iOS app Android app

Entries by Rep. Elijah Cummings from 11/2008

Citigroup's Spending Indefensible and Unacceptable

| Posted 11.24.2008 | Business

If the company has the funds to paste its name on the new Mets stadium, it has the money to maintain its operations and keep the 52,000 jobs it announced last week it would be eliminating.

Someone Finally Gets It

| Posted 11.25.2008 | Business

GM's decision to end its endorsement deal with Tiger Woods is demonstrative of the type of action that every company seeking federal assistance needs to take.

A Bonus by Any Other Name Still Stinks

| Posted 11.27.2008 | Politics

I learned -- one day after being told that top AIG executives would be forgoing bonuses this year -- that the company's executives will be receiving 'cash awards' as 'retention payments.' AIG can dress this money up in fancy names, but no one is fooled.