President Obama – Obama Names Pay Czar for Rescued Companies (New York Times)
Obama Names Pay Czar for Rescued Companies (New York Times)
The Obama administration appointed a compensation czar on Wednesday who will have broad discretion to set the pay for 175 top executives at seven of the nation’s largest companies, which received hundreds of billions of dollars in federal assistance to survive, The New York Times’s Stephen Labaton reports from Washington.
Source: dealbook.blogs.nytimes.com
Obama proposes law to curb corporate bonuses (AFP via Yahoo! News)
US President Barack Obama's administration unveiled plans Wednesday for legislation to give authorities and shareholders the means to limit bonus payments to executives of listed firms.
Source: news.yahoo.com
Obama letter handed to India amid consultations on Pakistan (AFP via Yahoo! News)
A US diplomat has handed India a letter from US President Barack Obama as both countries consult closely on stabilizing Afghanistan and Pakistan, US envoy Richard Holbrooke said Wednesday.
Source: news.yahoo.com
Congress abandoning Obama clean energy goals (AP via Yahoo! News)
Congress is all but abandoning President Barack Obama's goal of producing fully one-quarter of the nation's electricity from renewable sources — wind, solar and the like — by 2025, though a push for at least some increase is making headway.
Source: news.yahoo.com
Obama to speak to AMA on Monday (AP via Yahoo! News)
President Barack Obama plans to speak to the American Medical Association on Monday to push for his health care overhaul.
Source: news.yahoo.com
Obama Names Overseer to Set Pay at Rescued Companies (New York Times)
The Obama administration appointed Kenneth R. Feinberg to the new post, giving him broad discretion to set pay for 175 top executives at seven of the nation’s largest companies.
Source: www.nytimes.com
