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...most high-profile attempt has been the Treasury Department's requirement that banks participating in its recapitalization program make sure senior executives' pay doesn't entice them to take "unnecessary and excessive risks that threaten the value of the financial institution." What exactly that means, though, has been lobbed back to directors. And technically they've always had a duty to step in the way of anything that threatened their company's value. In fact, companies long ago thought they had figured out a way to shepherd individual interest. "Everyone thought risk-based compensation was equity in the firm," says...

Author: /time Magazine | Title: Reassessing Risk | 11/5/2008 | See Source »

...Wilson was caught trying to smuggle a suitcase stuffed with $800,000 in cash from Venezuela into Argentina last year but was allowed to return to his Miami home by the Argentine authorities, where - the court found - undercover emissaries from Venezuela and Argentina, Duran among them, had tried to threaten and bribe Wilson to hush up a political scandal that threatened the leaders of both countries...

Author: /time Magazine | Title: More Woes for Argentina's 'New Evita' | 11/4/2008 | See Source »

Family Politics I found Elizabeth Gilbert's essay "A Family Divided" to be eminently sad [Oct. 20]. An Obama supporter, Gilbert tells us she is "losing sleep" over the possibility that her father will vote for McCain. She worries that it "could somehow threaten our affection." Really? I understand that many people are passionate in their political beliefs, but to obsess over your own father's political preferences to the point where you want to "scold him or force him to accept [your] worldview" strikes me as rather extreme and narrow-minded. Salvatore Astorina, BROOKLYN...

Author: /time Magazine | Title: Financial Contagion | 10/30/2008 | See Source »

...electoral processes were exposed as flawed and anachronistic. This year the two-week run-up is letting election watchdogs detect potential problems - not just defective voting-booth technology but also the new no-match, no-vote laws that tighten voter-identification requirements at the polls but that critics say threaten to inordinately disenfranchise minority voters. A new concern is the home-foreclosure crisis, which in hard-hit states like Florida may leave thousands of voters without a valid voter address to claim. No major problems have been reported so far, but lawyers for both parties are at the ready...

Author: /time Magazine | Title: How Early Voting Could Cost McCain Florida | 10/30/2008 | See Source »

...recent campus efforts to reduce Harvard’s carbon footprint, and the excessive lengths to which the administration has gone to promote them, threaten to render the whole project ridiculous and inspire contempt for the cause in the minds of most reasonable observers...

Author: By Christopher B. Lacaria | Title: It’s Not Easy Being Green | 10/27/2008 | See Source »

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