Word: compensationitis
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Nancy Pelosi played down the Blue Dogs' threat to the health-care bill, claiming that the $1 trillion overhaul could still be passed without them. But Democratic leaders aren't sure they have enough votes, and this past week has seen both Obama and Pelosi hold lengthy meetings with prominent...
As congressional lawmakers scramble to find ways to pay for health-reform legislation that could cost upwards of $1 trillion over the next decade, there is probably no funding method more unpopular with the American public than taxing health benefits. Employers have been providing tax-free insurance to workers since...
The teams at Goldman Sachs and JPMorgan Chase avoided giant missteps in the lead-up to last fall's panic and are now wresting market share from wounded competitors and raking in billions. They've already paid back the bailout funds they got in October, which means they're exempt...
Average employee compensation
Perhaps. Despite Wiedeking's gestures of charity, though, Germans have already begun grumbling about the huge payout he received. Dietmar Barsch, general manager of the leftist party Die Linke, calculated that even compensation of $35 million was equivalent to 250 Porsche 911 Targa 4 models. "This is not about social...