Your Search Returned 12 tagged news reports
"Let me tell you about the very rich. They are different from you and me." -- F. Scott Fitzgerald, 1926 Back in 1985, the average working person in the United States made more money in a year than the average Wall Street financial worker received in...
Tags: salary inequity, financial sector, bonuses
Speaking to the World: American and French commitments on Global Challenges On a day that celebrates immortal Ray Charles’ birthday, President Obama makes his first address to the United Nations General Assembly at the Climate Change Summit held...
Tags: Barack Obama, United Nations, Climate Change, Ray Charles, Sarkozy, France, New York, America, Bonuses, Regulation, French, American
Lately, I find myself stewing over the multi-million dollar bonuses that are being thrown around like candy to selfish, thoughtless, insensitive fools who know how to hustle people just right. I've been studying, and researching, and analyzing,...
Tags: economic warfare, sources, ideas, solutions, bonuses, products, answers
By MICHAEL WEBSTER: Syndicated Investigative Reporter. AP – Senate Banking Committee Chairman Sen. Christopher Dodd, D-Conn. listens to witness testimony on Capitol Hill WASHINGTON — Senate Banking committee...
Tags: Sen: Dodd, Government reform, Oversight, Christopher Dodd, Treasury secretary Timothy Geithner, Bailouts, Banking Bailouts, bonuses, AIG, Dodd Amendment, Stimulus package, campaign donations
Some of the most powerful executives in the nations largest banks today promised President Obama and his administration that they were 100% on board to helping jump start this poor economy. This is great news considering all of the controversy that...
Tags: Wells fargo, AIG, Obama, banks, economy, government, debt, finance, Barack Obama, White House, bailout, bonuses
These guys should have to go through the normal bankruptcy process like any other failing business. The way AIG conducted their operations is an outrage, as explained in Matt Taibbi's RS article The Big Takeover. " Phil McCracken wrote on Mar 23, 2009...
Tags: bonuses, government, aig bonuses, bankruptcy, allnews, money, AIG
The legislative Banking Committee on Monday was negotiating with Wilton-based AIG over ground rules for a Thursday hearing on the company's controversial $218-million bonus program that used taxpayer money. But Sen. Bob Duff, D-Norwalk, said he expects...
Tags: aig bonuses, bonuses, money, banks, AIG
Many struggling Americans are upset about the tens of millions of dollars in bonuses awarded to executives at insurance giant AIG. Today, a busload of activists representing working- and middle-class families protested outside the homes of company executives...
Tags: bonuses, aig bonuses, president, obama, AIG
I see that Atlantic 's Marc Ambinder also has a pretty good idea for dealing with the bonus babies: Make them sue for the money. Ambinder writes: Financial products brought the firm down; why hasn't AIG informed the people in that unit that if they want...
Today, the House of Representatives passed a bill that would impose a 90 percent income tax on the ridiculous 165 million dollars in bonuses distributed to AIG employees. This appears to be one of many future attempts to make AIG executives and...
Tags: politics, government, Obama, banks, AIG, money, house of representatives, congress, allnews, bonuses