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executive

Lehman Bros. Paid Execs Millions as Company Tanked

Staff / Truthdig Oct 6, 2008 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. Dig deeper ( 1 Min. Read )

Hollywood Writers Back in Action

Staff / Truthdig Feb 13, 2008 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. Dig deeper ( 1 Min. Read )

‘Colbert’ Writers Score Big With Strike Parody

Staff / Truthdig Nov 17, 2007 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. Dig deeper ( 1 Min. Read )
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Power Exec Struggles With Industry

Staff / Truthdig Oct 23, 2006 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." Dig deeper ( 1 Min. Read )

Gov. Corzine Orders New Jersey Government Shut Down

Staff / Truthdig Jul 2, 2006 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. Dig deeper ( 1 Min. Read )

Goldman Sachs CEO Nominated as Treasury Secretary

Staff / Truthdig May 30, 2006 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. Dig deeper ( 1 Min. Read )

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

Staff / Truthdig May 25, 2006 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. Dig deeper ( 2 Min. Read )
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