Bailed-out firms must slash pay for top executives
WASHINGTON The Treasury Department is expected today to order seven companies that have not paid back last year s government bailouts to halve their top executives average compensation. The cuts apply to the 25 highest-paid executives at banks and...
 6.4K - Oct. 22, 2009; scored 149.0 Financial overhaul push begins
WASHINGTON (AP) Small neighborhood banks and the U.S. Chamber of Commerce are overshadowing the nation s biggest banks in influencing lawmakers as Congress begins the initial phase of its long-awaited overhaul of how the government regulates financ...
1.4K - Oct. 14, 2009; scored 57.0 Treasury not prepared for AIG bonuses
WASHINGTON (AP) The fierce debate over bonuses for bailed-out executives was revived on Capitol Hill today as a government watchdog explained how some executives nearly brought down the financial system then pocketed millions. Neil Barofsky, the ...
4.0K - Oct. 14, 2009; scored 914.0 The right keeps getting it wrong
It simply amazes me how wrong the Right is about nearly everything going on in America. For example, those ridiculous Tea Parties what I find really hilarious is people on Social Security motoring to Washington, D.C., on the Interstate Highway Sy...
1.7K - Sep. 26, 2009; scored 57.0 AEG president: Jackson movie should clear company s name
LOS ANGELES (AP) As dozens of buoyant Michael Jackson fans queued up in the Nokia Plaza to be among the first to see their idol s last performance, others watching the scene expressed mixed emotions. Tim Leiweke, president of AEG, which bankrolled ...
1.8K - Sep. 25, 2009; scored 57.0 Health debate obscures truth
Getting there early to assure myself a seat at the Obamacare town hall meeting in North Bend on Aug. 14, allowed me to be close to the action. I have much respect for Congressman Peter DeFazio, who has done many good things for his district and the s...
2.5K - Aug. 27, 2009; scored 57.0 Bernanke offers upbeat assessment
JACKSON, Wyo. Federal Reserve Chairman Ben Bernanke declared today that the U.S. economy is on the verge of a long-awaited recovery after enduring a brutal recession and the worst financial crisis since the Great Depression. Economic activity in b...
5.6K - Aug. 21, 2009; scored 115.0 Bernanke to defend Fed's actions to Senate
WASHINGTON (AP) Federal Reserve Chairman Ben Bernanke heads back to Capitol Hill today, where he's likely to face more tough questions about the central bank's extraordinary actions to rescue the economy and its ability to take on even more respons...
1.0K - Jul. 22, 2009; scored 57.0 AIG seeks OK on employee bonuses
NEW YORK American International Group Inc. is consulting with the federal government about its plans to pay millions of dollars in retention incentives and bonuses, a person familiar with the situation said. AIG is working with the Obama administra...
3.3K - Jul. 10, 2009; scored 567.0 Confused in the middle
I always love it when politicians start talking about the American people believing this or that, as if we all do and they know it. Years ago, we nicknamed my friend Francie's mother The Nation because she was so fond of speaking for it. Truth is...
2.9K - Jul. 1, 2009; scored 57.0 Refreshing spin on cable TV
Few of us had heard of Glenn Beck a few years ago. Now the conservative talk-jock is everywhere. His radio show reaches eight million people. He s performing live before sold-out crowds on a comedy tour. He s had No. 1 bestsellers in both fiction and...
3.1K - Jun. 23, 2009; scored 57.0 New agency emerges in financial fix
WASHINGTON - A new consumer protection agency highlights a financial system overhaul President Barack Obama plans to unveil today in effort to avert future economic crises like the one still wreaking havoc at home and around the globe. Obama's sweepi...
6.2K - Jun. 17, 2009; scored 57.0 Obama seeks to expand Fed's regulatory reach
WASHINGTON - The Obama administration's plan to revamp regulation and prevent any more crashes like those that felled AIG and Lehman Brothers includes a bold new idea: Empower the Federal Reserve to oversee the biggest financial players whose failur...
6.2K - Jun. 16, 2009; scored 57.0 Obama details plans to help General Motors
WASHINGTON - President Barack Obama pushed General Motors Corp. into bankruptcy today and said it was part of a viable achievable plan that will give this iconic company a chance to rise again. Obama said he hoped the firm would emerge quickly from ...
2.6K - Jun. 1, 2009; scored 57.0 Treasury wants authority over derivatives market
WASHINGTON (AP) - The Obama administration is asking Congress to extend its oversight of the financial system to include the shadowy market of derivatives, the kind of complex financial instruments that helped bring down the giant insurer AIG. In a t...
1.5K - May. 14, 2009; scored 57.0 Can Senate stop this pay bill?
It didn t get much coverage, given all the attention paid to Barack Obama s excellent European adventure, but last week the House of Representatives debated and passed one of the most radical pieces of legislation to come out of the financial crisis....
2.7K - Apr. 16, 2009; scored 383.0 Should We Kill the Fed?
For the financial crisis that has wiped out trillions in wealth, many have felt the lash of public outrage. Fannie and Freddie. The idiot-bankers. The AIG bonus babies. The Bush Republicans and Barney Frank Democrats who bullied banks into making mor...
5.2K - Apr. 9, 2009; scored 57.0 Obama, work on second campaign
Many of the most important issues President Obama is dealing with now were not widely discussed during last year's campaign. The exploding budget deficit, the collapsing auto industry and the rising demand for more troops in Afghanistan have each tak...
3.7K - Apr. 8, 2009; scored 57.0 Who's the real AIG bailout villain?
If everything you knew about President Barack Obama s role in the AIG bonus fiasco was his recent 60 Minutes appearance, you d feel reassured. Obama gave a masterful performance, all calm confidence and disarming smile. Was he surprised by public o...
3.0K - Apr. 3, 2009; scored 440.0 Unwanted invasions
Nothing gets people s attention faster than picketing them at home which is not necessarily a reason to do it. Last week, at the height of the furor over the AIG bonuses, activists managed to locate the homes of a number of those who momentarily re...
3.0K - Mar. 31, 2009; scored 415.0 | 
