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...Obama will also criticize the banks for trying to derail financial-regulation reform, which passed the House last week but faces multiple battles after Christmas in the Senate. And he'll scold them for continuing to distribute high bonuses, especially when they reward excessive risk-taking. The senior bank executive at one of the banks meeting with the President Monday describes the process as a "public spanking" and says other than the public humiliation the Administration has little leverage. (See the top 10 crooked CEOs...

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

...glee, and i had to rock out to it," posts MrJBVanilla, whose YouTube performance of Heart's "Alone" includes a lot of TV-worthy diva hand-flicks and head-flips. Fox - surprise - has encouraged the online tributes by touting Glee sheet music and sponsoring contests that reward the best amateur MySpace karaoke singers with prizes like a lesson from the Glee vocal coach...

Author: /time Magazine | Title: The Glee Factor: A Rise in Amateur Singing Groups | 12/9/2009 | See Source »

Nothing—if one believes that such differentials are necessary for our economic system to thrive. But do many believe that differentials need be this grotesquely large to incentivize and reward people adequately, if not richly? No; they are that large today simply because they can be that large, not because of some virtuous working of the market. This is not Adam Smith’s capitalism. Just as he decried the inevitable greed and corruption of monopoly, he would surely rail against today’s self-serving and closed systems of compensation review...

Author: By Elliot F. Gerson | Title: Stolen by the Street | 12/2/2009 | See Source »

...Agencies are taking on a lot more risk than they are used to by launching their own branded products. Results so far have been reasonably positive, according to the agencies. Dignan of Erasmus says Relentless is Coke's most successful new brand in a decade. The potential reward is worth the risk, says Barnett. If the agency's Fat Pig organic-candy line flops, he says, "the worst thing that could happen is there would be a lot of chocolate for us to eat." That's sugarcoating the prospect of a brand going bust, though. If a lot of agency...

Author: /time Magazine | Title: Having It Both Ways in Advertising | 11/30/2009 | See Source »

There's even a push in Congress to let employers further link lifestyles to insurance premiums. Right now companies that run their own insurance programs can reward employees with bonuses or premium reductions of up to 20% if they meet certain health guidelines. John Ensign, Republican Senator from Nevada, and Tom Carper, Democratic Senator from Delaware, co-sponsored an amendment to the current health care bill that would raise the limit to as high as 50%. The Senate Finance Committee gave it a thumbs-up in September...

Author: /time Magazine | Title: Fat Fees and Smoker Surcharges: Tough-Love Health Incentives | 11/30/2009 | See Source »

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