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posted by MediaMan vote down flag
marketnewslive.blogspot.com - 2/5/2009
Video: Wall Street Backlash
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President Obama's executive pay cap for companies that receive federal funds is the first step to retain control of bailout money. Jeff Glor reports.
ft.com - 1/30/2009
FT.com / US & Canada - Obama slams Wall Street over bonuses
— ft.com — President Barack Obama lashed out on Thursday at “shameful” Wall Street executives for claiming billions of dollars... in bonuses while their stricken institutions asked taxpayers for support. Mr Obama was responding to a report showing that financial ... (more) FT.com / US & Canada - Obama slams Wall Street over ...

Comments vote down Wizbang found this 1/30/2009found this
The "Bipartisan" Backlash
andrewsullivan.theatlantic.com - 2/9/2009
The "Bipartisan" Backlash
— andrewsullivan.theatlantic.com — Paul Krugman , who wants a partisan war on the GOP, and Matt Yglesias , who thinks... that bipartisanship's impossible in the modern era, and Tina Brown , who thinks there's no longterm downside to Democratic ownership of hefty social ... (more) The "Bipartisan" Backlash

Comments vote down Matthew Yglesias found this 2/9/2009found this
Angry senator wants pay cap on Wall Street 'idiots'
cnn.com - 1/30/2009
Angry senator wants pay cap on Wall Street 'idiots'
— cnn.com — "You can't use taxpayer money to pay out $18 billion in bonuses," an angry Sen. Claire McCaskill... says. (more) Angry senator wants pay cap on Wall Street 'idiots'

Comments vote down Democratic Underground Latest Breaking News found this 1/30/2009found this
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Related: barack obama tarp
An Optimistic Take on TARP — Matthew Yglesias
If you read Tyler Cowen’s list of theories as to why the TARP/TARP II decision-making has been so murky you’ll see that one possibility that keeps coming up is that it’s deliberately being made confusing so as to confuse people. If you put that together with Obama’s ...
Socialism Update: Goldman Wants Out of TARP, Wells Nixes Junket — NewsBusters.org - Exposing Liberal Media Bias
While the Obama administration and its media minions castigate financial industry executives for their so-called greedy ways, a couple of inconvenient truths are going largely un- or under-reported: one bank being criticized for a lavish convention in Las Vegas was forced to take TARP money in ...
Scaring People Is Not Leadership, Barack. — Right Soup
Senator Lindsay Graham is as fired up as I’ve ever seen him this morning, calling Barack Obama’s massive spending bill a disaster being forced down America’s collective throat. Obama’s been on a media push for the crap sandwich, and yesterday cranked up the blitz of ...
Obama…No Drama? — Right Soup
Things have gotten quite a bit slipperier for Barack Obama this week. How long ago was the inauguration? It was about 10 scandal-plagued lobbyists ago. Richardson (nuff said), Holder (helped to pardon a most wanted fugitive), Lynn (Raytheon lobbyist now at the Department Defense), Killefer  ...
Obama Caps CEO Salaries of TARP Recipients; Who Will Work for a Paltry $500,000 Per Year?   — Daily Kos
This is way overdue.  Good for Obama and his team for doing the right thing: The Obama administration is expected to impose a cap of $500,000 for top executives at companies that receive large amounts of bailout money, according to people familiar with the plan. President Obama and ...
Obama to Cap Exec. Pay at $500,000 for TARP Companies — News
President Barack Obama on Wednesday will announce a $500,000 cap on compensation for executives of companies receiving bailout funds, according to the White House. Obama (D) and Treasury Secretary Timothy Geithner are scheduled to make the announcement at Wednesday morning. The White House ...
Grassley: White House is Slow-Walking TARP Oversight — TPMDC
Sen. Chuck Grassley (R-IA) just released a letter to White House budget director Peter Orszag that makes a pretty eyebrow-raising claim: The special inspector general charged with overseeing the $700 billion in TARP funds for Wall Street is getting the run-around from the administration as he ...