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AIG Execs Re-Distributed Shareholder Wealth to Themselves
http://bucknakedpolitics.typepad.com/ buck_naked_politics/ 2008/ 10/ aig-execs-r…by Deb Cupples | Yesterday, I did a post about how Lehman Brothers' executives (with Board members' approval) redistributed billions in shareholder wealth (to themselves) -- some of it while the company wasn't doing well. The news came from a House Oversight Committee hearing on Monday about Lehman's bankruptcy.
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Wall Street May Get String-Free Bailout After All
http://bucknakedpolitics.typepad.com/ buck_naked_politics/ 2008/ 10/ wall-street…by Deb Cupples | Yesterday, a British newspaper said that Wall Street firms might not participating in the $700 billion Bailout they'd lobbied Congress for, partly because Wall Street executives (the human beings that make company decisions) resented the Bailout Bill's limitations on their ability to funnel tax dollars into their personal pockets.
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Lehman Execs Re-Distributed Billions in Shareholder Wealth to Themselves, House Republicans Curse the Investigation
http://bucknakedpolitics.typepad.com/ buck_naked_politics/ 2008/ 10/ lehman.htmlby Deb Cupples | Just weeks ago, investment-banking giant Lehman Brothers filed for bankruptcy protection. It's the biggest bankruptcy in U.S. history (bigger than Enron's and WorldCom's) and has had toxic effects on our nation's economy.
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Markets Look To Feds For More Help
http://www.refinancemortgagenow.net/ blog/ / ?p=2372Markets Look To Feds For More Help Tom Petruno writes: Already, many big investors are focusing on what else the government might have to do to help the financial system and the economy. Near the top of the wish list: A new round of interest rate cuts by the Federal Reserve, even though the central bank's benchmark short-term rate is a measly 2%.
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Wall Street to Say "No Thank You" to Bailout Funds?
http://bucknakedpolitics.typepad.com/ buck_naked_politics/ 2008/ 10/ wall-street…by Deb Cupples | The Guardian UK reports: "Fears are mounting that many Wall Street banks and financial firms will refuse to participate in the US government's $700bn bail-out package, leaving global markets and world economies in a perilous state for months to come. "'There is a growing feeling that banks ...
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Executives Took Home Millions While Driving Companies (and our Economy) into Ditch
http://bucknakedpolitics.typepad.com/ buck_naked_politics/ 2008/ 10/ executives-…by Deb Cupples | Levels of complexity vary from business to business, but most businesses have one fundamental thing in common: money comes in and money goes out. Every dollar spent on executive pay, for example, is one less dollar to pay down a business's debts, to invest in expanding the
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Dusting ‘Em Off: The Fragile
http://consequenceofsound.net/ 2008/ 10/ 04/ dusting-%e2%80%98em-off-the-fragile…With the up rise of computer technology, the year 1999 was marked as a year of fear. Fear instilled by press coverage, media speculation and government reports that believed in a conspiracy theory called “Y2K.” People were brainwashed left and right with all kinds of nonsense about a potential
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CoS Giveaway: OKOBOS Music Festival
http://consequenceofsound.net/ 2008/ 10/ 03/ cos-giveaway-okobos-music-festival/…Just because you live in a city of no more than 100,000, doesn’t mean you can’t have your own university, professional football team, or even…music festival. After all, take lovely Green Bay, Wisconsin for example. Betwen the University of Wisconsin-Green Bay, the Packers, and the newly unveiled OKOBOS Music Festival, the cheese town certainly offers its fair share of activities.
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So Nice Push Lost in Emotions
http://isisinsights.blogspot.com/ 2008/ 08/ so-nice-push-lost-in-emotions.htmlSo Nice Push Lost in Emotions Now after my birthday I have no post (Y_Y) hmmm I can't express it in words so after searching for the right songs to express it, I finally found some... Loading music...Please wait... (^_^) Reggae Yeh! (^_^) Last night when I opened the TV there was a song...
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Lofty commodity costs drench brewers
http://business.marc8.com/ lofty-commodity-costs-drench-brewersLofty commodity costs drench brewers Newsvine - business Fri, 10/03/2008 - 15:33 Anheuser-Busch Cos. and InBev SA, which are combining in a $52 billion tie-up to be the world's largest brewer, said Friday they plan to focus more on costs to deal with rising commodity prices that have consumers spending more for a pint of beer.
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