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Congress must keep a watchful eye on bank executives

I recently heard that some of the banks that received a bailout were returning the money to avoid salary regulations of those running the banks. It was touted that this was a bad idea since it might lead to flight of the "best" people in management. Of course, we must remind these pundits that it was those "best" people who caused the huge economic downturn that we are in, and they continue to be rewarded while throwing thousands, and tens of thousands, of their fellow Americans out of work and out of their homes.
Outside editorial: One Wall Street swindler down

...schemes; brokers who made predatory loans; analysts who cooked ratings of mortgage packages sold on Wall Street; bank executives who handed out bonuses as their firms went south. After Sept. 11, the FBI transferred 2,000 agents to anti-terror...
America should bank on students, not executives

...take the program out of the hands of for-profit lenders. The huge subsidies - now being used to pad the pockets of bank executives - would instead fund more government loans. The Congressional Budget Office estimates that the plan would save the...
Outside editorial: Banking fear

...Services Committee Chairman Barney Frank. Many members of Congress seem more interested in tarring and feathering bank executives than in helping them to get credit flowing again. "Nationalization" is not a bad thing if it means the government...
Juneau Empire Story Archive

...and moderate incomes. The Federal Reserve Board should decide in the next 60 days whether to approve the takeover. Bank executives hope to close the deal in mid-June. Share this page: Print Email Digg Twitter Yahoo! StumbleUpon Archives...
Feeling the Pinch

...The bank has permanent centers in Anchorage, Fairbanks, Wasilla and Soldotna, but no permanent center in Juneau. Bank executives are considering opening a branch in Juneau in the future. Without a center in Juneau, volunteers must wait for the...


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