CRP: 44% of lawmakers worth $1M+, compared to 1% of Americans overall.
Sen. Sanders introduces bill to allow breakup of firms 'too big to fail.'
Obama Awards 2 Purple Hearts During Walter Reed Visit
Neighbor: Hasan Emptied Apartment Before Shooting
Tina Fey To Reprise Sarah Palin Role For 'Going Rogue' Release
Palin goes rogue, bans phones, cameras, laptops from speech
Neighbor: Hasan Emptied Apartment Before Shooting
Tina Fey To Reprise Sarah Palin Role For 'Going Rogue' Release
Palin goes rogue, bans phones, cameras, laptops from speech
An ExxonMobil-led consortium has beaten rival Russian, French and Chinese groups to bag initial rights to develop Iraq’s West Qurna field, the Oil Ministry said. With reserves of 8.7 billion barrels, West Qurna is among the prized Iraqi fields eyed by Western oil majors. "The consortium led by ExxonMobil, which includes Shell, won the contract to develop West Qurna Phase One oilfield," Oil Ministry spokesman Asim Jihad said. The initial deal was signed in Baghdad on Thursday but needs Cabinet approval before it can be finalized. The 20-year contract is part of a raft of deals Iraq is close to formalizing.
Cheney blasts probe of CIA interrogations -- Former Vice President [sic] Dick Cheney held back no criticism Thursday of President Barack Obama, strongly questioning the administration's policy in Afghanistan and its approach to combating terrorism. Cheney, speaking to the Economic Club of Southwest Michigan, was harshest when addressing a Department of Justice investigation into so-called "enhanced interrogations" [torture] used by the CIA and military on detained suspected terrorists. "I find that absolutely abhorrent," said Cheney, who served under George W. Bush from 2001 to 2009.
Cheney blasts probe of CIA interrogations -- Former Vice President [sic] Dick Cheney held back no criticism Thursday of President Barack Obama, strongly questioning the administration's policy in Afghanistan and its approach to combating terrorism. Cheney, speaking to the Economic Club of Southwest Michigan, was harshest when addressing a Department of Justice investigation into so-called "enhanced interrogations" [torture] used by the CIA and military on detained suspected terrorists. "I find that absolutely abhorrent," said Cheney, who served under George W. Bush from 2001 to 2009.
Wall Street bonuses to rise by 40 percent By Patrick Martin The authors of the biggest financial catastrophe in world history--executives and traders at US investment and commercial banks--will see their year-end bonuses rise by an average of 40 percent compared to last year, according to a report issued Wednesday by Johnson Associates, a Wall Street-based compensation consulting firm. Traders in stocks, bonds and derivatives are likely to significantly exceed even that lofty average, with projected bonuses 60 percent higher than in 2008, the company said.
UCBH Holdings' Bank Is Seized, 120th US Lender Shut This Year
Nov. 6 (Bloomberg) -- UCBH Holdings Inc.'s United Commercial Bank, a San Francisco-based lender with $11.2 billion in assets, was seized by regulators today, becoming the 120th US bank to fail this year.
Nov. 6 (Bloomberg) -- UCBH Holdings Inc.'s United Commercial Bank, a San Francisco-based lender with $11.2 billion in assets, was seized by regulators today, becoming the 120th US bank to fail this year.
Weekly Address: Tragedy at Fort Hood
The President condemns the "despicable" attacks at Fort Hood, honoring those who were killed and injured. He also commends those who stood up to help and console those affected: "even as we saw the worst of human nature on full display, we also saw the best of America."
Includes Video
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