Obama Still Doesn't Get It
This isn't a free market. It is rather one of the most complete instances ever of savvy businessmen capturing a state and the minds of the people who run it. Is this really what the president seeks to endorse?
This isn't a free market. It is rather one of the most complete instances ever of savvy businessmen capturing a state and the minds of the people who run it. Is this really what the president seeks to endorse?
Dean Baker | Posted 05.25.2011
Wall Street badly needs fixing. Fortunately we have the tool to do the job. It's called a financial transactions tax (FTT) - a modest tax on trades of stock, futures, options and other financial instruments.
Aaron Zelinsky | Posted 05.25.2011
The Obama Administration recently announced pay limits for bailed-out CEOs. But unless the IRS changes its policies, taxpayers will continue to subsidize unreasonable compensation paid by publicly held corporations.
Wall Street Journal | DEBORAH SOLOMON and DAMIAN PALETTA | Posted 05.25.2011
WASHINGTON -- The Obama administration has begun serious talks about how it can change compensation practices across the financial-services industry, ...
HuffingtonPost.com | Sam Stein | Posted 05.25.2011
One of President Barack Obama's closest advisers defended on Sunday moves to help executives at major banks avoid restrictions on lavish pay, saying t...
New York Times | STEPHEN LABATON | Posted 05.25.2011
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 ...
Washington Post | Posted 05.25.2011
Congressional efforts to impose stringent restrictions on executive compensation appeared to be evaporating yesterday as House and Senate negotiators ...
AP | JIM KUHNHENN | Posted 05.25.2011
WASHINGTON — President Barack Obama imposed a $500,000 pay cap on some senior executives whose firms receive government financial rescue money, ...
AP | JIM KUHNHENN | Posted 05.25.2011
INDIANAPOLIS — Democratic presidential candidate Barack Obama is demanding that company shareholders have a say in how much executives get paid ...
Simon Johnson | Posted 05.25.2011