Obama policy would work for corporations too
President Barack Obama is commander in chief and chief executive of the U.S. government, and after what transpired Monday, he is now in many respects chief executive of the U.S....
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Geithner’s plan restores missing ingredient: Market price
President Barack Obama and Treasury Secretary Timothy Geithner say runaway borrowing was a root cause of the economic crisis, so there is irony in the way they are trying to...
Congress crosses line with tax on AIG bonuses
I didn't like the AIG bonuses. You didn't like the bonuses. Even AIG Chief Executive Edward Liddy didn't like the bonuses. Add up the outrage, though, and it still doesn't...
AIG: Portrait of a downfall
The last time Edward Liddy faced a vexing compensation issue, as chief executive of Northbrook-based Allstate Corp., he cut costs with all the finesse of a blunderbuss: He axed 6,000...
Justice is a must in Madoff’s attack on trust
Anyone who has visited the old federal courthouse in Fort Smith, Ark., can't help but remember the re-created gallows that exist where Judge Isaac Parker, "The Hanging Judge," sent 79...
Regressing to a not-so-fond past
As the historic economic downturn takes root, confusion and consternation abound -- not just about what is going on in the economy but about what to call it. Variations on...
Stimulus a fiscal tourniquet
When President Barack Obama visited Columbus, Ohio, Friday and boasted that his economic stimulus package had helped save the jobs of 27 police recruits who were being sworn in, it...
Fired CFO’s lawsuit hints of retaliation
On the January night before he was fired, Paul Liska attended Motorola Inc.'s audit committee meeting. As Motorola's chief financial officer, it was his duty to do so. But he...
On soap box, Lampert no match for Buffett
Sears Holdings Corp. Chairman Edward Lampert probably didn't expect it to turn out this way, but in writing a lengthy, policy-laden shareholders letter last week he performed what can only...
Northern Trust doesn’t know score on golf event
Like the rest of the world, I am shocked -- shocked! -- that Northern Trust Corp. would spend millions of dollars sponsoring a golf tournament while it had more than...