Congress To Tax AIG Bonuses

Congress To Tax AIG Bonuses – Both houses of Congress are mad as hell and introducing legislation to tax the huge bonuses awarded by AIG with federal bailout funds.

An outraged Congress threatened Tuesday to impose new taxes to recoup at least some of the $165 million in bonuses that insurance giant AIG awarded to executives [...]

AIG Pays $165 Million In Bonuses

AIG Pays $165 Million In Bonuses – Troubled insurance giant AIG announced it will pay out $165 million in employee bonuses with $150 million going to its credit default swap group that caused its financial collapse.

American International Group also said it gave its executives tens of millions of dollars in new bonuses even though it [...]

Homeowner Affordability Stability Plan

The key components of the new Obama Homeowner Affordability and Stability Plan are providing affordability, stability, and support for low mortgage rates:
Homeowner Affordability Stability Plan – Key Component #1 – Affordability
Provide Access to Low-Cost Refinancing for Responsible Homeowners Suffering From Falling Home Prices
ยท Enabling Up to 4 to 5 Million Responsible Homeowners to Refinance: Mortgage [...]

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