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Posts Tagged ‘N.C.’

Citi exec’s pay package may spark gov’t showdown

The hefty 2009 pay package of Andrew J. Hall, leader of Citigroup Inc.’s lucrative Phibro energy trading unit, may spark a showdown between the New York-based bank and government pay czar Kenneth Feinberg.
Hall’s division generates a substantial chunk of Citigroup’s profit, which the bank sorely needs to get back on its feet and eventually repay [...]

Early exposure to ultrafine air pollution linked to lung disease in adulthood

A new study has revealed that early exposure to environmental factors such as allergens, pollutants, and respiratory viruses might put infants at an increased risk of lung disease in adulthood.
It can lead to pulmonary inflammatory diseases, such as chronic obstructive pulmonary disease (COPD) and asthma later in life.
The researchers from Louisiana State University, New Orleans [...]

Bailout Firms Increase Lobbying In 2Q

WASHINGTON (AP) — Some of the biggest recipients of the government’s $700 billion financial bailout, including Bank of America and Morgan Stanley, increased their spending on lobbying in the second quarter as Congress began to look closely at…

Peter Dreier: GOP Liars on Health Costs

“Democrats’ government-run plan will make health care more costly than ever,” Ohio Representative John Boehner, the House Republican leader, told the Wall Street Journal…

Michael Markarian: Obstructionist Lawmakers Harm Animals and the Economy

If they were truly concerned about the economy, self-described fiscal conservatives like Boehner, Bishop, and King should have been the first to line up today in support of the mustang legislation.

Regulators Shut Banks In Calif., Georgia And South Dakota

WASHINGTON — Regulators on Friday shut two banks in California and two smaller banks in Georgia and South Dakota, boosting to 57 the number of federally insured banks to fail this year.

The Federal Deposit Insurance Corp. was appointed …

America’s 10 Cushiest Prisons

It’s looking like a lifetime sentence at one of the nation’s cushiest prisons for world-class fraudster Bernard Madoff. The record-setting scammer is now at the Federal Correctional Complex at Butner, N.C. It’s no Club Fed–the U.S. Bureau of …

Man Calls 911 To Report He’s Robbing A Bank

WAYNESVILLE, N.C. — A man insisted on being arrested after he walked into a western North Carolina bank while on the phone with a 911 operator to report that he planned to commit a robbery. The Asheville Citizen-Times reported the man in…

Former GOP Congressman Demands Bush Investigations

A former Republican member of House of Representatives demanded on Thursday that Congress launch an investigation into possible crimes committed under Bush administration.

Former Rep. Mickey Edwards (R-Okla.) argued, in a brief interview with…

Madoff Leaves NY For Atlanta Prison

WASHINGTON — Disgraced financier Bernard Madoff was being held in a federal prison in Atlanta Tuesday after his transfer from a New York lockup, according to a Bureau of Prisons Web site.

It’s not clear how long he’ll be there. The site…