Where is the Money Going?

1745 to 1760 of about 1799 News
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Banks Gave $1.8 Million to Congressmen Who “Grilled” Them

It made for great theater: the heads of eight banks that received $166 billion in bailout funds being grilled and tongue-lashed by members of Congress channeling the public’s anger. But if most of the members of the House Financial Services Commit...   read more

Merrill Lynch Gave Million-Dollar Bonuses to 696 Executives

Merrill Lynch quietly paid out bonuses of at least $1 million each to 696 top executives while the investment house was suffering terminal losses last year, an investigation by the New York state Attorney General's office revealed.   This was pa...   read more

Comparing the Stimulus Bills

Now that the House of Representatives and the Senate have passed their own version of stimulus bills, their leaders will meet to iron out differences in the two bills. The Senate bill includes $117.6 billion more in tax cuts for individuals and fa...   read more

Defense Contractors Spent $340,000 to Honor Defense Sec. Gates

According to recent Congressional filings, Pentagon contractors, their lobbyists and lobbying groups spent more than $340,000 in 2008 on parties and other events to honor Defense Secretary Robert M. Gates. Among those paying for events honoring Ga...   read more

Senate Stimulus Plan Slips in $1 Billion for Nuclear Weapons

There has been so much discussion of what the Senate is cutting from the House version of the economic stimulus plan that it is easy to overlook the fact that the Senate version also adds new expenditures. Joe Cirincione, president of the Ploughsh...   read more

Gone From the Stimulus Bill

As members of Congress continue to wrangle about what to cut from the soon-to-be-enacted stimulus bill, some details have emerged as to what has already been eliminated. Among the expenditures considered not stimulating enough to be funded: $16 b...   read more

Taxpayers Scammed for $78 Billion

On October 20, 2008, then-Secretary of the Treasury Henry Paulson, in explaining how the bailout of banks and others would work, told Americans that “This is an investment, not an expenditure, and there is no reason to expect this program will cos...   read more

TARP Recipients Paid $114 Million to Candidates and Lobbyists

The struggling companies whose unrestricted business practices have contributed to the country's economic crisis are getting an impressive return on at least one of their investments.   The nonpartisan Center for Responsive Politics has found th...   read more

Obama’s Executive Pay Cap…The Loopholes

President Obama’s announcement of a $500,000-a-year pay cap for executives of firms receiving bailout funds seems an appropriate response to public outrage about Wall Street excesses. However, as so often happens when money meets politics, there a...   read more

Bailout Banks Lending Less than Other Banks

Think back just a few months ago when President Bush, his Secretary of the Treasury, Henry Paulson, and Ben Bernanke, the head of the Federal Reserve, threw the nation into a panic because the entire economy was days away from collapse. Fortunatel...   read more

An Old Word Returns: Bankster

Every now and then a word that has gone out of fashion earns the right to be revived. A perfect example is the Depression-era word “bankster,” which combines the words “banker” and “gangster.” “Bankster” found its first public use in the September...   read more

The Rich Really Have Gotten Richer

During the first six years of the administration of President George W. Bush, the 400 richest Americans saw their average income double to $263.3 million, thanks, in part,  to the fact that their tax rate dropped by a third to 17.2%. The biggest g...   read more

Crisis? What Crisis? Exxon Mobil Posts Largest Profit in U.S. History

The year 2008 may have been a bad one for most Americans, with layoffs and foreclosures and bank failures rippling through the economy, but for Exxon Mobil, the world’s largest publicly traded oil company, there was reason for joy. Exxon posted an...   read more

Give Each American $3,000: Linda Chavez

Linda Chavez presents a simple, but radical alternative to the $819 billion Democratic stimulus package: give every man, woman and child $3,000 in credit that has to be spent within 18 months. This would cost $900 billion, “But unlike the Democrat...   read more

Our Government at Work: The Popcorn Board

Among the many overlooked corners of the U.S. government is the Popcorn Board. Created by a 1996 law and supervised by the Agricultural Marketing Service, the board consists of nine popcorn processors who each process at least 4 million pounds of ...   read more

Citigroup Buys $50 Million Jet…Thanks for the Bailout

According to recent reports, Citigroup, one of the biggest recipients of bailout (TARP) funds, is purchasing a brand new $50 million Dassault Falcon 7X corporate jet for its executives. This news, if true, could put the bank in an awkward position...   read more
1745 to 1760 of about 1799 News
Prev 1 ... 108 109 110 111 112 113 Next

Where is the Money Going?

1745 to 1760 of about 1799 News
Prev 1 ... 108 109 110 111 112 113 Next

Banks Gave $1.8 Million to Congressmen Who “Grilled” Them

It made for great theater: the heads of eight banks that received $166 billion in bailout funds being grilled and tongue-lashed by members of Congress channeling the public’s anger. But if most of the members of the House Financial Services Commit...   read more

Merrill Lynch Gave Million-Dollar Bonuses to 696 Executives

Merrill Lynch quietly paid out bonuses of at least $1 million each to 696 top executives while the investment house was suffering terminal losses last year, an investigation by the New York state Attorney General's office revealed.   This was pa...   read more

Comparing the Stimulus Bills

Now that the House of Representatives and the Senate have passed their own version of stimulus bills, their leaders will meet to iron out differences in the two bills. The Senate bill includes $117.6 billion more in tax cuts for individuals and fa...   read more

Defense Contractors Spent $340,000 to Honor Defense Sec. Gates

According to recent Congressional filings, Pentagon contractors, their lobbyists and lobbying groups spent more than $340,000 in 2008 on parties and other events to honor Defense Secretary Robert M. Gates. Among those paying for events honoring Ga...   read more

Senate Stimulus Plan Slips in $1 Billion for Nuclear Weapons

There has been so much discussion of what the Senate is cutting from the House version of the economic stimulus plan that it is easy to overlook the fact that the Senate version also adds new expenditures. Joe Cirincione, president of the Ploughsh...   read more

Gone From the Stimulus Bill

As members of Congress continue to wrangle about what to cut from the soon-to-be-enacted stimulus bill, some details have emerged as to what has already been eliminated. Among the expenditures considered not stimulating enough to be funded: $16 b...   read more

Taxpayers Scammed for $78 Billion

On October 20, 2008, then-Secretary of the Treasury Henry Paulson, in explaining how the bailout of banks and others would work, told Americans that “This is an investment, not an expenditure, and there is no reason to expect this program will cos...   read more

TARP Recipients Paid $114 Million to Candidates and Lobbyists

The struggling companies whose unrestricted business practices have contributed to the country's economic crisis are getting an impressive return on at least one of their investments.   The nonpartisan Center for Responsive Politics has found th...   read more

Obama’s Executive Pay Cap…The Loopholes

President Obama’s announcement of a $500,000-a-year pay cap for executives of firms receiving bailout funds seems an appropriate response to public outrage about Wall Street excesses. However, as so often happens when money meets politics, there a...   read more

Bailout Banks Lending Less than Other Banks

Think back just a few months ago when President Bush, his Secretary of the Treasury, Henry Paulson, and Ben Bernanke, the head of the Federal Reserve, threw the nation into a panic because the entire economy was days away from collapse. Fortunatel...   read more

An Old Word Returns: Bankster

Every now and then a word that has gone out of fashion earns the right to be revived. A perfect example is the Depression-era word “bankster,” which combines the words “banker” and “gangster.” “Bankster” found its first public use in the September...   read more

The Rich Really Have Gotten Richer

During the first six years of the administration of President George W. Bush, the 400 richest Americans saw their average income double to $263.3 million, thanks, in part,  to the fact that their tax rate dropped by a third to 17.2%. The biggest g...   read more

Crisis? What Crisis? Exxon Mobil Posts Largest Profit in U.S. History

The year 2008 may have been a bad one for most Americans, with layoffs and foreclosures and bank failures rippling through the economy, but for Exxon Mobil, the world’s largest publicly traded oil company, there was reason for joy. Exxon posted an...   read more

Give Each American $3,000: Linda Chavez

Linda Chavez presents a simple, but radical alternative to the $819 billion Democratic stimulus package: give every man, woman and child $3,000 in credit that has to be spent within 18 months. This would cost $900 billion, “But unlike the Democrat...   read more

Our Government at Work: The Popcorn Board

Among the many overlooked corners of the U.S. government is the Popcorn Board. Created by a 1996 law and supervised by the Agricultural Marketing Service, the board consists of nine popcorn processors who each process at least 4 million pounds of ...   read more

Citigroup Buys $50 Million Jet…Thanks for the Bailout

According to recent reports, Citigroup, one of the biggest recipients of bailout (TARP) funds, is purchasing a brand new $50 million Dassault Falcon 7X corporate jet for its executives. This news, if true, could put the bank in an awkward position...   read more
1745 to 1760 of about 1799 News
Prev 1 ... 108 109 110 111 112 113 Next