Word: totalization
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...mounting public furor over corporate malpractice into a full-scale rebellion. Yet Geithner, embarrassed for discovering the bonuses so late, plans to dock AIG that much out of the next $30 billion in bailout funding when it is delivered - which amounts to a mere 0.1% of the total AIG has received. Assorted Senators, from New York Democrat Chuck Schumer to Montana Democrat Max Baucus and Iowa Republican Chuck Grassley, have proposed a number of tax and legal schemes to snatch back the bonus bucks from AIG FP executives - 73 of whom got payouts of $1 million or more, according...
...that program also had trouble getting off the ground. The Term Asset-Backed Securities Lending Facility, which is designed to spur trading in securitized consumer loans, has gotten off to a slow start, attracting only a handful of applications during the two-day window for participation this week. The total size of the deals fell well-short of the $200 billion the Federal Reserve initially made available for the program, let alone the $1 trillion to which the Fed eventually raised the ceiling...
...rhetoric and reject such barbaric treatment. Mohamed claims that the CIA would chain him in restrictive positions and that he was once shackled for eight days in a position where it was impossible to either stand straight or sit. He also allegedly spent five months in total darkness and one month straight when he was forced to continually listen to one repeated Eminem CD played at an ear-splitting volume...
Student entrepreneurs were awarded a total of $80,000 in prize money to help them develop and execute their business projects at yesterday’s I3 Harvard College Innovation Challenge. The night’s largest catches came in the form of three $15,000 McKinley Family Grants, which went to a Web-heavy slate that included online enterprises geared towards providing free SAT prep to low-income students, making holiday travel cheaper, and navigating New York City more easily. The I3 event was intended to spur greater student interest in entrepreneurship projects, which tend to go underrepresented...
...those payouts. He said the agreements were made in March 2008 to duplicate employees' 2007 bonuses "despite obvious signs that 2008 performance would be disastrous." (To further fuel the outrage, Cuomo added that the top individual AIG bonus was more than $6.4 million, while the top 10 collected a total of $42 million...