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...next month or so, financial firms will decide what they will pay their employees in year-end pay. Bonuses at Goldman Sachs, for instance, are on track to average over $650,000 per employee. Many people will get paid much more. Johnson says if Hall had stayed at Citigroup he might have been the only person at a top bank to receive a $100 million payday this year. But plenty of other folks will come close. He estimates that about 100 investment bankers and traders will receive a bonus of $10 million or more...

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

...That won't happen anytime soon. It would send "the wrong signal," warned Campbell. His boss agrees. "Sanctions remain important as part of our policy," said Hillary Clinton, describing them and engagement as "tools" to achieve the same goal: democracy in Burma. Considering Than Shwe's nonexistent track record on reform, U.S. officials are right to downplay the impact of engagement. Barring any real concessions from the hard man himself - starting with the release of Suu Kyi and other political prisoners prevented from running in next year's polls - democracy remains a distant prospect. "Everyone is calling for reform...

Author: /time Magazine | Title: Getting to Know Burma's Ruling General | 10/19/2009 | See Source »

...less than a third of your portfolio, you fared reasonably well. Your 401(k) may not be all it was cracked up to be, but with tax-deferred growth and a company match, it's still one of the best tools you have to get your retirement back on track. Handled with care (diverse, conservative investments) and given time to replenish (five to 10 years), it can grow large enough to be converted into a meaningful lifetime income stream at retirement. Here's a five-step revival plan...

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

...late as mid-summer, it appeared that Democrats and the bishops were on track to work out an understanding. In late July, Cardinal Justin Rigali of Philadelphia, who at the time was heading the USCCB's pro-life committee, sent a letter to members of the House Energy and Commerce Committee that appeared to signal that there was room to accommodate Catholic concerns. The USCCB, Rigali wrote, wanted health reform to continue the policy of preventing "direct federal funding of abortion." The language was important because it seemed to match an amendment drafted by Representative Lois Capps, a Democrat...

Author: /time Magazine | Title: Will the Church Try to Block Health Reform? | 10/18/2009 | See Source »

...response to something happening with Quinn’s baby. We think it’s a bit much given the situation. Also, Avril? Really? Luckily, while the mangled syllables are still there, the arrangement is a big improvement. Dubbing an Avril echo onto an Avril voice track doesn’t do much for us, but having the chorus of guys echo the girls wrests emotions from the song that were absent in the original. The choreography melds all the cliques well, but that last bit of hand-holding… what did that even mean...

Author: By Luis Urbina | Title: Recap: "Throwdown" | 10/16/2009 | See Source »

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