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...used to compensate employees. Greenberg's Starr, for its part, has recently been beefing up its credentials as a charity. In the past few weeks, Starr has given out $1.5 million to antihunger and homeless causes in the New York City area. Starr is owned by a nonprofit (thus, it thinks of itself as a charity,) but it only made its first charitable donation...

Author: /time Magazine | Title: AIG vs. Hank Greenberg: Who's More Deserving? | 6/15/2009 | See Source »

...called six-party talks. Their explicit goal: to get North Korea to give up its nuclear-weapons program. When the North launched another long-range ballistic missile in early April, China helped promote the fig leaf at the U.N. Security Council that the rocket carried a communications satellite and thus might not be a direct violation of two U.N. resolutions calling on the North to cease its nuclear and ballistic-missile programs. The result was a toothless "presidential statement" from the Security Council. But with the test of another nuke on May 25 - this one over 20 times more powerful...

Author: /time Magazine | Title: Your Move, China | 6/15/2009 | See Source »

...never thought that Kim Jong Il was human and thus mortal.' OH YEON-JONG, a North Korean defector, after American and South Korean officials confirmed that the ailing dictator had chosen his youngest son, Kim Jong Un, to succeed...

Author: /time Magazine | Title: Verbatim | 6/15/2009 | See Source »

...real men behave by watching Clint Eastwood and Harrison Ford movies - Hollywood, not life, has been his teacher, and he's not such a quick study. Endless setbacks and critiques have not dented Ferrell man's lunatic belief in himself. He strides manfully forward, his eye on the horizon - thus never noticing the open manhole he's about to step into. (Watch a photo shoot with Will Ferrell...

Author: /time Magazine | Title: Land of the Lost: Delusions of Manhood | 6/15/2009 | See Source »

...Thus, as J.F.K. said, the torch has been passed to a new generation. But it's now more like a Bic lighter...

Author: /time Magazine | Title: Jay's Torch Passes to Conan, But He's Not Fading Away | 6/15/2009 | See Source »

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