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Tag Archives: stock

Financial Windfalls for Wall St. Executives Taking Government Jobs

By Nick Sorrentino on March 21, 2013

lew

When Jack Lew left Citi for a “high level government post” he was given a bonus. He was incentivized to find a roll in senior government. This practice is common among the big banks.

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Posted in Crony Capitalism | Tagged bonus, Citibank, compensation, crony capitalism, deferred compensation, government, Jack Lew, stock, Treasury, Treasury Department, Washington DC

California Environmental Oversight Run By Shareholders of Companies It Regulates

By Editor on March 10, 2013

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Posted in Crony Capitalism | Tagged California, San Francisco, stock, stock wonership, toxic

GM Begins Buying Back Shares From the Government at Almost 50% Under Break Even for Taxpayers

By Nick Sorrentino on December 19, 2012

Nice deal for GM.

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Posted in Crony Capitalism | Tagged Barack Obama, buy back, crony capitalism, Debt, Detroit, economics, GM, government motors, Romney, stimulus, stock, Treasury, Treasury Department, Wall Street, Washington DC

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