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The Arabs: A History

The Arabs: A History

By Eugene Rogan
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Tag: Executive


My Dinner With the 1 Percent: The Fight for Higher Wages Means Confronting the Greed of the Rich

“Why don’t you simply do what other rich folks do? Hide your money offshore so you don’t have to pay any taxes.” Laughter erupted at the table at my sarcastic comment and my question remained unanswered.

Posted on Sep 4, 2014 READ MORE



Flickr / MnGyver

Take the U.S. Inequality Quiz

Think you have the dirt on inequality in America? Jeffrey Rudolph, a college accounting professor in Montreal, has crafted an extensive quiz stocked full of hard facts and figures from a range of authoritative sources that cuts through the myth and lies thrown up by America’s leading misinformers. (more)

Posted on Jun 28, 2011 READ MORE



Flickr / Tracy O (CC-BY-SA)

Cash Bonuses Down, Compensation Up on Wall Street

Big banking execs on Wall Street might have noticed a slight pinch in their cash bonuses last year, but that doesn’t mean those clever business minds didn’t find a way to make up for it through other financial channels.

Posted on Feb 23, 2011 READ MORE



Goldman Sachs to Gently Tweak Business Practices

Despite drawing the wrong kind of attention to themselves over the last two-plus years with news of murky dealings in “structured products” and concern over the bank’s role in the subprime mortgage crisis, execs at Goldman Sachs apparently ...

Posted on Jan 10, 2011 READ MORE



Flickr / kevindooley (CC-BY)

Banking Regulation Team Pitches New Payment Rules

An international panel of banking regulators from 27 nations is aiming to crack down on outlandish pay packages for industry executives by proposing a new set of rules that call for more transparency and, wonder of wonders, some correlation between ...

Posted on Dec 27, 2010 READ MORE



White House / Pete Souza

Obama Makes Nice with Business Bigwigs

Bill Clinton and now big business—all in a week’s work for President Obama in his ambitious push to improve relations with parties with whom he’d at least appeared to be at odds since he took office.

Posted on Dec 16, 2010 READ MORE


Kaczynska
AP / Alik Keplicz

Poles Head to the Polls

Poland’s presidential election is finally under way following the death of the country’s last president, Lech Kaczynski, in a plane crash two months ago. Acting President Bronislaw Komorowski was the favorite going in, expected to defeat the late president’s twin brother, Jaroslaw Kaczynski.

Posted on Jun 20, 2010 READ MORE


ENTER_ALT_TEXT

Goldman Sachs Bigwigs Dispute Charges

Step right up and you’ll see spectacles that will amaze from Tuesday’s face-off between senators and Goldman Sachs boss men, such as the awesome Fabrice Tourre denying “categorically” that he misled clients by selling them mysterious bundled financial entities tied to doomed mortgages.

Posted on Apr 27, 2010 READ MORE


Peru
journalperu.com

Fujimori Is Found Guilty, Again

While serving time in a Peruvian clink, Ex-President Alberto Fujimori found time in his schedule to be convicted of corruption. The sentence handed down in his fourth and final trial on charges of illegal activity in office calls for extending his jail stay by six years.

Posted on Oct 1, 2009 READ MORE


Ehud Olmert
sv.wikipedia.org

Olmert’s Corruption Trial Opens in Israel

Former Israeli Prime Minister Ehud Olmert is being tried on charges of corruption that allegedly occurred while he was Jerusalem’s mayor and later a Cabinet member. Olmert maintains his innocence, claiming a three-year smear campaign forced him to resign as prime minister a year ago.

Posted on Sep 25, 2009 READ MORE


banking protest
AP / Mark Lennihan

Banking Bandits Get Their Reward

By now everybody must know that the top banking executives responsible for our economic meltdown have no shame. Otherwise they would not have dared give themselves such hefty bonuses as a deeply perverse reward for actions that caused millions of Americans to lose their jobs and homes.

Posted on Aug 4, 2009 READ MORE


B of A
ceoworld.biz

SEC Fines B of A $33M for Bonus Bust

It’s baffling how $33 million can seem like a relatively small sum lately, but given that it’s all that Bank of America will have to pay the SEC for failing to inform investors about the billions in bonuses the bank paid Merrill Lynch executives during B of A’s acquisition of Merrill last year, it seems more like a light knuckle-rap than a full-on spanking.

Posted on Aug 3, 2009 READ MORE


Obama and Geithner
White House / Pete Souza

Wouldn’t Let Geithner Quit Even if He Tried, Obama Says

Although Timothy Geithner is under fire from several directions, especially because he failed to stop the AIG executive bonus train from arriving at its destination, President Obama continues to actively support him. In fact, Obama says he wouldn’t let Geithner quit even if the treasury secretary tried to do so at this point.

Posted on Mar 21, 2009 READ MORE


AIG sign
visitbulgaria.info

AIG Claims It Overpaid Taxes, Sues Government

Having succeeded in dispensing tens of millions of dollars to company executives last week as the country—and Congress—cried foul, the insurance titan is now suing the government to reclaim millions in taxes. Apparently AIG officials believe they paid the IRS too much and now are demanding a huge tax rebate.

Posted on Mar 20, 2009 READ MORE


Boehner
AP photo / Evan Vucci

House Passes Bonus Tax Bill

After the top brass at AIG couldn’t be stopped from dishing out $165 million in bonuses to executives who didn’t exactly deserve gold-star treatment, Congress is attempting to recoup most of the money by slapping a 90 percent tax on such executive windfalls.

Posted on Mar 19, 2009 READ MORE


AIG logo
listphile.com

AIG to Dish Out $165 Million in Post-Bailout Bonuses

The tug of war continues between corporate financial giants and the federal government, and certain members of the former seem to have some trouble adjusting to their post-bailout status. AIG, for example, is still planning to reward its top 400 executives with a whopping $165 million in bonuses this weekend, even after the company was given more than $170 billion from taxpayers to stay afloat. Updated

Posted on Mar 14, 2009 READ MORE


showgirls
entertainoz.com.au

Bailed-Out Bank Execs to Live It Up in Vegas

What’s a bunch of Wells Fargo bigwigs to do now that their struggling bank has gotten a whopping $25 billion from the federal government? Two words: Vegas, baby. Update

Posted on Feb 3, 2009 READ MORE


Andrew Cuomo
thecrimson.com

New York’s A.G. Subpoenas Bank Execs Over Bonuses

New York Attorney General Andrew Cuomo sent out subpoenas to Bank of America’s Chief Administrative Officer J. Steele Alphin and recently ousted Merrill Lynch Chief Executive John Thain on Tuesday to look into hefty bonuses paid to Merrill Lynch higher-ups late last year—even as the company was bleeding billions in losses.

Posted on Jan 27, 2009 READ MORE


AIG logo
listphile.com

N.Y. Attorney General Goes After AIG

It would seem imprudent, given the government’s recent and unprecedented bailout of companies such as insurance giant AIG, for the likes of AIG to even entertain the idea of hefty executive payouts.

Posted on Oct 16, 2008 READ MORE


Richard Fuld Jr.
World Economic Forum / Remy Steinegger

Lehman Bros. Paid Execs Millions as Company Tanked

On Monday, the House Oversight and Reform Committee took a look into the collapse of Lehman Brothers as part of a larger review of the factors leading to the current economic crisis, and it wasn’t a pretty sight. Judging by the committee’s account, leaders at Lehman Bros. disregarded key warnings of impending trouble and cut hefty checks for their fellow executives even as the firm teetered on the brink of disaster.

Posted on Oct 6, 2008 READ MORE


striking writers
evilbeetgossipfilm.com

Hollywood Writers Back in Action

After weeks of striking, the Writers Guild of America has struck a deal with Hollywood honchos, ending the protracted impasse between scribes and studios and allowing the stalled wheels of the entertainment industry to creak back into motion on Wednesday.

Posted on Feb 13, 2008 READ MORE


Colbert parody

‘Colbert’ Writers Score Big With Strike Parody

There’s one big built-in advantage that many striking WGA members have over the studio honchos they’re feuding with:  real creative talent.  This clip, made by “Colbert Report” writers, showcases their flair for parody, reminding producers why they’re indispensable while mercilessly lampooning the executives.

Posted on Nov 16, 2007 READ MORE


Former DOJ Lawyer Blasts Bush Torture Policy

Wouldn’t it have been chillingly fascinating to watch White House bigwigs in action sometime around 2003, while they played fast and loose with executive power and international law? 

Posted on Sep 5, 2007 READ MORE


Mr. Cheney’s Surprise

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Posted on Aug 10, 2007 READ MORE


Power Exec Struggles With Industry

James Rogers may head the power industry’s main trade association, but he disagrees with the group’s opposition to emissions caps.  The forward-thinking CEO wants energy providers and the Bush administration to accept the reality of global warming and embrace the future: “The science says we need to act.”

Posted on Oct 22, 2006 READ MORE


Gov. Corzine Orders New Jersey Government Shut Down

A first in the state’s history, the executive order halted road construction and lottery ticket sales, and put over half the state’s 80,000 employees on furlough. Gov. Jon S. Corzine ordered the shutdown after legislators missed a June 30 budget deadline due to disagreements over a measure to raise the sales tax to close a budget gap. Depending on a court ruling, the state’s 12 casinos may also have to shut their doors.

Posted on Jul 2, 2006 READ MORE


Goldman Sachs CEO Nominated as Treasury Secretary

Finally, after months of hanging in the pink slip rumor mill, John Snow can move on.  The White House has named Henry M. Paulson as the newest Treasury secretary; here’s what we know according to the Washington Post and NYT:

  • He was reluctant to accept the job.
  • He worked in the Pentagon as a young man.
  • He “has been a Goldman Sachs executive since 1974, pulling down a compensation package in 2005 of $37 million.”
  • He is “a birdwatcher who can often be found in Central Park with his binoculars.”
  • Thank you mainstream media for your thorough profile of this very important man.

    Posted on May 30, 2006 READ MORE


    David Addington
    From MSNBC

    ‘The Most Powerful Person You’ve Never Heard Of’

    It’s David Addington, Dick Cheney’s new chief of staff, who has been instrumental in fashioning legal arguments to support presidential-sanctioned torture, the attempt to discredit Joe Wilson, and the bogus Niger uranium story. U.S. News has the goods in this fantastic profile.
    Sickened by those “signing statements” that Bush uses to essentially ignore the laws Congress has passed? Addington has his fingerprints all over those.

    Posted on May 24, 2006 READ MORE


    The Cure for Executive Excess

    Can impeachment heal the malady of executive privilege and wiretapping?  It has before.

    Posted on Feb 9, 2006 READ MORE


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