Category Archives: Business News

Administration to issue new Wall Street pay curbs

Administration to issue new Wall Street pay curbs WASHINGTON (AP) — An up-and-coming Wall Street executive might want to hold off on buying that condo in Aspen. The Obama administration is ready to issue broad new guidelines that would rein … Continue reading

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AP study finds $1.6B went to bailed-out bank execs

AP study finds $1.6B went to bailed-out bank execs Banks that are getting taxpayer bailouts awarded their top executives nearly $1.6 billion in salaries, bonuses, and other benefits last year, an Associated Press analysis reveals. The rewards came even at … Continue reading

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AIG struggles to survive financial tsunami

AIG struggles to survive financial tsunami NEW YORK (Reuters) – Insurer American International Group struggled for survival a day after a financial tsunami overtook investment bank Lehman and forced the sale of rival Merrill Lynch in the biggest financial industry … Continue reading

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