While the federal government works to pull the economy out of recession, there is a parallel effort, which receives less scrutiny but will arguably ha...
Huffington Post | Julie Satow | Posted 04.24.2009 | Business
The recent outcry over $165 million in post-bailout bonus payments has put AIG on the hot seat. But, in fact, the bonus disbursement is perhaps the l...
The Huffington Post/MSNBC | Posted 04.24.2009 | Politics
Treasury Secretary Timothy Geithner, Federal Reserve Chairman Ben Bernanke and William Dudley, president of the Federal Reserve Bank of New York, appe...
Wall Street Journal | MONICA LANGLEY | Posted 04.23.2009 | Politics
WASHINGTON--The Obama administration, after months of criticizing Wall Street, has been scrambling to woo top bankers and financiers to back its lates...
Huffington Post | Marcus Baram | Posted 04.23.2009 | Business
Fifteen of the largest 20 bonuses distributed by AIG, totaling about $30 million of their payments, have been returned, according to New York Attorney...
Huffington Post | Stuart Whatley | Posted 04.23.2009 | Business
Following up Ryan Grim's report from Congress last week that AIG chief Edward Liddy was looking to change the company's "thoroughly wounded and disgra...
HuffingtonPost.com | Arthur Delaney | Posted 04.23.2009 | Politics
Amid increasing public skepticism about his ability to lead the president's economic recovery effort, Treasury Secretary Timothy Geithner is going on ...
The Huffington Post | Rachel Weiner | Posted 04.23.2009 | Politics
Americans are angry about AIG, and they want the government to stop the bailed-out firm's executives from getting bonuses. But according to a new USA ...
Bloomberg | Chris Antsey | Posted 04.23.2009 | Business
White House National Economic Council Director Lawrence Summers said that investors in the Public-Private Investment Program won't be subject to the c...
HuffingtonPost.com | Sam Stein | Posted 04.23.2009 | Politics
Treasury Secretary Timothy Geithner refused to endorse a congressional effort to heavily tax bonuses issued by TARP recipients, saying that the govern...
AP | PHILIP ELLIOTT | Posted 04.23.2009 | Politics
WASHINGTON — President Barack Obama says he cannot "govern out of anger" just because of public outrage over bonuses paid at financial instituti...
AP | Posted 04.22.2009 | Politics
WASHINGTON — Return the money or be fired. In the view of the Senate Budget Committee chairman, those are the appropriate choices for AIG worke...
HuffingtonPost.com | Sam Stein | Posted 04.22.2009 | Politics
Jared Bernstein, chief economic adviser to the vice president, offered on Sunday the strongest White House pushback yet to the bonus tax bill passed b...
New York Times | STEPHEN LABATON | Posted 04.21.2009 | Politics
The Obama administration will call for increased oversight of executive pay at all banks, Wall Street firms and possibly other companies as part of a ...
HuffingtonPost.com | Arthur Delaney | Posted 04.20.2009 | Business
On Saturday, the Working Families party is organizing a "Lifestyles of the Rich and Infamous" bus tour of Connecticut homes belonging to executives fr...
HuffingtonPost.com | Jason Linkins | Posted 04.20.2009 | Politics
Owning these CNBC hacks: it's not just for cable TV comedians anymore! Via the folks at TPM, here's video of CNBC's Mark Haines, who just cannot imag...
HuffingtonPost.com | Arthur Delaney | Posted 04.20.2009 | Politics
Rep. Barney Frank's Financial Services Committee will take up a new bill next week to ban bonuses at any companies benefiting from federal bailout fun...
The Huffington Post | Rachel Weiner | Posted 04.20.2009 | Politics
Paul Krugman is back from Europe, and he comes out swinging in a blog post Friday. Of the bill that passed the House yesterday that would tax bonuses ...
Mother Jones | —Nick Baumann | Posted 04.20.2009 | Politics
On Wednesday afternoon, as President Barack Obama was leaving the White House for a town hall meeting in California, he spoke for 15 minutes to report...
AP | ANDREW MIGA | Posted 04.20.2009 | Politics
WASHINGTON — Democrats may want to start thinking about a bailout for Senate Banking Committee Chairman Christopher Dodd, whose political stock ...
AP | Posted 04.20.2009 | Business
WASHINGTON — Former AIG chief executive officer Hank Greenberg said the company under his leadership never had the kind of retention bonus syste...
Washington Post | Shailagh Murray, Paul Kane and David Cho | Posted 04.19.2009 | Home
Congress moved yesterday to levy punitive taxes on bonuses paid by financial firms receiving government aid, threatening to undermine federal efforts ...
New York Times | EDMUND L. ANDREWS and JACKIE CALMES | Posted 04.19.2009 | Politics
WASHINGTON -- The question was direct and prescient. Representative Joseph Crowley, Democrat of New York, asked the Treasury secretary in an open hear...
Progress Illinois | Adam Doster | Posted 04.19.2009 | Chicago
In a vote to levy a 90 percent tax on the outrageous bonuses promised to executives of the insolvent American International Group, [Melissa] Bean was ...
HuffingtonPost.com | Jason Linkins | Posted 04.19.2009 | Politics
This Sunday, on Fareed Zakaria GPS, Zakaria's guest will be former New York Governor Eliot Spitzer. CNN previewed the piece in the Situation Room tod...
HuffingtonPost.com | Ryan Grim | Posted 04.24.2009 | Politics