Obama's Plan To Prevent Further Economic Woes Slows

Obama and congressional Democrats have vowed to overhaul financial regulations by the end of the year. They say had regulations been tighter in recent years, firms would not have taken many of the risky bets that ultimately put them in danger of collapsing and in need of a $700 billion government bailout. Sen. Chris Dodd, … More Obama's Plan To Prevent Further Economic Woes Slows

Obama’s Plan To Prevent Further Economic Woes Slows

Obama and congressional Democrats have vowed to overhaul financial regulations by the end of the year. They say had regulations been tighter in recent years, firms would not have taken many of the risky bets that ultimately put them in danger of collapsing and in need of a $700 billion government bailout. Sen. Chris Dodd, … More Obama’s Plan To Prevent Further Economic Woes Slows

Many Wall Street Workers' Compensation On The Rise

According to the New York Times “The rest of the nation may be getting back to basics, but on Wall Street, paychecks still come with a golden promise. … Compensation is among the most cited causes of the financial crisis because bonuses were often tied to short-term gains, even if those gains disappeared later on. Still, … More Many Wall Street Workers' Compensation On The Rise

Many Wall Street Workers’ Compensation On The Rise

According to the New York Times “The rest of the nation may be getting back to basics, but on Wall Street, paychecks still come with a golden promise. … Compensation is among the most cited causes of the financial crisis because bonuses were often tied to short-term gains, even if those gains disappeared later on. Still, … More Many Wall Street Workers’ Compensation On The Rise

Rahm Emanuel Calls Repooplicans "The Party of NO, The Party of NEVER, The Party of NO NEW IDEAS"

AP News reports:  President Barack Obama wants Republicans to return to Congress this week from their spring recess with a more constructive attitude toward health care, energy and other administration initiatives. GOP lawmakers say they have ideas, just not the ones the president may want. “When you’re the party of no, when you’re the party … More Rahm Emanuel Calls Repooplicans "The Party of NO, The Party of NEVER, The Party of NO NEW IDEAS"