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...unusual trait for a guy who has to deliver the type of news that most of us would prefer to dispense from across the room or, better yet, by e-mail from a do-not-reply address. On Oct. 22, he told 136 top executives of seven bailed-out firms that effective immediately, he was cutting their total compensation 50% from what they received a year ago. Feinberg's previous public position was the administrator of the September 11th Victim Compensation Fund. In that job, he had to put a price tag on the dead. (See pictures of the stock...
...seems like a quaint throwback. In August, a VH1 dating-show contestant was charged with the murder of his ex-wife, then committed suicide. And on Oct. 15, America spent an afternoon being literally distracted by a shiny object, watching news choppers chase a silver balloon that we were told carried a presumably terrified 6-year-old boy. When we learned during the coverage that Falcon Heene's family had twice appeared on ABC's Wife Swap, who didn't have the same thought? That if Falcon's parents would open their family life for a reality show, then they...
...rough baseline from a conversation at the height of last fall's financial panic with Barry Eichengreen, an economist at the University of California, Berkeley, who is an expert on the Great Depression. "I doubt that we'll be able to avoid double-digit unemployment," he told me. "But I'm still confident we can avoid 24% unemployment like...
When I reported my failure to Lauren Weber, author of In Cheap We Trust, she told me my whole plan was faulty. "Stay away from Ikea, stay away from the mall, stay away from Costco," she said. "How often do you walk in and walk out with 50 pounds of M&Ms?" She said some other useful stuff after that, but I was already out the door to go to Costco to buy a 50-pound bag of M&Ms. (See 10 things to buy during the recession...
...their faces, and "oogui" (or competitive eating) is so popular that TV Tokyo, a major network, has a seasonal special program to determine the "King of Gluttons." This September, "food fighter" Ayari Sato won against seven competitors through three rounds of gorging. To spice it up, they weren't told what they would be eating until the round began. And tarento Gyaru Sone, or Natsuko "Gal" Sone, is a petite competitive eater and singer who appears regularly on shows, on which she might down enormous quantities of Japanese curry and rice or 40,000 calories by eating at several restaurants...