that isn't likely before we see government undertake cost-cutting we know is inevitable." (Read a piece on London as part of TIME's Davos coverage...

Author: /time Magazine | Title: Britain's Out of Recession: So Why No Cheers? | 1/26/2010 | See Source »

Despite the positive evidence, however, not all researchers are ready to suggest that exercise is a sure-fire prescription against mental decline or chronic disease in healthy people. To make that claim, a large, longer-term, controlled trial would be needed, in which participants are randomly assigned to exercise or not, and are then followed for the development of chronic conditions such as cancer, heart disease or dementia...

Author: /time Magazine | Title: Exercise to Protect Aging Bodies — and Brains | 1/26/2010 | See Source »

Soup kitchens and shelters are the traditional ways society has looked after the homeless. But homeless advocates argue that making sure people can continue to afford housing is the central issue. "Services not connected to housing do little good," says Larry Haynes, executive director of Mercy House, the homeless organization that runs the Santa Ana shelter and an array of other programs in Orange County. "Pancake breakfasts provided by the middle and upper class make people feel better, but where are the pancakes the next day?" he adds. "Haiti is a sad reminder that having a place to live...

Author: /time Magazine | Title: The Feds' Homelessness-Prevention Program | 1/25/2010 | See Source »

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