From NPR News in Washington, I'm Jack Speer. Less than a week after reports surfaced about AIG's employee bonus program, House lawmakers have passed the bill to recoup the money through targeted taxes. NPR's Audie Cornish has more. House Republican...
From NPR News in Washington, I'm Jack Speer. The head of insurance giant AIG told Congress today, he has heard the public outrage of the company's bonus payments to executives while taxpayers are bailing out the firm. NPR's Paul Brown has more. Edwa...
From NPR News in Washington. I'm Jack Speer. On Capitol Hill lawmakers are making plans to recoup the government bailout money that insurance giant AIG used to pay executive bonuses. NPR's Audie Cornish reports. After offering billions in rescue mon...
The White House appears to be sharing the outrage of many average citizens over how insurance giant American International Group has apparently used some of the billions in federal bailout money it received. Amid reports that AIG, which has received...
From NPR News in Washington, I'm Craig Windham. The chairman of the White House Council of Economic Advisors Christina Romer says the US is fighting an economic war that has not yet been won but she says the US economy is fundamentally solid. The fu...
From NPR News in Washington, I'm Craig Windham. Finance officials from the world's top industrialized nations are pledging to take whatever actions are necessary to revive global economic growth and to restore the flow of credit. They've also agreed...
From NPR News in Washington, I'm Barbara Klein. President Obama and his top economic advisors are trying to reassure Americans about the future as the nation waits for signs that economic stimulus measures are working. The president today said his a...
Disgraced New York money manager Bernard Madoff has pleaded guilty to all 11 criminal charges related to a massive Wall Street Ponzi scheme he had masterminded over the past two decades. NPR's Dina Temple-Raston reports from New York. Madoff told a...
President Barack Obama chose to sign in private today a 410-billion-dollar omnibus spending bill that keeps the federal government in business to September. Nearly 9,000 individual projects known as earmarks were included in the measure and the pres...
From NPR News in Washington, I'm Jack Speer. In a surprising development, the lawyer for disgraced money manager Bernard Madoff has told a federal judge he will plead guilty later this week to 11 charges that will result in a life sentence. NPR's Ma...