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Obama Vows to End 'Fat' Exec Bonuses

Summers sees 'death panel' tactics from reform foes

By John Johnson, Newser Staff

Posted Sep 19, 2009 9:44 AM CDT

(Newser) – President Obama used his weekly radio address today to promise a continued crackdown on risky investment schemes that result in "fat executive bonuses" on Wall Street, reports Reuters. Obama pledged to use next week's G20 summit in Pittsburgh to push for sweeping reform of... Read full story »

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'Serpent Pastor' Dies of Snake Bite

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Politics • Money • US

Wall Street • Larry Summers • G20 • President Obama • executive bonuses • financial reform

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Obama Vows to End 'Fat' Exec Bonuses

Summers sees 'death panel' tactics from reform foes

Wall Street • Larry Summers • G20 • President Obama • executive bonuses • financial reform

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More Newser Stories

Obama, Please Screw the Banks

President doesn't have to play nice with these guys

Don't Fight Reform, Obama Warns Wall St. at NYC Dinner

Still, president reminds finance industry, 'we're in this together'

Obama Should Have Put Wall Street on Trial

But he didn't, and now GOP fat cats can somehow play populist

$5.2M Wall St. Ties Haunt President's Economic Czar

Is Summers too close to hedge fund pals?

Why Obama Won't Nail Wall Street 'Crooks'

Even Eric Holder is linked to elite financial world

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