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Source: www.moreover.com --- 3 days ago
Economics commentator Will Hutton applauds Gordon Brown and Alistair Darling's bail-out plan for the banks. But he does not agree with Brown's attack on bonuses for their bosses. A similar plan is now being considered by US treasury officials. Polly ... Source: www.moreover.com --- 4 days ago
Gordon Brown was under increasing pressure last night to impose a blanket ban on bonuses for Fat Cats at banks being bailed out with taxpayers' cash. ... Source: www.washingtonpost.com --- 19 days ago
Looking back on the wreckage of the Bush era, there is one undeniable bright spot: It's been a very good time to be a Fat cat. A consistent result of virtually every major Bush policy, from tax cuts to war, has been to enrich the already wealthy. ... Source: www.dailymail.co.uk --- 4 days ago
Bankers and financiers who take irresponsible risks should be 'punished' for their actions, Gordon Brown said today. ... Source: www.dailymail.co.uk --- 2 days ago
City Fat Cats will receive 'megabucks' bonuses totalling more than £3.5billion this year despite the financial crisis, analysts predicted yesterday. ... Source: www.dailymail.co.uk --- 3 days ago
City bonuses are predicted to shrink by nearly 60 per cent this year - but a few finance executives can still expect to pocket big payouts, an economic consultancy said today. ... Source: seattlepi.nwsource.com --- 10 days ago
Japan's failure to respond urgently and decisively to its banking mess caused the country to endure a "lost decade" of economic stagnation. If America wants to avoid Japan's decline, the House should approve a bailout, immediately. ... Source: www.iht.com --- 10 days ago
By passing the bailout bill, America will avoid enduring a 'lost decade' similar to the one that Japan faced after failing to respond decisively to its banking crisis. ... Source: www.iht.com --- 10 days ago
By passing the bailout bill, America will avoid enduring a 'lost decade' similar to the one that Japan faced after failing to respond decisively to its banking crisis. ... Source: www.independent.co.uk --- 1 day ago
The worst week ever? Friday was grisly – financial markets in free fall, television screens covered with red figures. Robert Peston on the news, eyes staring wildly, mouth contorted in a rictus grin, delivering impenetrable information about the crisis, with his speech crashing through five gears like a 1930s roadster. ... Source: www.nzherald.co.nz --- 15 days ago
Lotus has revealed its first all-new model since the Elise in 1995. The Evora is destined to be the world's only mid-engined 2+2 sports car. Powered by a Lotus-tuned 3.5-litre V6 engine and weighing less than 1400kg, the Evora... ... Source: www.flyertalk.com --- 35 days ago
:cool: well spg has their stay 3 times get 2 nights plus their yet TBA special 4th Q promo^^ hyatt has FFN again-always fab^ where is hiltons promo?? gee they must have their hotels full-NOT try this for a great sydney deal http://www.hiltonpremiumclub.com/offers/$175%20syd%20Voucher%20sept.htm ...
Source: www.observer.com --- 5 days ago
It would be pathetic if it weren’t so predictable. As world markets enter a period of turmoil, our elected officials in Washington, D.C., have been climbing over each other to hurl blame at “Wall Street Fat Cats.” What better way, of course, to distract their constituents from their own failures of governance. And these politicians know that nothing stirs people up as much as the phrase “executive compensation.” The idea that the sums earned by CEOs have anything to do with the financial crisis is laughable. All we’ve learned in the past weeks is that most members of Congress know next to nothing about economics. read more » ...
Source: www.freemarketnews.com --- 11 days ago
"I am really, really worried," said Ellen Mittman, a retiree. She feared for her credit cards and her savings and was already cutting back on her spending. ... Source: www.thenewstribune.com --- 9 days ago
Re: “Government stops testing crop pesticides, citing costs” (TNT, 10-1). ...
Source: www.truthdig.com --- 6 days ago
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City Fat Cats will receive 'megabucks' bonuses totalling more than £3.5bn this year despite the financial crisis, analysts predicted yesterday. ...
You'd think that after AIG was bailed out to the tune of $85 billion by the feds , executives would be morally chastened to watch their spending. But no: During today's testimony to the House Oversight Committee, the NY Times reports that a week after the bailout, "executives at its life insurance subsidiary, AIG General, held a weeklong retreat at the exclusive St. Regis Resort in Monarch Beach, Calif. Expenses for the week, lawmakers were told, totaled $442,000, including $200,000 for hotel rooms, $150,000 for food and $23,000 in spa charges." ...