Dozens of banks and a handful of insurers have applied for funds from the Treasury Department as part of the $700 billion Troubled Asset Relief Program. The Treasury has transferred capital to 30 of these companies and to A.I.G.
There should be a Constitutional Amendment that every agency created has a life of 10 years and needs a separate act of Congress to recreate that agency again at the end of every 10 year period if that agency is to continue with whatever it does. Ninety percent of these could pro …
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Wesselius, a real estate agent, filed suit in federal court, and in October of last year an agreement was reached to allow the Nativity scene to be installed on the third floor of the Legislative Building -- one floor above the holiday tree and on the same floor as the menorah.
Embarrassing!
GREENVILLE, S.C. — A priest at St.
Nov. 14 (Bloomberg) -- Doctors may someday slow or reverse the aging process with drugs that stimulate the body to repair itself as a result of research undertaken by Pfizer Inc.
To this day, the willingness of a Wall Street investment bank to pay me hundreds of thousands of dollars to dispense investment advice to grownups remains a mystery to me.
PLEASANT GROVE CITY, Utah — Across the street from City Hall here sits a small park with about a dozen donated buildings and objects — a wishing well, a millstone from the city's first flour mill and an imposing red granite monument inscribed with the Ten Commandments.
GM doesn't like to talk about the "jobs bank," to the point that it won't disclose how many idled workers are in the bank or even how much it costs the company.
The biggest potential political problem here has nothing to do with Detroit and everything to do with Wall Street – specifically Cerberus, a private-equity firm based in New York.
WASHINGTON—In a press conference held this morning on the White House lawn, President Bush formally asked the assembled press corps and members of his own administration if, in light of today's election, he could stop being the president now.
Bonuses, which soared to record heights in recent years, could drop by 20 to 35 percent across the industry, according to a private study to be released on Thursday. Bonuses for top executives could plunge by 70 percent.
We have a president who, commendably, put his alcoholism under control without treatment. And I say this in all sincerity because beating or controlling alcoholism by oneself is a monumental task. So, we could say it's understandable that under those circumstances George W.
Treasury Secretary Hank Paulson, appearing on CNBC last week, seemed proud of the fact that the CEOs of the nation's nine largest banks agreed to restrictions on golden parachutes, salaries and bonuses in return for a massive, $125 billion taxpayer infusion.
Oct. 27 (Bloomberg) -- Five straight quarters of losses and a 70 percent slide in its stock this year haven't stopped Merrill Lynch & Co. from allocating about $6.7 billion to pay bonuses.
You can imagine the devilish grins on the faces of Morgan Stanley employees last week, after the Treasury Department said it would pump $10 billion into the bank.
Finland's Supreme Court ruled on Friday that a Muslim mother did not commit a crime when she had her son circumcised. The Court said that the circumcision, carried out for religious and social reasons and in a medical manner, did not have the earmarks of a criminal offence.
If a company has a staggered board it is nearly impossible to change control of that company in less than two years. But as we all know, two years in the life of a poorly managed company is an eternity.
It is possible for a shareholder to nominate directors, but the company does not have to include these nominees in the company's proxy statement.
With the exception of routinely voting against [perennial CT congressman] Chris Shays, I don't think I have ever voted for a Democrat before, but I will be voting for 0bama. The people in charge now are the worst administration in history (with the possible exception of FDR).
New York's attorney general demanded on Wednesday that the American International Group recover bonuses and other payments from its former executives, lest he take formal action against the insurer.
GRAND ISLAND, Neb. — Like many workers at the meatpacking plant here, Raul A.
The new slums. Why do you like suburbs over [the] city? Be honest please, I never understood it, still don't. I might have serious problems, because I hate even looking at pictures of suburbs.
Rules for Voting in US elections:
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The carbon offset market is FINALLY being shown to be a huge fraud that takes provides those with a guilty conscience (about contributing to the world's carbon emission problem) a "feel-good" solution that ultimately does nothing. This is really dumb.
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Absolutely.
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Further dimension of Goldman Sachs & credit rating agencies's actions exposed:
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