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News & UpdatesDecember 15, 2008 WH Plan for Detroit Still in GarageSource: ABC News The White House is not expected to wrap up a bailout for Detroit's Big Three automakers by Monday, leaving stocks open to a yet another potential selloff and the clock ticking down to what automakers say could soon become an... December 15, 2008 Executive Pay Limits May Prove ToothlessSource: Washington Post Congress wanted to guarantee that the $700 billion financial bailout would limit the eye-popping pay of Wall Street executives, so lawmakers included a mechanism for reviewing executive compensation and penalizing firms that... December 13, 2008 Recession Forcing Companies to Cut Executive Bonuses, Watson Wyatt Survey FindsSource: MarketWatch With the recession showing no end in sight and the current spotlight on executive pay, many U.S. companies are cutting back on the annual bonuses and long-term incentives they pay their executives, according to a survey by Watson... December 13, 2008 Bush vows to avert auto industry failure![]() Source: Boston Globe Facing the potential collapse of the domestic auto industry in his final days at the White House, President Bush yesterday reversed course and signaled that he would provide short-term financial help to avoid what his spokeswoman... December 12, 2008 Goldman compensation fund to drop to $12 bln-paperSource: Reuters Goldman Sachs Group Inc (GS.N: Quote, Profile, Research, Stock Buzz) will announce next week its compensation fund, out of which it will pay this year's bonuses, is expected to be about $12 billion, well below last year's $20... December 12, 2008 This year's worst CEOsSource: Kansas City Star.com Charles Prince, formerly of Citigroup, Rick Wagoner, General Motors, John J. Harris, Nestle Waters, Bruce Williamson, Dynegy - That's a rogues' gallery of CEOs who ran their companies with "unbridled greed" and a "lack of... December 12, 2008 The Greening of the Corporation![]() Source: BusinessWeek A new report analyzes how far advanced top companies are in addressing climate change and adopting environmentally friendly policies December 12, 2008 Madoff arrested in alleged Ponzi schemeSource: MarketWatch Bernard Madoff, former Nasdaq Stock Market chairman and founder of Bernard L. Madoff Investment Securities LLC, was arrested and charged with securities fraud Thursday in what federal prosecutors called a Ponzi scheme that could... December 12, 2008 Failure Is an Option as Senate Kills Auto Bailout![]() Source: Barrons LEGISLATION TO PROVIDE $14 BILLION in short-term loans to the U.S. automobile industry failed in the Senate late Thursday, setting the stage for a possible default by one or more car makers and sending global stocks into a... December 11, 2008 GM, Chrysler Short of Time as Senate Debates RescueSource: Bloomberg.com The debate over the automaker bailout in Congress has become a race against the clock. The U.S. House voted 237-170 last night to approve emergency loans for General Motors Corp. and Chrysler LLC, shifting the focus to the... [What would you find useful here?]
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