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...roared back to profitability this year, look poised to dole out billions of dollars in year-end bonuses for 2009. Alan Johnson, a top Wall Street compensation consultant, estimates that Wall Street Christmas pay will rise 35% from the figure a year ago. That means Wall Street bonuses could total as much as $19 billion...

Author: /time Magazine | Title: How Citi's Andrew Hall Made $100 Million Last Year | 10/19/2009 | See Source »

...rights may depend on who succeeds Abdullah. Several royal princes are in line for the throne, and some of them, like the King's powerful half brother, Prince Nayef, are known for their conservative views. But as Saudi leaders try to wean the country's economy off its almost total dependence on oil, and develop new industries, they are bound to find that it makes little sense to keep half the country's human capital cooped up at home. Nor will the newly emerging class of Saudi professional women willingly go back to the way things once were...

Author: /time Magazine | Title: New Rights, and Challenges, for Saudi Women | 10/19/2009 | See Source »

Nearly 13 million babies worldwide are born prematurely each year--10% of total births--and a million die as a result, according to a March of Dimes report. Using World Health Organization data, the group found that 85% of premature births occur in Africa and Asia. The U.S. preterm rate, meanwhile, has jumped 36% in the past 25 years...

Author: /time Magazine | Title: The World | 10/19/2009 | See Source »

Save more. It's never easy. But it's not as difficult as you may think, and cheaping out is cool today. "It's time to become an obsessive saver," says Dave Ramsey, author of The Total Money Makeover. Start looking at what you spend on cars, travel, cable and phone services. You may be able to save hundreds of dollars a month right there. Refinance the mortgage while rates are still low. Use any new savings to pay down your highest-rate credit cards first. An alternative approach is to target your smallest debts first in order to experience...

Author: /time Magazine | Title: Don't Give Up Yet | 10/19/2009 | See Source »

...Afghanistan to support the IEC and other Afghan institutions in the conduct of "free, fair and transparent" elections. On two occasions, I started to take action that could have reduced the risk of fraud. In July, I learned that there were 1,500 polling centers (out of a total of 7,000) sited in places either controlled by the Taliban or so insecure that no one from the IEC, the Afghan army or the Afghan police had ever visited. It was obvious that these polling centers would never open on election day. They were also perfect vehicles for fraud. Since...

Author: /time Magazine | Title: How the Afghan Election Was Rigged | 10/19/2009 | See Source »

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