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VIDEO Rep. Brad Sherman Destroys CNBC Hosts Who Try to Defend AIG

In a showdown between Rep. Brad Sherman and CNBC Mark Haynes and Erin Burnett over the taxes on AIG bonus payments, Sherman destroyed the two hosts who were desperately trying to defend the failed executives who...

AIG or US politicians....who's more incompetent?

Opinion Funny how politicians were all lined up behind this boondoggle just a few weeks ago and now that the public is asking some pointed questions they are morally outraged.  Aren't things like the AIG...

No, Please .... Don't Call It a Bonus! It's a 'Retention Award'!

While CEOs of eight banks sat before Congress on February 11, 2009, one of the CEOs there from Morgan Stanley, attempting to justify their questionable actions after having received Troubled Asset Relief Program...

Giuliani in Defense of Wall Street Fat Cats

New York - Former New York Mayor Rudy Giuliani went on CNN's American Morning on Friday to challenge President Obama's statement that Wall Street executives who awarded themselves $20 billion bonuses as their...

Five-figure bonuses stun employees

"CHICAGO - Dave Tiderman wondered if the decimal point was in the wrong place when he opened his $35,000 company bonus. Jose Rojas saw his $10,000 check and thought, "That can't be right.""The company shared $6.6...

Wall Street executives should not get bonuses, says Obama

With anouncment of  his economic team President Elect Barack Obama has indicated his priorities of reviving US Economy. Obama has also said  that top bank executive of struggling Wall street...

America Must Rescue the Bonuses at Goldman Sachs

"America Must Rescue the Bonuses at Goldman Sachs: Michael Lewis Commentary by Michael Lewis Sept. 24 (Bloomberg) -- Anyone who caught even a sliver of yesterday's hearings in the U.S. Senate on the proposed Treasury bailout of the mortgage-backed securities market knows that...

$521,000: The average pay of Goldman Sachs employees ­ and that includes sec...

Just in case you thought you were paid enough for what you do...... " They call it Goldmine Sachs. And well they might. Because the Wall Street giant has become the first major investment bank to see its average salary top half a million dollars. ...

Fat cats must go, Bonus of Investment bankers perverted, says Britain & France

Britain & France describe Bonus profits of wealthy investment bankers and traders as perverse Gordon Brown UK and Christine Lagarde, France's economy minister, both want to end the payment system of Investment...

Audit body: Bonus to dancing inmates illegal

"CEBU CITY -- Illegal bonuses to prisoners and the unregulated use of government phones were among the alleged lapses that state auditors found in the Cebu Provincial Government’s transactions last year. The Commission on Audit (COA), in its annual report released...

Your Future without Debt!

" There is a lack of financial and investment education in our schools, among the many things not taught. If you are a high school graduate that doesn't know much about finance, except how to write a check and balance your check book, investing or saving for retirement...

British Olympians use red contact lenses in bid to beat Beijing smog

"The British women's hockey team are wearing red contact lenses to train for the Olympics because of the smog in China. Goalkeeper Beth Storry and her team-mates were affected by hazy conditions as they played on...

Cuba to abandon salary Parity

Change of leadership in Cuba has brought a whiff of changes. Cubans have realised benefits of free economy and as first step they allowed mobile phones. Now old system of same pay for everyone is going to be...

Beetlejuice! Beetlejuice! Beetlejuice!

I can't believe it's been twenty years since Beetle Juice first hit the cinema.  It's got cynical dead social workers, a pre-Ed Wood Tim Burton, a pre-Renny Harlin Geena Davis (Cutthroat Island for the win!), a pre-Batman Michael Keaton, a pre-Heathers Winona Ryder, and...

RI Uber team get Rp1 billion worth bonus

"Jakarta, (ANTARA News) - The 10-member Indonesia`s Uber team on Saturday received a Rp1 billion worth cash bonus for their success in surpassing the target set for the recent Uber Cup.The bonus was handed directly by Chairman of the Indonesian Badminton Association (PBSI)...

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