Outrageously large rewards for executives give executives an incentive to behave outrageously -- and engage in behaviors that put the rest of us at risk.
Many taxpayer subsidies for executive excess have not yet hit the headlines.
This memo summarizes the key provisions in the stimulus legislation to restrict compensation for executives of bailed-out companies.
We applaud efforts to cap bailout pay, but are concerned about reports of weak Treasury rules.
An analysis of new proposals for change.
This contradictory document identifies financial institution failures and calls for new regulatory measures, and at the same time, salutes the free market and some of the institutions behind the financial and economic crisis.
The approximately $4.1 trillion that the United States and European governments have committed to bail out financial firms is 40 times the money they’re spending to fight climate and poverty crises in the developing world.
The approximately $4.1 trillion that the United States and Europe have committed to rescue financial firms is 40 times the money they're spending to fight climate and poverty crises in the developing world.
The presidential campaign demonstrated the contemporary versions of institutionalized denial.
Funds for the economic recovery should come from the Wall Street gamblers and the wealthy CEOs who profited from the casino economy.