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Most important, and perhaps ironic, a downturn in the bonus economy could cause a wider ripple effect than traditional layoffs. "The pain is now spread through more people in the company," notes Steven Gross, a compensation expert with the firm William M. Mercer consulting. "The drop in bonus pay will have an effect on consumer spending. And it could be dramatic." Just how dramatic? Thanks to cutbacks in variable pay, personal income in the first quarter of next year could drop as much as $30 billion, according to a study by economist John Youngdahl of Goldman Sachs...

Author: /time Magazine | Title: Paying To Keep Your Job | 10/15/2001 | See Source »

...windowless first-floor conference room has been transformed into a fully operational command center. Color-coded floor plans and organizational charts of key personnel adorn the walls, and teams of sturdy men and women wearing fatigues swing in and out, ready to be deployed. Air Force Lieut. Colonel Steven Vieira oversees the operation, dispatching troops swiftly but carefully. His goal is "100% contact and saturation." The enemy is not human but ghostly, flickering here and there on the faces of the nearly 20,000 Pentagon employees who once thought their building was untouchable and now walk by the west wall...

Author: /time Magazine | Title: Even Soldiers Hurt | 10/15/2001 | See Source »

Still, few would argue with the feeling of Rabbi Steven Leder of Los Angeles' huge Wilshire Boulevard Temple that since the terror "the intensity of the [religious] experience has heightened." On Sept. 22, as Attorney General John Ashcroft warned that Boston might be attacked next, 15,000 Christians knelt on the asphalt of City Hall Plaza in a display of Christian repentance. Evangelist Franklin Graham thinks the mood will hold. "There is a conflict in front of us," he says. "And that is going to keep the focus on the spiritual...

Author: /time Magazine | Title: Faith After The Fall | 10/8/2001 | See Source »

...characters, but not when they are introduced and immediately abandoned. Furthermore, some scenes are completely unnecessary. Dahl did not view his film so much as a teen thriller than as part of the great tradition of “road movies,” including films likeEasy Rider and Steven Spielberg’s Duel (similarly about a crazy, road raging trucker). However, this movie’s plot does not allow that distinction to be made. It carries all the gimmicks of the recent horror films, which by now bring groans of boredom as opposed to thrills and chills...

Author: By Andrew D. Goulet, CRIMSON STAFF WRITER | Title: Joyride Runs on Fumes | 10/5/2001 | See Source »

...Model U. N. jock Steven B. O’Connell ’03, back in action after what he described as “a yearlong cease-fire unitlaterally imposed by the Special Commission on Gonorrea,” was shocked when his evening with allegedly lapsed Catholic Sherry B. Horner ’03 took an unexpectedly abstinent turn. “I was so pissed, man. I totally thought she was gonna hook up with me. You know, smoking and drinking and shit. But it turns out that she’s still Catholic below the waist...

Author: By FM Staff, CRIMSON STAFF WRITER | Title: Gossip Guy! | 10/4/2001 | See Source »

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