Tag Archives: nancy-pelosi


Treasury Swoops to Recoup $165 Million in AIG Bonus Payouts

March 18, 2009 : Permalink

New York (HedgeCo.Net) – As the national outrage over bonuses paid to AIG execs reaches epic proportions, U.S. Treasury Secretary Timothy Geithner promised the government will recoup the $165 million that was shelled out using bailout money. “We will impose […]

Hedge funds, mortgages on House agenda

November 10, 2008 : Permalink

Boston Globe  – TODAY American International Group releases third-quarter results. The insurance giant is expected to post a loss of 90 cents a share, compared with a $1.35-a-share profit last year. Starbucks Corp. releases fourth-quarter financial results and is expected […]

Frank looks ahead to the next step

October 8, 2008 : Permalink

Boston Globe – US Representative Barney Frank yesterday staked out the next battlefront in the economic crisis gripping the world: more regulation of hedge funds, investment banks, and other financial institutions. Frank, who heads the House Financial Services Committee, blamed […]

Rep Frank vows more financial policing

October 7, 2008 : Permalink

Reuters – Blaming lax regulation for what turn into the worst U.S. financial crisis since the Great Depression, Rep. Barney Frank vowed on Monday to police banks and hedge funds more actively to avoid future financial meltdowns. Frank, the powerful […]