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Obama aides upbraid Wall St. over bonuses

Source: Washington Post
Washington : DC : USA | about 1 month ago  
Views: 12
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Top Obama administration officials sharply criticized Wall Street firms planning to pay big bonuses, pointedly contrasting the soaring profits some financial companies have recorded in recent days with continuing high jobless rates across the country. The firms are benefiting from government...
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  • News Source: CNN | about 1 month ago
    Wall Street needs to focus more on helping Main Street than self-enrichment, two of President Obama's top advisers said. Chief of Staff Rahm Emanuel and Senior Adviser David Axelrod said Wall Street institutions that received taxpayer-funded bailouts...
  • News Source: Washington Post | about 1 month ago
    Top Obama administration officials sharply criticized Wall Street firms planning to pay big bonuses, pointedly contrasting the soaring profits some financial companies have recorded in recent days with continuing high jobless rates across the country.
  • News Source: The New York Times | about 1 month ago
    Striking a populist tone, several of President Obama ’s leading advisers on Sunday issued stern warnings to Wall Street. They said big banks must not resist greater government oversight now that they have regained their financial footing through...
  • News Source: Reuters | about 1 month ago
    A key Democrat voiced confidence Sunday that Senate leaders will include a government-run health insurance plan in the healthcare bill they bring to the full U.S. Senate for a vote -- and suggested it might even pass. Senator Chris Dodd acknowledged...
  • News Source: Xtra News | about 1 month ago
    In the wake of landmark profits posted by the US banking industry last week, Washington will seek to strike a delicate balance toward massive bonuses expected to be paid out by Wall Street, experts said. If President Barack Obama's administration...
  • News Source: Reuters | about 1 month ago
    White House aides pushed Obama's proposals for a broad rewriting of financial regulations aimed at preventing a repeat of Wall Street's worst crisis since the Great Depression. The Obama administration has become increasingly vocal about what it...
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  • Blog Source: livetrade.com
    On a number of issues, I think Obama has absolutely made us more secure as a country; most of all, … Obama aides question Wall St. firms lobbying against reforms CNN Political Ticker Washington wary of opposing Wall Street bonuses: ...
  • Blog Source: www.truthdig.com
    2009/10/18 - The Obama administration, perhaps getting wise to public opinion, is lashing out at Wall Street firms. White House senior adviser David Axelrod called the huge bonuses executives received this year “offensive” in light ... Steven
  • Blog Source: washingtonindependent.com
    As a House committee begins tackling major financial regulatory reform, consumer advocates find themselves shaking their heads over why something that should have been a slam dunk — reining in the financial industry in the wake of the subprime
  • Blog Source: www.huffingtonpost.com
    In an interview with CNN's John King Sunday, White House Chief of Staff Rahm Emanuel said Americans have a right to be upset about recent events on Wall Street. Asked about bonuses at bailed-out Ci. .... Way to go Washington. Billions for the too
  • Blog Source: www.huffingtonpost.com
    How fitting that the scandalous relationship between Goldman Sachs and the Obama administration (thank you Glenn Greenwald) and Goldman Sachs' "no value added to the American people's way of life" methods of earning the bulk of its profits (thanks
  • Blog Source: sharoncobb0.blogspot.com
    Behind the scenes of the health care debate in Washington: What will it take to form a coalition large enough to pass legislation? And what provisions will likely be included in the final bill? Plus, outrage over Wall Street bonuses. Should the
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