For years, President Obama has been clear about his preferred tax policy: Tax the rich more and protect households that make less than $250,000 from higher taxes.
It’s not clear what he’ll say about taxes on Wednesday when he lays out his ideas for how to tackle the country’s long-term debt. If history holds, he’ll stick [...]
Posts Tagged ‘AIG’
TAX THE RICH! OK, BUT THEN WHAT?
April 12th, 2011 by Financial Writer
Tags: 2012, AIG, au, ben, bipartisan, Debt, deficit, economic, economically, economy, fed, household, households, increase, Invest, investment, lawmakers, money, mortgage, obama, president, rate, spending, taxpayers, ubs, us
more...Canadian bonds beat world
January 8th, 2011 by Financial Writer
Returns in Canada’s bond market exceeded the rest of the world in 2010, gaining the most in five years, and may outperform again this year amid record foreign purchases of the nation’s fixed-income securities.
The Bank of America Merrill Lynch Canada Broad Market Index, which tracks 1,150 federal, provincial and corporate bonds with a par value [...]
Tags: AIG, au, bank, bank of america, banking, banking system, ben, budget deficit, Canada, company, credit market, crisis, Debt, debt crisis, deficit, dollar, economist, economists, economy, energy, euro, euro zone, Europe, fed, federal government, glo, Global Economy, government, inflation, interest rate, interest rates, Invest, investment, investor, investors, lender, money, new york, oil, rate, recession, sales, us, weak economy
Uncle Sam wants you… to make car history
December 24th, 2010 by Financial Writer
As part of its ‘Race to the Museum’ campaign, the Smithsonian’s National Museum of American History is asking you to vote on which two of its eight cars it should put on display.1 of 81948 Tucker sedanThe Smithsonian needs your help to decide which two of eight cars in the National Museum of American History’s [...]
Tags: AIG, cars, general motors, Invest, us
Are the markets back? Reply is hazy - The Buzz
December 15th, 2010 by Financial Writer
It’s been a long way back, but two of the most widely watched stock market barometers are now trading right around where they were before the financial excrement really hit the fan in September 2008.
The Dow closed Tuesday at 11,476.54, its highest close since September 8, 2008 — a week before the bankruptcy of Lehman [...]
Tags: 2012, AIG, au, bank, bankruptcy, ben, business, businesses, China, citigroup, company, credit market, crisis, Debt, deficit, depression, economic, economic growth, economic recovery, economy, euro, Europe, fed, financial, financial crisis, glo, global credit, global economic, government, great depression, great recession, Invest, investment, investor, investors, job, money, rate, recession, sales, stock, stock market, stocks, united states, us, wall street
AIG’s bailout disclosure surprised NY Fed
January 23rd, 2010 by Financial Writer
New York Federal Reserve officials debated in November 2008 whether the terms of the bailout of American International Group (AIG.N) could be kept secret from the public and whether securities regulators would even permit it to do so, according to emails obtained by Reuters on Friday.
The emails, given to Capitol Hill lawmakers by the New [...]
Tags: AIG, banks, deutsche bank, Federal Reserve, subprime mortgages
A year when even the boss’ job wasn’t safe
December 23rd, 2009 by Financial Writer
Of the 4.3 million Americans who lost their jobs this year, unemployed CEOs may deserve the least public sympathy. Many of them ran companies that took federal aid. Others made a fortune when they sold their companies. One may have mishandled data that was tied to his company’s most promising product.
But as we look back [...]
Tags: AIG, CEO, financial services, obama administration, unemployed