Thursday, February 4, 2010
Senator Chris Dodd, the chairman of the Senate Banking Committee, scolded Wall Street representatives at a hearing Thursday for sending “an army of lobbyists whose only mission is to kill the common-sense financial reforms” needed by the public. “The fact is,” Dodd said, “I am frustrated, and so are the American people.” He charged that [...]
Filed in News Blurbs
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Also tagged AIG, Bailouts, Banking, Bonuses, Christopher Dodd, Congress, Corporatism, Executive Compensation, Financial Sector, Great Recession, Lobbyists, Reform, Senate
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Goldman Sachs, the world’s richest investment bank, could be about to pay its chief executive a bumper bonus of up to $100 million in defiance of moves by President Obama to take action against such payouts.
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The singer Billy Bragg has reiterated calls for bonuses at RBS to be capped as he prepared to withhold his [...]
Wednesday, November 25, 2009
The nation’s bankers have much to be thankful for as they sit down to their turkey dinners on Thursday.
At this time last year, the American financial system was near collapse, rescued only by hundreds of billions of taxpayer dollars. Now the system has stabilized, and the industry is on the verge of a coup that [...]
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Also tagged AFSA, Alan Grayson, Bailouts, Bank of America, Banking, Barney Frank, Bill Hempler, Bob Corker, CFPA, Chris Stinebert, Christopher Dodd, Citigroup, Congressional Black Caucus, Consumer Protection, Evan Bayh, Financial Sector, JP Morgan Chase, Lobbyists, Michael Bennet, Reform, Regulation, Richard Shelby, Ron Paul, TARP, Tim Johnson, Wells Fargo
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Saturday, November 7, 2009
As Fox kept insisting, all eyes were glued on Doug Hoffman, the insurgent tea party candidate in New York’s 23rd Congressional District. A “tidal wave” was on its way, said Sean Hannity, and the right would soon “take back the Republican Party.” The race was not “even close,” Bill O’Reilly suggested to the pollster Scott [...]
Filed in News Blurbs
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Also tagged Bill O'Reilly, Bill Owens, Democrats, Doug Hoffman, Economy, Elections, Fox News, Glenn Beck, GOP, Karl Rove, Michael Bloomberg, New York, Op-Eds, Republicans, Rush Limbaugh, Sarah Palin, Sean Hannity, Tea Party, Timothy Geithner, Wall Street
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Wednesday, October 21, 2009
A Goldman Sachs International adviser defended compensation in the finance industry as his company plans a near-record year for pay, saying the spending will help boost the economy.
“We have to tolerate the inequality as a way to achieve greater prosperity and opportunity for all,” Brian Griffiths, who was a special adviser to former British Prime [...]
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