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Democrats Push to Tax Wall Street Bonuses
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13.2.2010 |
Truthout - All Articles |
| Joining the push for new legislation in response to lavish bonuses paid in the financial industry, Sen. Sherrod Brown (D-Ohio) has introduced legislation that would tax bonuses paid to executives by banks that received government bailout funds.
The bill would tax cash and stock bonuses of more than $25,000 by 50 percent, diverting the money towards loans for small businesses.
read more |
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Also found in: [+]
[newstrust :: Compensation in Finance]
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Democrats Push to Tax Wall Street Bonuses
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13.2.2010 |
Truthout.com |
| Joining the push for new legislation in response to lavish bonuses paid in the financial industry, Sen. Sherrod Brown (D-Ohio) has introduced legislation that would tax bonuses paid to executives by banks that received government bailout funds.
The bill would tax cash and stock bonuses of more than $25,000 by 50 percent, diverting the money towards loans for small businesses.
read more  |
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Also found in: [+]
[newstrust :: Compensation in Finance]
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Letters: How Wall Street Protects Wall Street
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13.2.2010 |
NY Times: Editorials |
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Also found in: [+]
[demo :: Housing]
[newstrust :: Campaign Contributions]
[newstrust :: Jobs]
[newstrust :: Compensation in Finance]
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Foul play in Robin Hood tax poll?
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12.2.2010 |
The Guardian -- Front Page |
| Public appears to take on role of Sheriff of Nottingham in 'Robin Hood' tax poll – but should foul play be suspected?
With hindsight, perhaps it should have looked fishy from the start that the British public had decided to take sides with the Sheriff of Nottingham.
Campaigners for a "Robin Hood tax" watched with alarm as thousands of votes poured into their website , rejecting their proposal for a levy on City wheeler-dealing, to raise money to fight poverty and climate change.
After a bit more investigation, though, the unlikely backlash against the rob-the-rich plan – almost 5,000 no votes against the Robin Hood tax within 20 minutes – turned out to emanate from just two computer servers, one of which was registered to the investment ... |
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Also found in: [+]
[subbu :: Climate change]
[subbu :: Legal Strategies]
[subbu :: Strategies]
[demo :: Climate change]
[Genecampaign :: Climate change]
[Genecampaign :: Legal Strategies]
[Genecampaign :: Strategies]
[newstrust :: Trade]
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The Lobbying-Media Complex
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12.2.2010 |
Common Dreams: Headlines |
| by Sebastian Jones
President Obama spent most of December 4 touring Allentown,
Pennsylvania, meeting with local workers and discussing the economic
crisis. A few hours later, the state's former governor, Tom Ridge, was
on MSNBC's Hardball With Chris Matthews, offering up his
own recovery plan. read more |
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Also found in: [+]
[newstrust :: Health Care Reform]
[newstrust :: Public Option]
[newstrust :: Housing]
[newstrust :: Jobs]
[flenvcenter :: Air Policy]
[demo :: Coal]
[demo :: Nuclear]
[flenvcenter :: Campus]
[newstrust :: scandal]
[flenvcenter :: Republican]
[newstrust :: Access]
[newstrust :: Fairness]
[flenvcenter :: Policy]
[flenvcenter :: Policy]
[flenvcenter :: Campus]
[flenvcenter :: Air Policy]
[flenvcenter :: Republican]
[newstrust :: Regulation]
[newstrust :: Trade]
[newstrust :: Financial Regulation]
[newstrust :: Compensation in Finance]
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One Free Market System for Wall Street, Another for Main Street
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12.2.2010 |
Truthout.com |
| Washington is paralyzed by snow and partisanship. Nothing is getting done – even as the Great Recession pulls more Americans into its maw.
In the midst of this paralysis, the President was asked about the giant pay packages of Jamie Dimon, CEO of JP Morgan Chase & Co. ($17 mullion for 2009) and Lloyd Blankfein, CEO of Goldman Sachs ($9 million).
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Also found in: [+]
[newstrust :: Housing]
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Brown pushes for steep tax on bonuses
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12.2.2010 |
Politico |
| Ohio senator joins host of other Dems eager to channel populist outrage at Wall Street. |
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Also found in: [+]
[newstrust :: Compensation in Finance]
[newstrust :: Housing]
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Sen. Sherrod Brown seeks 50 percent tax on Wall Street bonuses
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11.2.2010 |
The Hill |
| Sen. Sherrod Brown (D-Ohio) on Thursday became the latest lawmaker to push for a new tax on Wall Street bonuses.
Read more... |
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Also found in: [+]
[newstrust :: Compensation in Finance]
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Wall St.’s Biggest Bonuses Go to Not-So-Big Names
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11.2.2010 |
NYT: Home Page |
Bonus watchers focused on Goldman’s chief, but he was eclipsed by the heads of Visa, Capital One Financial and American Express.
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Also found in: [+]
[demo :: Housing]
[newstrust :: Compensation in Finance]
[newstrust :: Housing]
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AIG-Gate: The World's Greatest Insurance Heist
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11.2.2010 |
Truthout - All Articles |
| Rumor has it that Timothy Geithner is on his way out as Treasury Secretary due to his involvement in the AIG scandal that is now unraveling in hearings before the House Oversight and Reform Committee. Bob Chapman writes in The International Forecaster:
read more |
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Also found in: [+]
[newstrust :: Housing]
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AIG-Gate: The World's Greatest Insurance Heist
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11.2.2010 |
Truthout.com |
| Rumor has it that Timothy Geithner is on his way out as Treasury Secretary due to his involvement in the AIG scandal that is now unraveling in hearings before the House Oversight and Reform Committee. Bob Chapman writes in The International Forecaster:
read more  |
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Also found in: [+]
[newstrust :: Housing]
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Obama Commits Political Suicide: Obscene Wall St. Bonuses 'Part of the Free Market System'
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10.2.2010 |
AlterNet |
| Obama says he doesn't have a problem with bonuses at Goldman Sachs and JPMorgan. He's going to have a big problem at the polls in November. |
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Also found in: [+]
[newstrust :: Compensation in Finance]
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Obama Says He Doesn't Begrudge Bank Executives' Bonuses
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10.2.2010 |
NY Times: Business |
In an interview with Bloomberg News, President Obama compares Wall Street salary bonuses to those of baseball players'.
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Also found in: [+]
[newstrust :: Compensation in Finance]
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Obama defends CEO bonuses he once called ‘obscene’
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10.2.2010 |
NewsTrust Yahoo Pipes Feed |
| Millions of Americans bestow lavish attention on major league baseball, sports agents often argue, so it's only fair that ballplayers get to share in the wealth.
Apparently, some feel that CEOs of "embattled" banks that received $25 billion in government bailout funds have been getting a raw deal from the media and pandering politicians, because they [...] |
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Also found in: [+]
[newstrust :: Compensation in Finance]
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MetLife to pay $8b in stock for firm
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10.2.2010 |
Boston Globe: Business |
| MetLife to pay $8b in stock for firm |
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Fighting Off Looters in the Ruins
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10.2.2010 |
CommonDreams.org Headlines |
| by Peter Constantini SEATTLE - Reckless greed on
Wall Street is a dog-bites-man story. Still, the renewed feeding frenzy
of the alpha dogs of finance in the embers of the bonfire of their own
vanities has inspired amazement and disgust across the political
spectrum. read more |
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Also found in: [+]
[flenvcenter :: Policy]
[newstrust :: Regulation]
[newstrust :: Financial Regulation]
[newstrust :: Compensation in Finance]
[flenvcenter :: Policy]
[newstrust :: Regulation]
[newstrust :: Housing]
[newstrust :: Financial Markets]
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Markets Respond Positively to Talk of Greek Bailout
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10.2.2010 |
The Atlantic - Matthew Ygblesias |
| I try not to put too much stock in these one-day “why is the stock market doing this or that” stories, but I noticed that today stocks are rallying as people think there will be some kind of EU rescue/bailout for Greece rather than a catastrophe. And though I haven’t made a scientific study of [...] |
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Feinberg, Goldman CEO talked of pay
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9.2.2010 |
Boston Globe: Business |
| Feinberg, Goldman CEO talked of pay |
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Also found in: [+]
[newstrust :: Compensation in Finance]
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The Republican Party’s Requited Love for Large Banks
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9.2.2010 |
The Atlantic - Matthew Ygblesias |
| The Republican Party is currently attempting to executive a tricky political high-wire act. On the one hand, they’re hoping to turn populist outrage at the financial industry and bailouts into a generalized hatred of government and incumbent politicians that puts them in power. At the very same time, they’re steadfastly opposing any sort of new [...] |
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Also found in: [+]
[newstrust :: Regulation]
[newstrust :: Campaign Contributions]
[newstrust :: PAC]
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Treasury Secretary Henry Paulson 'On the Brink'
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8.2.2010 |
Newsweek Top Stories |
| Daniel Gross reviews the former treasury secretary's new memoir of the near global financial collapse. ... |
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Also found in: [+]
[demo :: Housing]
[newstrust :: Housing]
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