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...again award outsize pay packages to its top executives. In 2008, despite steep losses at the bank, Citi reportedly paid energy trader Andy Hall $100 million. Indeed, a number of top Citi officials already seem to be cashing in on the bank's loosened pay restrictions. Earlier in the week, Citi, which lost $1.6 billion in 2009, disclosed that it had paid John Havens, widely seen as the bank's No. 2 executive, nearly $10 million in compensation for his work last year. That topped even the salary of Goldman Sachs chief executive Lloyd Blankfein, who was paid $9.6 million...

Author: /time Magazine | Title: Citi and the Government: Still a Close Relationship | 3/4/2010 | See Source »

...spots" - the microwave equivalent of rogue waves - appeared up to 100 times more often than standard wave theory would predict. Those results indicate that rogue waves might be a lot more common than scientists had believed and could explain why so many large ships - as many as two a week - sink even in the absence of bad weather. One day we might even be able to predict when these earthquakes of the sea occur - sparing future cruisegoers the trauma suffered by those on the Louis Majesty...

Author: /time Magazine | Title: Cruise-Ship Disaster: How Do 'Rogue Waves' Work? | 3/4/2010 | See Source »

...grounds to promote her latest work with director Tze Chun, Sundance selection “Children of Invention.” The film, which tells the story of two Chinese-American children after their single mother disappears, premiered in Cambridge this past weekend, and screenings are scheduled for next week in New York and Los Angeles. A former East Asian Studies concentrator and Dunster resident, Louie graduated Phi Beta Kappa and went on to work in business and management, first in the media industry and now in film. She sat down to chat with FM about the highs, the lows...

Author: By Stephanie M. Woo, CRIMSON STAFF WRITER | Title: 15 Questions with Mynette A. Louie ’97 | 3/4/2010 | See Source »

Ross—who became acquainted with FOP after attending a six-day pre-orientation camping trip as a freshman, then participated as an undergraduate FOP leader for three years—has resigned from her position to lead one to three week youth empowerment courses through the North Carolina Outward Bound Program...

Author: By Monica M. Dodge, CONTRIBUTING WRITER | Title: Veteran FOP Head Resigns From Post | 3/4/2010 | See Source »

...We’re coming into the first round of the playoffs with a great week of practice,” Del Mauro said. “We played hard last week, and if we really battle this weekend, I definitely think we can pull out two wins a row against Princeton...

Author: By Aparajita Tripathi, CONTRIBUTING WRITER | Title: Playoffs Offer Squad Chance to Start Anew | 3/4/2010 | See Source »

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