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...special master" appointed by the Treasury Secretary - figuring out how to compensate employees of corporations bailed out by taxpayers since last fall. The House and Senate are crafting legislation that includes "say on pay" shareholder votes on executive-comp packages and (in the House version) calls for regulators to vet incentive pay at financial firms on an ongoing basis. The Securities and Exchange Commission is for the first time attempting to claw back pay from an executive not because he did something wrong but because his company's earnings were improperly inflated by other execs...

Author: /time Magazine | Title: Should Executive Pay Be Regulated? | 8/10/2009 | See Source »

...inside its secretive clubhouses tends to stays there - just as the bikers want it. The Hells Angels Motorcycle Cub began in Fontana, Calif., in 1948, at a time when military surplus made motorcycles affordable and the placid postwar years left many veterans bored and itching for adventure. A vet named Otto Friedli is credited with starting the club after breaking from one of the earliest postwar motorcycle clubs, the Pissed Off Bastards, in the wake of a bitter feud with a rival gang. "Hell's Angels" was a popular moniker for bomber squadrons in World Wars...

Author: /time Magazine | Title: The Hells Angels | 8/3/2009 | See Source »

With the death of their boss, the two survivors--Sergeant J.T. "Bomber Mike" Sanborn (Anthony Mackie) and Specialist Owen Eldridge (Brian Geraghty)--get a new boss, Staff Sergeant William James (Jeremy Renner), an Afghanistan vet who lacks his predecessor's leadership skills and bluff camaraderie. James doesn't say much and just does his own thing, which is to keep little pieces of Baghdad from blowing...

Author: /time Magazine | Title: The Hurt Locker: Iraq, With Thrills | 7/6/2009 | See Source »

...Colin Firth plays John's father Jim, a sardonic, kindly and unkempt World War I vet who dallied with French whores at war's end before being fetched home. John's daffy older sister Marion (Katherine Parkinson, whose voice is as treacherously sweet as cotton candy) is halfway to becoming a Miss Havisham. The youngest Whittaker is Hilda (Kimberley Nixon), who is both jealous of Larita and bewitched by her and is, in her troublemaking, a clear precursor to Briony of Ian McEwan's Atonement, written nearly 75 years after Coward's play...

Author: /time Magazine | Title: Easy Virtue: Jessica Biel Shakes Up the Brits | 5/21/2009 | See Source »

...Military experts anticipate that U.S. policy in Afghanistan will become more militarily pointed as well as politically deft once McChrystal and Rodriguez, his 1976 West Point classmate and fellow Afghanistan vet, are confirmed by the Senate. "McKiernan did his best - he was just the wrong guy," says retired Army officer and military analyst Ralph Peters. "McChrystal will ask for more authority, not more troops." By the end of this year, the U.S. expects to have close to 70,000 troops in Afghanistan, including 21,000 ordered there by President Barack Obama. While that's just half the 130,000 troops...

Author: /time Magazine | Title: Why the Pentagon Axed Its Afghanistan Warlord | 5/12/2009 | See Source »

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