Sustainability| More...
 

Bonuses

Should Obama Stop Trusting Geithner's Advice?

Miles Mogulescu | Posted 04.18.2009 | Politics

Read More: Goldman Sachs, Obama Aig Bonuses, Financial Bailout, Goldman Sachs Bonuses, Aig Paulson, Tim Geithner, Aig Bonuses, Geithner Bailout, Paulson Bailout, AIG Bailout, Financial Crisis, Henry Paulson, Aig, Global Financial Crisis, Timothy Geithner, Economy, Bank Bonuses, Recession, Federal Bailouts, Bailout Bandits, Aig Federal Bailouts, Bonuses, Wall Street Bonuses, AIG Scandal, Politics News
Miles Mogulescu

If the American people come to see the Obama administration as complicit in Wall Street's unethical behavior, then Obama's entire economic program could end up in shambles.

Read Post

The Death of a Brand

James Moore | Posted 04.18.2009 | Business

Read More: Federal Bailouts, Bailout Bandits, Economy, Aig Bonuses, Financial Crisis, Branding, Aig, Aig Federal Bailouts, Bonuses, Wall Street Bonuses, Bank Bonuses, Recession, AIG Scandal, Bailout Outrage, Washington/United States, United States, Business News
James Moore

AIG's predicament will be studied for years to come in marketing and communications classes. When the president of the United States starts bad mouthing your brand, it's not going to survive.

Read Post

AIG, Populist Rage, and the Future of Banks

Howard Schweber | Posted 04.18.2009 | Business

Read More: Freddie Mac, Aig, Gramm, Populist Rage, Bailout, Bank Nationalization, Derivatives, Banking Regulation, Banks, Financial Crisis, Bonuses, Geithner, Fannie Mae, Bailout Outrage, Business News
Howard Schweber

Lately the torches-and-pitchforks voices have begun to drown out serious discussion. Time to take a deep breath or two: populist rage is a rotten basis for policy-making.

Read Post

AIG: The Media's Appalling Hypocrisy and Anti-Obama Bias

MJ Rosenberg | Posted 04.18.2009 | Media

Read More: Aig, Federal Bailouts, Bailout Bandits, Economy, Aig Bonuses, Financial Crisis, Aig Federal Bailouts, Bonuses, Wall Street Bonuses, Bank Bonuses, Recession, AIG Scandal, Media News
MJ Rosenberg

For eight years, the Republicans gave unprecedented trillion dollar bonuses to the richest people in America. Where was the MSM's outrage then?

Read Post

CEO Bonus Pay Rises Despite Poor Performances (SLIDESHOW)

Huffington Post via WSJ | Julie Satow | Posted 04.18.2009 | Business

Read More: CEO Bonuses, Ceo, Bonuses Ceo, Slideshow, CEO Pay, CEO Compensation, Bonuses, Ceo Bonus Dickerson, Wall Street Journal - Ara Hovnanian - March 18, 2009, Gary Dickerson Bonus, Bonuses Paid to Varian Semiconductor Employees, Business News

Several chief executives were handsomely paid last year even though their company performed terribly, the Wall Street Journal reports. By most mea...

Read Whole Story

What to Do About "Mad as Hell"

Deepak Chopra | Posted 04.17.2009 | Politics

Read More: Aig Bonuses, Morality, Populism, Economic Crisis, Federal Bailouts, Bailout Bandits, Economy, Financial Crisis, Aig, Aig Federal Bailouts, Bonuses, Wall Street Bonuses, Bank Bonuses, Recession, AIG Scandal, Politics News
Deepak Chopra

What would it take to change a whole subculture that has escaped all ethical boundaries?

Read Post

Upset with AIG? How About Your Bailout Funds Supporting Tiger Woods and Europe's Soccer Stars?

James Warren | Posted 04.17.2009 | Business

Read More: Steven Gerrard, Federal Bailouts, Bailout Bandits, Manchester United, Economy, Aig Bonuses, Wayne Rooney, Financial Crisis, Aig, Aig Federal Bailouts, Bonuses, Wall Street Bonuses, Bank Bonuses, Recession, AIG Scandal, Bailout Outrage, Business News
James Warren

There are few topics more fit for bailout-inspired vitriol than the sports marketing and sponsorship deals bargained by financial services firms and automakers surviving due to taxpayer largess.

Read Post

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

Paul Abrams | Posted 04.17.2009 | Business

Read More: Financial System, Aig Bonuses, Ex Post Facto Laws, Us Constitution, US Tax Code, Bailouts, Economy, Aig, Bank Bonuses, Recession, Clawback, Federal Bailouts, Bailout Bandits, Financial Crisis, Aig Federal Bailouts, Bonuses, Wall Street Bonuses, AIG Scandal, Bailout Outrage, Business News
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.

Read Post

Larry Summers' Ludicrous View On AIG Bonuses

Henry Blodget | Posted 04.17.2009 | Business

Read More: Aig, Federal Bailouts, Bailout Bandits, Economy, Aig Bonuses, Financial Crisis, Aig Federal Bailouts, Bonuses, Wall Street Bonuses, Bank Bonuses, Recession, AIG Scandal, Business News
Henry Blodget

If not for the taxpayer, AIG would be bankrupt, and the folks holding those contracts would be standing at the end of the creditor line.

Read Post

Unacceptable Excuse of the Day

Fortune's Stanley Bing | Posted 04.17.2009 | Business

Read More: Digital Ubiquity, Blackberry, A.I.G., Cell Phones, Electronic Communications, Lame Excuses, Economy, Aig Bonuses, Aig, Bank Bonuses, Recession, Federal Bailouts, Bailout Bandits, Financial Crisis, Aig Federal Bailouts, Bonuses, Wall Street Bonuses, AIG Scandal, Business News
<i>Fortune</i>'s Stanley Bing

The ongoing AIG mess provides us with an interesting sidelight today -- the use of an excuse that is no longer acceptable in the unwired global universe in which we now live.

Read Post

AIG Underscores the Need for Real Time Financial Accountability

Rep. Carolyn Maloney | Posted 04.17.2009 | Business

Read More: Federal Bailouts, Bailout Bandits, Economy, Aig Bonuses, Financial Crisis, Aig, Aig Federal Bailouts, Bonuses, Wall Street Bonuses, Bank Bonuses, Recession, AIG Scandal, Business News
Rep. Carolyn Maloney

With so much confusion in the financial marketplace, one thing is apparent: the American people deserve to know what government-supported banks are doing and how our tax dollars are being used.

Read Post

Good Work, AIG!

Jonathan Richards | Posted 04.16.2009 | Politics

Read More: Aig, Wall Street Bailout, Bailout, Bonuses, Wall Street Bonuses, Aig Bonuses, Bailout Bonuses, Cartoons, Political Cartoons, Politics News
Jonathan Richards

The bonuses may seem greedy, but look what quality stuff they're producing! ...

Read Post

Getting Lehman Wrong a Second Time

Dean Baker | Posted 04.16.2009 | Business

Read More: Financial Crisis, Federal Bailouts, Bailout Bandits, Economy, Aig Bonuses, Aig, Aig Federal Bailouts, Bonuses, Wall Street Bonuses, Bank Bonuses, Recession, AIG Scandal, Bailout Outrage, Business News
Dean Baker

The sums of money going to bail out the financial industry dwarf the waste and pork that get John McCain and other budget hawks excited. Yet they are strangely calm about the bailout money.

Read Post

Why Obama Was Smart to Come Out Strongly Against the AIG Bonuses

Mitchell Bard | Posted 04.16.2009 | Politics

Read More: Thomas Friedman, Aig Bonuses, This Week, President Obama, Aig, Democrats, The Fed, Bank Failure, Dick Gregory, Republicans Party of No, 60 Minutes, Financial Crisis, New York Times, Timothy Geithner, Ben Bernanke, Republicans, Economy, Bank Bonuses, Recession, Federal Bailouts, Bailout Bandits, Aig Federal Bailouts, Bonuses, Wall Street Bonuses, AIG Scandal, AIG., Politics News
Mitchell Bard

The Republicans were going to grab onto the populist anti-bank feelings in the country to position themselves as the party of the people, with the Democrats being cast as the party of the bankers.

Read Post

Tim Geithner Needs To Answer For AIG

Henry Blodget | Posted 04.16.2009 | Business

Read More: Federal Bailouts, Bailout Bandits, Economy, Aig Bonuses, Financial Crisis, Aig, Aig Federal Bailouts, Bonuses, Wall Street Bonuses, Bank Bonuses, Recession, AIG Scandal, Business News
Henry Blodget

Americans will justifiably ask who got us into this mess. The answer, in part, is the same man who has yet to come up with a coherent plan to get us out of it:

Read Post

How to Stop AIG's Bonuses

Bill Black, Tom Ferguson, Rob Johnson, Walker Todd | Posted 04.16.2009 | Business

Read More: Tarp, TARP Money, Aig Bonuses, Office of Thrift Supervision, AIG Bailout, CEO Bonuses, Aig, Sec, Bonuses, Wall Street Bonuses, Obama Tarp Money, Edward Liddy, William Black, Business News
Bill Black, Tom Ferguson, Rob Johnson, Walker Todd

Today the task is to stop a grotesque abuse before it is too late. The path we outline here would do it, without throwing markets into turmoil.

Read Post

Fake Outrage by Politicians About AIG Bonuses

Cenk Uygur | Posted 04.16.2009 | Politics

Read More: Bush Administration, Bailout, Larry Summers, Politicians, Aig Outrage, Tim Geithner, Aig Outrage Lawmakers, Cenk Uygur, AIG Bailout, Aig, Bonuses, Executives, Politics News
Cenk Uygur

Time after time, Bush, Obama and Congress had an opportunity to attach limits on executive pay to legislation authorizing bailout money. And time after time, they refused. So, spare me the outrage.

Read Post

Lame Excuses for AIG Bonuses

Amitai Etzioni | Posted 04.16.2009 | Business

Read More: Aig, Bailout Plan, Executive Bonuses, Federal Bailouts, Bailout Bandits, Economy, Aig Bonuses, Financial Crisis, Aig Federal Bailouts, Bonuses, Wall Street Bonuses, Bank Bonuses, Recession, AIG Scandal, Business News
Amitai Etzioni

Public morality falls to a new low-level when outrageous acts are revealed but rather than being soon corrected -- they are excused.

Read Post

Larry Summers: Stop the AIG Bonuses. Yes You Can.

Aaron Zelinsky | Posted 04.15.2009 | Business

Read More: Wall Street Bailout, Timothy Geithner Treasury Secretary, Internal Revenue Code, Internal Revenue Service, Aig Bonuses, AIG Bailout, Larry Summers, AIG Executives, Lawrence Summers, Derivative Suits, Aig, AIG Ba, Bailout, Wall Street, Tim Geithner, Executive Compensation, Larry Summers Treasury Secretary, Economy, Bank Bonuses, Recession, Federal Bailouts, Bailout Bandits, Financial Crisis, Aig Federal Bailouts, Bonuses, Wall Street Bonuses, AIG Scandal, Business News
Aaron Zelinsky

Larry Summers claims that nothing can be done about the AIG bonuses. As a former Secretary of the Treasury, he should know better.

Read Post

Lifting the Tarp: Will President Obama's Economic Team Lead Him Off a Cliff?

Robert Kuttner | Posted 04.15.2009 | Politics

Read More: Federal Bailouts, Bailout Bandits, Economy, Aig Bonuses, Financial Crisis, Larry Summers, Aig, Aig Federal Bailouts, Bonuses, Wall Street Bonuses, Tim Geithner, Bank Bonuses, Recession, AIG Scandal, Edward Liddy, Politics News
Robert Kuttner

The outrage over the AIG bonuses is a sideshow. The larger problem, both financially and politically, is the entire strategy for rescuing the banks. Obama needs to get a second opinion.

Read Post

Ain't I Greedy!

Robert S. McElvaine | Posted 04.15.2009 | Business

Read More: Greed, Aig, Bailout, Corporate Bonuses, Financial Crisis, Federal Bailouts, Bailout Bandits, Economy, Aig Bonuses, Aig Federal Bailouts, Bonuses, Wall Street Bonuses, Bank Bonuses, Recession, AIG Scandal, Business News
Robert S. McElvaine

Ever since AIG entered the public consciousness in a very negative way last fall, people have been wondering what the initials stand for.

Read Post

AIG Bonus Scandal Spotlights the Bankruptcy of Wall Street's "Greed is Good" Values

Robert Creamer | Posted 04.15.2009 | Business

Read More: Wall Street, Employee Free Choice Act, Breaking News, Aig Bonuses, Financial Crisis, Obama Administration, Credit Default Swaps, "Greed Is Good" Values, Michael Douglas, Citicorp, Economy, Aig, Bank Bonuses, Recession, Federal Bailouts, Bailout Bandits, Aig Federal Bailouts, Bonuses, Wall Street Bonuses, AIG Scandal, Business News
Robert Creamer

Greed was never good. Normal people know that, but it has been completely lost on the Wall Street crowd and the American economic elite.

Read Post

The Real Scandal of AIG

Robert Reich | Posted 04.15.2009 | Business

Read More: Aig Bonus Contract, Federal Bailouts, Bailout Bandits, Economy, Aig Bonuses, Financial Crisis, Aig, Aig Federal Bailouts, Bonuses, Aig Contracts, Bank Bonuses, Wall Street Bonuses, Recession, AIG Scandal, Business News
Robert Reich

When our very own Secretary of the Treasury cannot make stick his decision that AIG's bonuses should not be paid, only one conclusion can be drawn: AIG is accountable to no one.

Read Post

In New Terror Video, AIG Demands Huge Ransom from U.S.

Andy Borowitz | Posted 03.16.2009 | Comedy

Read More: Aig, Andy Borowitz, Jonathan Alter, Homeland Security, Janet Napolitano, Cayman Islands, Timothy Geithner, Judy Gold, Hendrik Hertzberg, AIG Bailout, Economy, Aig Bonuses, Bank Bonuses, Recession, Federal Bailouts, Bailout Bandits, Financial Crisis, Aig Federal Bailouts, Bonuses, Wall Street Bonuses, AIG Scandal, Comedy News
Andy Borowitz

In the four-minute tape, a man believed to be the chairman of AIG says that if his organization is not paid its ransom, "chaos and destruction will rain down on the American economy."

Read Post

Whatever It Is, Republicans Are Against It!

Dave Astor | Posted 04.12.2009 | Comedy

Read More: Bill Clinton, Kittens, Wall Street, Henry Ford, George W. Bush, Puppies, Bonuses, Barack Obama, Hollywood Liberals, Super Bowl, Bruce Springsteen, Comedy News
Dave Astor

When congressional Republicans oppose President Obama on almost everything, they argue that they're doing so for legitimate reasons -- not because they're just being anti-Barack or anti-Democrat.

Read Post