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...effort to repay the government will remove some of the stigma surrounding the firm that has evolved since the start of the financial crisis. Treasury officials say Citi will no longer be considered one of the companies that have received "exceptional assistance" from the government. That means pay czar Kenneth Feinberg will no long have a say over salaries at the company. What's more, the company will save $1.6 billion in annual preferred-stock dividend payments it would have owed the government on its TARP loan...

Author: /time Magazine | Title: Citi's TARP Repayment: The Downside for a Troubled Bank | 12/15/2009 | See Source »

...then, steampunk has been bubbling under: in role-playing games and anime, video games like Myst and Thief and comic books like Alan Moore's League of Extraordinary Gentlemen. Look at the dirigibles and clockwork mechanisms in Philip Pullman's alt-Victorian The Golden Compass. Recall the steam-driven, Kenneth Branagh--piloted arachnid colossus in Will Smith's Wild Wild West...

Author: /time Magazine | Title: Steampunk: Reclaiming Tech for the Masses | 12/14/2009 | See Source »

...Obama and Geithner have a long list of penalties they can impose if the banks don't do a better job of lending to small businesses or modifying home loans. And Obama's pay czar, Kenneth Feinberg, could target the bank's bonuses with what the senior bank executive calls a "crazy" pay restriction like the one Britain passed last week. But the banks are expert at staying just on the right side of the Administration's guidelines for lending, and they have many friends on the Hill who can help defuse a movement to punish the banks. Which...

Author: /time Magazine | Title: Obama vs. the Banks: The Pressure Intensifies | 12/13/2009 | See Source »

...Pilot Projects The legislation in Congress is chock-full of pilot projects designed to test out ideas for lowering costs. But critics contend that such projects work to preserve the status quo. "We don't need pilots. We have enough information," says Kenneth Thorpe, chairman of the health policy department at Emory University. "Let's go ahead and get on with this...

Author: /time Magazine | Title: Health Care Reform: What Happened to Cost Controls? | 12/4/2009 | See Source »

...There's some kind of calculus here," says Kenneth Shropshire, a professor of sports management at the Wharton School of Business. "You have to factor in the degree of the wrong, how quickly the apology was made and how many people were hurt." Against that, you have Woods' freakish ability. "If he's going out and playing at a high level, that has proved itself to be the best way to move beyond these incidents...

Author: /time Magazine | Title: How Tiger Woods Can Survive the Scandal | 12/3/2009 | See Source »

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