Bailout

The Bailout and CEO Pay: What’s ‘Excessive’?

By Sarah Anderson and Sam Pizzigati
September 23rd, 2008

One bailout proposal would give Treasury Secretary Henry Paulson, who as a Wall Street CEO received stock worth more than $500 million, power to cut "inappropriate" pay for executives of bailed-out companies. Is this the person we want defining what level of executive pay qualifies as “inappropriate”? read more »

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NEW AD QUESTIONS FINANCIAL BAILOUT WITHOUT CONDITIONS

12/29/1969

WASHINGTON – With people across the country calling for greater oversight of the Bush administration’s proposed $700 billion bailout of the financial markets, a new ad in The New York Times and on several blogs today asks pointed questions that need to be answered before Congress hands the administration massive amounts of taxpayer money and unlimited power. read more »

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Banksters Run Amok: The Facts

Financial institutions went on a binge; the cops on the street turned a blind eye. The bankers pocketed billions until the housing bubble burst. Americans are now paying dearly for the folly. Here are some facts you need to know and some ideas for change. read more »

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Armand Biroonak's picture

Fannie and Freddie CEOs Stand to Reap Millions More

Submitted by Armand Biroonak
September 8th, 2008

Last year, the CEO of Freddie Mac was paid $18.3 million and the CEO of Fannie Mae was paid $11.6 million. Freddie Mac's CEO may now be entitled to an additional $14.1 million in severance and other payments, while Fannie Mae's CEO stands to receive another $9.3 million.

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ABC News

Reuters

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Center on Budget and Policy Priorities

From cbpp.org
Resource URL: 
http://www.cbpp.org/

Center on Budget and Policy Priorities is one of the nation’s premier policy organizations working at the federal and state levels on fiscal policy and public programs that affect low- and moderate-income families and individuals.

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Center for Economic and Policy Research

From cepr.net
Resource URL: 
http://www.cepr.net/index.php?option=com_issues&task=view_issue&issue=19&Itemid=...

Center for Economic and Policy Research: Social Security, promote democratic debate on the most important economic and social issues that affect people's lives.

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