Word: held
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...himself under a train hours later. Three years after the ordeal ended, Kampusch has become a celebrity in Austria. The 21-year-old has hosted her own talk show and has been hounded by film crews desperate to tell her story. She reportedly bought the home where she was held captive to protect it from being torn down, but she lives in an apartment in Vienna where she's still trying to adjust to normal life and come to terms with her past. (See a brief history of Stockholm syndrome...
...Sundance Film Festival, held every year in Park City, Utah, has seen its share of celluloid villains. But when actor Robert Redford formally kicked off this year's fest on Jan. 21, he targeted Sundance's latest enemy: Paris Hilton...
...Wall Street pay was again in the spotlight in Washington. The House Committee on Financial Services held a hearing on executive compensation. Harvard professor Lucian Bebchuk, who recently consulted pay czar Kenneth Feinberg in setting compensation limits at bailed-out firms, said Congress should regulate and "place limits" on Wall Street pay. Nobel Prize-winning economist Joseph Stiglitz told the panel that bank pay incentivized traders and other employees to take the excessive risks that contributed to the financial crisis. And corporate-governance expert Nell Minow asserted that Wall Street firms had done little to change the pay practices that...
...bailout has become one of the most enduring controversies from the financial crisis. On Wednesday, a congressional hearing again probed the moves and possible mistakes the government made when it rescued the insurer. At the center of the hearing, which was held by the House Committee on Oversight and Government Reform, were the payments that AIG made to banks that bought credit-default-swap (CDS) bond insurance from the firm. Members of the panel grilled Treasury Secretary Timothy Geithner, head of the Federal Reserve Bank of New York in late 2008, as to why he allowed...
Galluccio resigned from his seat Jan. 5 after being sentenced to one year of jail for violating his house arrest by consuming alcohol. Candidates vying for his seat must submit their nomination by March 2, and the primary will be held on April...