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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...
...Justice League: Hollywood Thank you for Amy Sullivan's candid assessment of the Roman Polanski crime [Oct. 12]. It is ironic that Hollywood is exuberant about throwing a demonstrably contrite Mel Gibson under the bus yet is eager to rally around an unrepentant Polanski. Somehow the moral compass in Hollywood is dramatically askew and rigged against those who don't genuflect properly. It has been striking to watch the Hollywood élite tripping over themselves to muster support and condone Polanski's transgressions. Stewart Quealy, TEMECULA, CALIF...
...mirage for foreign companies. The country's policymakers are nurturing a domestic alternative-energy industry on a massive scale. China is home to more than 100 wind-turbine manufacturers and some 400 solar-panel companies. The country has quickly grown into the world's largest maker of photovoltaic cells. Yet more than 95% of PV cells produced by China in 2008 were exported, indicating the country's output far exceeds domestic demand. Not surprisingly, foreign companies think they are being blocked from the mainland market. The European Union Chamber of Commerce in China has complained China has erected alternative-energy...
...high school dropout, has built a franchise by tweaking his elders, once stating, "No matter how rude and immature they are, how unskillfully they write, the future literary world belongs to the post-'80s generation. They must be more arrogant. A writer must be arrogant." Yet despite his youthful bravado, Han, who has published 14 books and anthologies, generally stays away from sensitive issues such as democracy and human rights. His calculated rebelliousness, says Lydia Liu, a professor of Chinese and Comparative Literature at Columbia University, exemplifies the unspoken compact his generation has forged with the ruling Communist Party: Leave...
...influence, reach and power is waning, but on the other hand, we read President Obama's compelling speeches on the Internet, follow the Nasdaq index, and accept the U.S. dollar as a base currency. America might have lost its direction in recent years, but I believe the best is yet to come under Obama's leadership. Sirinthra Malhotra, Bangkok, Thailand...