blogs.abcnews.com - 2/4/2009
—
Later this morning the White House and Treasury Department will announce new restrictions on executive compensation on financial institutions receiving government funds. An Obama administration official tells ABC News that under the new rules, companies receiving exceptional assistance from the...
opensecrets.org - 2/4/2009
—
opensecrets.org —
The companies that have been awarded taxpayers' money
from Congress's bailout bill spent $77 million on lobbying
and $37 million on federal campaign contributions, Center finds. The return on investment: 258,449 percent . WASHINGTON--( This ...
(more)
TARP Recipients Paid Out $114 Million for Politicking ...
huffingtonpost.com - 2/6/2009
—
huffingtonpost.com —
Wall Street bankers, with their $18 billion in
bonuses, private jets and gaudy conferences, are causing headaches
for the GOP. President Obama has proposed capping compensation for executives at banks that take taxpayer bailout money at $500,000. ...
(more)
GOP Opposes Pay Limits On Bailed-Out Bankers
huffingtonpost.com - 1/30/2009
—
huffingtonpost.com —
Sen. Claire McCaskill has delivered a sharp threat
to the wallets of corporate executives who have received
large compensation packages even as their companies received government bailout funds. Things, she warned, are going to change. "I've been ...
(more)
McCaskill Lays Down Law On CEO Compensation
Comments
Blog Reactions
Obama to execs who take TARP money: Learn how to survive on $500K a year
Hot Air » Top Picks —
... Read the fine print and you’ll see it’s not quite that simple. The cap only applies to companies that need “exceptional” assistance from TARP and contains an exception for stock options, provided they vest after taxpayers are fully repaid. (Non-exceptional TARP recipients can pay execs whatever they like so long as they disclose the amount.) Still, it’s a populist masterstroke, perfectly timed to bump Daschlepalooza and the ...
John Hawkins: What's Good For The Goose, Should Be Good For The Gander On Setting Compensation Limits.
Townhall.com Blog's TownHall Blog —
Now the socialists in the Obama administration a re moving to actually micromanage what people can be paid, Later this morning the White House and Treasury Department will announce new restrictions on executive compensation on financial institutions receiving government funds. An Obama administration official tells ABC News that under the new rules, companies receiving exceptional assistance from the Department of the Treasury -- such as AIG, for example -- will face executive compensation limits of $500,000 a year. This new limit comes with one exception: Additional ...
Is TARP Pay Cap Just A PR Scam?
Riehl World View —
... ABC says the TARP pay cap comes with one exception - stock payments. And news items are headlining AIG, BOA and Citiroup. But Forbes offers ...
Related Content
TARP
balloon-juice.com 2/15/2009 — Surprise good news in the TARP bill that President Obama just signed. I could get used to this.
A provision buried deep inside the $787 billion economic stimulus bill would impose restrictions on executive bonuses at financial institutions that ...
There’s no way out of TARP
sistertoldjah.com 4/6/2009 — (H/T - Lawhawk )
Back at my regular home, both my co-blogger Shoebox and I have been monitoring attempts, some successful, others not, by banks to get out from under the Troubled Assets Relief Program. In today’s Wall Street Journal , Stuart ...
Kudlow on TARP
wizbangblog.com 4/23/2009 — Larry Kudlow's new piece at NRO, a reaction to the TARP Inspector General's report, is a must-read: The IG's report also notes that what started last October as a single-purpose...
TARP: The Looming Debacle
powerlineblog.com 4/28/2009 — On April 21, the Special Inspector General for the Troubled Asset Relief Program Act of 2009--"SIGTARP"--submitted his quarterly report to Congress on his office's activities in relation to the TARP program. The report is a disquieting document that ...
TARP Watchdog: Treasury Overpaid For TARP Investments
money.cnn.com 2/5/2009 — WASHINGTON -(Dow Jones)- The three government watchdogs overseeing the $700 billion financial rescue package continued to criticize the Treasury Department's implementation of the plan, suggesting a lack of a strategic vision and raising the concern ...
Americans Want Details Before Release of More TARP Funds
gallup.com 1/15/2009 — PRINCETON, NJ -- A majority of Americans (62%) say Congress should block President-elect Obama's request to release the remaining $350 billion in Troubled Asset Relief Program (TARP) funds until more details are provided about how the funds will be ...
Adventures in Lobbying
openleft.com 1/26/2009 — When I offered in a blog thread to go lobby on TARP oversight and reform while I was in DC, little did I know that I was going to be asked to write about it on Open Left. It's a challenge to rise to the standards set by all the wonderful writers ...
Executive pay caps that survived in the stimulus
dailykos.com 2/15/2009 — Cross-posted from Congress Matters . If you've got a Daily Kos account, you've got a Congress Matters account. Log in with your existing Daily Kos user name and password. Seems some executive pay limits for TARP recipients did survive the ...
After Kashkari, Who Runs TARP?
tpmdc.talkingpointsmemo.com 2/5/2009 — Amidst all the debate over the stimulus package, Tom Daschle's limos, and when the White House puppies will arrive, it's worth keeping an eye on TARP, the Troubled Assets Relief Program that was supposed to get us out of this mess in the first place. ...
Steel-state lawmakers vow to save "Buy American" —
Reuters: Politics 2/4/2009
WASHINGTON (Reuters) - Lawmakers from steel-producing states insisted on Wednesday that a Buy American provision remain in a huge economic stimulus plan after President Barack Obama said Congress should look at dropping or changing the measure to ...
Obama's promised health care overhaul delayed —
Reuters: Politics 2/4/2009
WASHINGTON (Reuters) - President Barack Obama's push to revamp the costly and inefficient U.S. healthcare system was facing delay even before Tom Daschle, who was chosen to head the initiative, withdrew his nomination as health secretary.
U.S. House approves children's health bill —
Reuters: Politics 2/4/2009
WASHINGTON (Reuters) - The U.S. House of Representatives on Wednesday approved legislation providing $32.8 billion to expand a popular children's health program and sent the bill to President Barack Obama for his signature.
Follow BeltwayBlips on Twitter
