Clawback

Incentive Pay for Congress Would Fix the Economy: A Modest Proposal

Paul Abrams | Posted 05.25.2011

Paul Abrams

Members of Congress currently receive 174,000 smackeroos per year in base salary. What we should do is cut that salary to $100,000 per year, but provide incentives if Congress is able to successfully lower the unemployment rate.

Diebold-SEC Fraud Settlement Reached: Former Voting Machine Maker To Pay $25 Million

AP | MARCY GORDON | Posted 05.25.2011

WASHINGTON — The Securities and Exchange Commission is pursuing fraud charges against three former executives of ATM maker Diebold Inc. after re...

Let's Name the Bankers and Make Them Famous

Cenk Uygur | Posted 05.25.2011

Cenk Uygur

John McCain said during the campaign that he would stop wasteful spending in government by naming names and making people famous. Well, that's a pretty good idea. Let's do it for the bankers to get out money back.

A Dangerous Pattern: Rewarding Failure

Ron Ashkenas | Posted 05.25.2011

Ron Ashkenas

Cross-posted from Harvard Business Online Over the past few months there has been growing anger and frustration about outsized Wall Street bonuses aw...

Goldman Sachs CEO Calls For Pay Rules, Endorses "Clawbacks"

AP | DANIEL WAGNER | Posted 05.25.2011

WASHINGTON — After years spent raking in millions as a top executive of Goldman Sachs Group Inc., Lloyd Blankfein said Wednesday that outsized b...

Charities Face Greater Threat From Ponzi Schemes Than Lost Investments

David Donell | Posted 05.25.2011

David Donell

With courts unwilling to interpret the law as affording some defense for charities, there have been efforts to persuade legislators to amend existing laws to provide such a defense. But little has come of these efforts.

Madoff "Clawback": Trustee Seeks $150 Million

Reuters | Martha Graybow | Posted 05.25.2011

NEW YORK (Reuters) -- The trustee liquidating Bernard Madoff's brokerage filed a lawsuit on Thursday seeking the return of $150 million that the firm ...

Jason Linkins

Scritti Politti: March 24, 2009

HuffingtonPost.com | Jason Linkins | Posted 05.25.2011

This item from DCist merits some attention: A television crew will create a special effects explosion on the Potomac River, near the Key Bridge, on W...

Beyond Clawback: Using the Tax Code More Expansively to Address AIG Bonuses

Paul Abrams | Posted 05.25.2011

Paul Abrams

The much-reviled US tax code contains within it thousands of treatments and exclusions that enable subclasses of people to enjoy deductions, credits or even exclusions from paying taxes.