Politics

Halloween Horror! Seven CEOs to Face Paycuts

According to the Wall Street Journal, federal "pay czar" Kenneth Feinberg will order seven bailed out financial institutions and auto companies to cut their compensation packages for top officers by 25%-50%. According to one professor interviewed, this represents a "seismic shift" in corporate governance.

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New York Times Admits Shutting Out Single-Payer

The media analysis group Fairness and Accuracy in Reporting (FAIR) issued an action alert September 22 titled "NYT Slams Single-Payer" that described lopsided reporting in a New York Times article about "Medicare for all," a form of a single-payer health care system.

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Put out the FIRE on Capitol Hill with a Consumer Financial Protection Agency

October 14th, the Obama administration's principal piece of financial service reform legislation, the Consumer Financial Protection Agency, will be up for committee consideration in the House Financial Services Committee. The most important thing to know about the bill? It creates a new federal agency in Washington whose sole purpose is to protect consumers from the deceptive tricks and traps of the financial services industry. The most important thing to know about the committee reviewing the bill? It's on FIRE.

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