Browsing All posts tagged under »executive bonuses«

AIG CEO says “Trust us to self-regulate”

June 24, 2011

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This week, when asked for his opinion on financial reform, AIG CEO Robert Benmosche said banks and investment firms shouldn’t be subject to forced government regulation, and that the country’s financial institutions should be trusted to “row their boats in a manner they see fit.” “Right now, the most important thing is that we’ve got […]

Congress eyes increasing corporate welfare via another ‘tax holiday’

June 22, 2011

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Did you know that the Obama administration – fueled by about two dozen Republicans in Congress and the lobbyists forĀ  Microsoft, Oracle, Pfizer, Apple and several other major firms – are pushing for a corporate tax “repatriation” holiday? The plan is to give select multi-national corporations “special dispensation from tax laws” on the more than […]