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...German army's chief of staff, Wolfgang Schneiderhan. Paying compensation to victims' families is one way to draw a line under the affair as quickly as possible. An out-of-court settlement would avoid a long legal battle with relatives of the victims, and the amount of the payout will depend on the number of civilian casualties. A Defense Ministry spokesman says the government hopes for "a fast, unbureaucratic solution...

Author: /time Magazine | Title: Anger Mounts in Germany Over Its Afghan Air Strike | 12/10/2009 | See Source »

...family of an Afghan woman and two children who were shot dead by a German soldier at a checkpoint. But given the scale of September's air strike in Kunduz - widely considered the most deadly air raid involving German forces in Germany's post-war history - the payout to victims' relatives is bound to be much bigger. The Defense Ministry spokesman dismisses German media reports of a $4.5 million payout as "pure speculation." (See the top 10 news stories...

Author: /time Magazine | Title: Anger Mounts in Germany Over Its Afghan Air Strike | 12/10/2009 | See Source »

According to Bloomberg, the value of Tufts’ endowment fell by 25 percent this past fiscal year, from roughly $1.5 billion to $1.1 billion, after accounting for gifts and payout. Bacow suggested in the article that Tufts would avoid putting money in hedge funds, which he compared to “black boxes,” requiring investors to relinquish control of assets and put their trust in external managers...

Author: By Alex E. Traub, CONTRIBUTING WRITER | Title: Tufts President Calls For Less Risky Investments | 11/24/2009 | See Source »

...concept of philosophical beliefs is so wide that it will open a Pandora's box for employers and give individuals a foothold to obtain six- and seven-figure 'jackpot' payouts," Doran says. "It is only a matter of time before an employee with a marginal philosophical belief will get a million-pound payout after his exceptional views were not appreciated by management or colleagues...

Author: /time Magazine | Title: Environmentalism, the British Religion | 11/7/2009 | See Source »

...shameful," he said. Ten months later, even as he moved to curb bailed-out execs' pay, banks are on track to pay employees a record $140 billion this year. Andrew Hall, a star trader at Citi's commodities unit Phibro, made headlines for what could be a $100 million payout. "Frustrating," said White House chief of staff Rahm Emanuel with a sigh, appearing on CBS's Face the Nation...

Author: /time Magazine | Title: Brief History: Executive Pay | 11/2/2009 | See Source »

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