Asbury Park Press logo Asbury Park Press 4 weeks ago

Don't weep for the CEOs

It's not exactly Bastille Day, but the Obama administration is doing something about Wall Street's obscene compensation packages and its "Let them eat cake" attitude toward Main Street. Full Article at Asbury Park Press

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  1. American International Group Inc. (AIG) said on Friday that it is paying $12.1 million in retention awards to some of its top executives. Full Article at iStockAnalyst

  2. Published: Monday, October 26, 2009 There are a lot of areas where I don't agree with the Obama administration, but I can say nothing but amen for its plan to pare the salaries of the highest paid executives at... Full Article at HeraldNet

  3. The Obama Administration isn’t willing to confront any of the large corporations that are draining the wallets of average Americans. Full Article at Firedoglake

  4. LANDOVER, Md. -- President Barack Obama unveiled plans Wednesday to refocus spending of the government's $700 billion financial bailout away from Wall Street's big financial institutions and toward small businesses on Main Street. Full Article at The Delaware News Journal

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  1. AUBURN HILLS, MI - NOVEMEBER 4:  Sergio Marchionne, Chrysler Group LLC Chief Executive Officer and Fiat CEO, heads for lunch during a break in a meeting at the Chrysler Technical Center November 4, 2009 in Auburn Hills, Michigan. Marchionne laid out Chrysler's new 5-year business plan.
  2. AUBURN HILLS, MI - OCTOBER 1: Chrysler CEO Sergio Marchionne (L) attends a press conference with Claudio Scajola, the Italian Minister of Economic Development, at Chrysler headquarters October 1, 2009 in Auburn Hills, Michigan.
  3. FRANKFURT AM MAIN, GERMANY - SEPTEMBER 16:  A model  sits inside a Chrysler car at the international motor show IAA on September 16, 2009 in Frankfurt am Main, Germany. The world's biggest auto show runs until September 27.
  4. Salesman Thomas Voik, center, shakes hands with customers Caprice Cannon, left, and Reginald Ross who were hoping to trade a vehicle under the Cash for Clunkers program at a Chrysler car dealership in San Jose, Calif. , Monday, Aug. 24, 2009.
  5. WASHINGTON - JUNE 12:  General Motors CEO Fritz Henderson participates in a House Energy and Commerce Committee hearing on Capitol Hill, June 12, 2009 in Washington, DC. The committee is hearing testimony on GM and Chrysler dealership closures and restructuring.
  6. COCONUT CREEK, FL - JUNE 10:  A show room stands empty at the Maroone Chrysler Jeep Dodge dealershipp, after it was forced to close on June 10, 2009 in Coconut Creek, Florida. Italy's Fiat automobile company became the new owner of most of Chrysler's assets today.
  7. MIAMI - JUNE 08:  Chrysler vehicles are sen on the sales lot of the Tamiami Chrysler Jeep Dodge dealership which is slated to close on June 8, 2009 in Miami, Florida. The United States Supreme Court ruled today to delay the sale of most of Chrysler's assets to a group led by Italy's Fiat.
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  9. Fritz Henderson, General Motors president and CEO, departs following a press conference to announce that GM will seek bankruptcy protection, on June 1, 2009, at the GM Building in New York.

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