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...Feinberg's big changes are in the form of payment, particularly on Wall Street. Gone are year-end payouts and AIG-style guaranteed retention awards. Instead, he devised a method of compensating executives: something he calls salary stock. Each pay period, the executives at Bank of America, GM and the other firms will get awards of stock along with their regular paychecks. The checks can be cashed immediately, but the executives may not sell the stock for up to four years. Also, bonuses are paid in restricted stock, which must be held for at least three years...
Chicago, of course, has been a major force in American theater for some years. The Steppenwolf Theatre burst on the national scene in the 1980s, introducing plays by Mamet, Sam Shepard and others, popularizing a high-voltage performance style and spawning stars like John Malkovich and Gary Sinise. The city's biggest resident theater, the Goodman, has produced everything from major revivals of Eugene O'Neill and Arthur Miller to last year's Pulitzer Prize winner, Ruined by Lynn Nottage, while a growing roster of smaller off-Loop theaters have nurtured experimental works like 2007's critically acclaimed musical version...
...instruments to create music that was both captivating and unfamiliar. With irregular rhythms, a Japanese flute, and a hand drum, the ensemble seemed to conjure fantastic foreign landscapes.Christopher D. Chang ’12, a violist who performed in the concert, says that the ensemble’s style of playing was a refreshing change from the often sterile performance of Western works. “We learned by interacting and playing with each other rather than analyzing the music to death,” he says. “It was less about the quality of the sound than...
...ramshackle radio station nestled in former guerrilla territory, a Colombian soldier-DJ dedicates a country-and-western-style ballad to all the rebels out there having second thoughts about la revolución. In the song, a former guerrilla touts the benefits of disarming. "My life has changed," he declares. "Now I've got a girlfriend. I'm with my family. I give thanks...
...army raid that killed FARC spokesman and No. 3 leader Raúl Reyes was based on information provided by a rebel turncoat. A few days later, the bodyguard of Iván Ríos, a member of the FARC's ruling secretariat, pulled off a mafia-style hit job. He executed his boss with a shot to the forehead, cut off his right hand as proof, then turned himself in to the army to collect a $2 million reward...