cqpolitics.com - 3/24/2009
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A confluence of events has slowed momentum for congressional action on bonuses handed out to firms receiving federal bailout money, which ignited a public furor and had President Obama chiding and cautioning Congress against any hasty moves. The Senate will not move forward without unanimous ...
krugman.blogs.nytimes.com - 3/20/2009
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krugman.blogs.nytimes.com —
Preliminary thoughts on the tax bill: 1. It's
not the way you should make policy - it's...
clumsy, and it will punish some innocent parties while letting the most guilty off scot-free 2. But - there wasn't much alternative at this point. And for that I ...
(more)
AIG
gallup.com - 3/24/2009
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gallup.com —
PRINCETON, NJ -- For the most part, the
central players in the AIG bonus controversy have come...
out looking badly -- with one notable exception. A majority of Americans are dissatisfied with the way AIG management, Congress, and Treasury Secretary ...
(more)
AIG, Congress, Geithner Target of Bonus Backlash
cbsnews.com - 3/24/2009
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cbsnews.com —
CBS News Survey Finds Only 41 Percent Approve
Of President's Handling Of Bonus Scandal, Though Overall Approval...
Remains High Comments Comments 195 March 23, 2009 (CBS) For the first time since he became president, a significant number of Americans are ...
(more)
Poll: Mixed Reviews For Obama On AIG
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Blog Reactions
Senate Delays Bonus Bill
Taegan Goddard's Political Wire —
With several Republicans leery of the legislation and Obama expressing strong reservations, it is becoming increasingly likely consideration will be put off until the next Senate work period, CQ Politics reports. ...
What's up with Congress?
The Reaction —
... and Fed Chairman Ben Bernanke are testifying before Congress today. It looks as if the Senate may put off dealing with the AIG bonus situation. Key Senator, Chris Dodd picked up some vulnerability due to his handling of the AIG controversy, ...
Related Content
White House: AIG Bonus Tax May Be 'Dangerous'
blogs.abcnews.com 3/22/2009 — Vice President Joe Biden's economic adviser said Sunday that lawmakers' plan to tax back insurance giant American International Group, AIG, bonuses may have "gone too far." "I think the president would be concerned that this bill may go too far...
House Passes The AIG Bonus Tax
tpmdc.talkingpointsmemo.com 3/19/2009 — The House has just voted 328-93 to pass the 90% tax on bonuses over $250,000 at financial institutions receiving bailout money.
We'll keep an eye out for when the roll call vote is posted on the House's site, in order to answer the question: Who ...
The A.I.G. Bonus Contract
dealbook.blogs.nytimes.com 3/19/2009 — The American International Group's government-appointed chief is getting grilled on Capitol Hill on Wednesday amid an outpouring of rage against the embattled insurance giant.
And at the heart of that outrage? The contracts that A.I.G. signed ...
Bailout Bonus Tax Passes House!
openleft.com 3/20/2009 — Good news: the Wall Street bailout bonus tax just passed the House. 328-93 is the latest count.
Better news: the majority of Republicans voted against the bill. The current count is 87 against, and 85 in favor. Republicans were running 2-1 against ...
U.S. woos buyers of toxic assets —
Reuters: Politics 3/24/2009
WASHINGTON (Reuters) - The U.S. financial system still faces risks requiring government intervention to avoid a more destructive recession, President Barack Obama said, before a critical week of fleshing out and selling his recovery plan.
First 100 days: Previewing the presser —
First Read 3/24/2009
Previewing tonight’s big political event, the AP says that “Obama is virtually certain to use Tuesday's prime-time news conference to continue an effort that began over the weekend: cooling the anti-AIG ferocity, now that it threatens to ...
First 100 days: Wall Street sure liked it —
First Read 3/24/2009
The New York Times front-pages, “The Obama administration’s new plan to liberate the nation’s banks from a toxic stew of bad home loans and mortgage-related securities is bigger and more generous to private investors than expected, but it also puts ...
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