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Obama Slams Wall Street For Executive Bonuses
WASHINGTON - President Barack Obama, who has ordered a pay freeze on six-figure White House aides, wants to talk to Wall Street executives about a report indicating payments of over $18 billion in bonuses as the economy was in virtual free fall. ...more
January 30, 2009
BUSINESS HIGHLIGHTS
Thain Resigns From Bank Of America NEW YORK (AP) - Wall Street bonuses, a sore point as the government gives billions of dollars in bailout money to the financial industry, have apparently cost former Merrill Lynch & Co. CEO John Thain his new job at Bank of America Corp. ...more
January 25, 2009
New Bank Of America CEO Quits
Wall Street bonuses apparently have cost former Merrill Lynch & Co. Chief Executive John Thain his new job at Bank of America Corp. ...more
January 24, 2009
No Goldman Sachs Bonuses Will Cost N.Y. Millions In Taxes
Gov. David Paterson said Friday that the loss of tax revenue from just six Goldman Sachs' executives will cost New York $178 million. ...more
December 19, 2008
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