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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: Elijah Cummings

Elijah Cummings stories: 2 news summaries

AIG's 2008 Bonus Pool Rises to $454M

Company gives congressman the biggest figure yet

May 5, 09 6:04 PM CDT
(Newser) - Lawmakers and journalists keep pressing AIG about how much it paid out in bonuses in 2008, and the number keeps getting bigger, reports Politico. In response to a query from Rep. Elijah Cummings, the company now says it paid $454 million, about 4 times the figure it told Politico in... More »

MORE ABOUT:
Congress • House of Representatives • AIG • bonuses • insurance industry • Edward Liddy • Wall Street bailout • Elijah Cummings • TARP

Bailout's Execution Draws Bipartisan Ire on Hill

Treasury's point man takes heat from lawmakers

Nov 14, 08 3:38 PM CST
(Newser) - The Treasury Department's radical shift in the execution of the government bailout drew fire from both sides of the aisle in a Capitol Hill hearing today, the Washington Times reports. Neel Kashkari, point man for the $700 billion plan, felt the wrath of the House Oversight subcommittee's ranking Republican,... More »

MORE ABOUT:
Congress • Henry Paulson • Dennis Kucinich • Treasury Department • credit crisis • Darrell Issa • Wall Street bailout • Elijah Cummings

2 Stories


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