AIG, Bonuses and Bankruptcy
Bonuses for AIG employees? News this weekend that troubled insurer AIG, after receiving over $170 billion in taxpayer funds to prop itself up, is planning… Read More
Bonuses for AIG employees? News this weekend that troubled insurer AIG, after receiving over $170 billion in taxpayer funds to prop itself up, is planning… Read More
Over the past few months, we’ve seen a seemingly endless parade of bailouts from Washington — for banks, for automobiles, and just about everything else. … Read More
EconomyNews
It could have been a tragedy, but wasn’t. After yesterday’s dramatic Hudson River crash landing of a US Airways jet, all 155 passengers and crew… Read More
The Wall Street Journal is reporting this afternoon that the Treasury Department is mulling the expansion of its bank equity purchase program to cover insurance… Read More
Only in Washington can $7 billion dollars be considered a small amount. But that seems to be the feeling among many in Congress, which is… Read More
Nothing gathers a crowd in Washington like the sight of money being handed out. Thus, in the wake of last weekend’s federal takeover of Freddie… Read More
Since the Federal Communications Commission’s ‘net neutrality’ order last month there have been an avalanche of lawsuits including four last week alone.Responding to the suits,… Read More
This morning’s Drudge Report features the stories everyone is talking about today, with reports on U.S. swimmer Michael Phelps winning another couple of gold medals,… Read More
The FCC last Friday may have jumped with both feet into the business of regulating the Internet, but someone forgot to tell the folks that… Read More
In 1979, Robert Schuettinger and Eamonn Butler wrote a book called “Forty Centuries of Wage and Price Controls,” detailing 4,000 years of disastrous attempts by… Read More