by Robert Reich
Citigroup — the giant Wall Street bank still on life-support courtesy of $45 billion from American taxpayers — wants to pay its twenty-five top executives an average of $10 million each this year, and award its best trader $100 million. Whaaat?
Second only to healthcare reform as a test of Obama’s toughness and resolve [...]
Tag | Citi Group
Obama’s 2nd Biggest Test: Reforming Wall Street. Why Early Indications Aren’t Hopeful.
Posted on 16 August 2009 by Robert Reich | Comments (0) | Tags: banks, Citi, Citi Group, pay, Robert Reich, too big to fail, Wal Street
Connecting the Offshore Dots
Posted on 05 May 2009 by Denis Campbell | Comments (0) | Tags: Bank of America, Cayman Islands, Citi Group, Morgan Stanley, MSNBC, Rachel Maddow, shell companies, Tax Code, Tax shelters, Ugland House
by Denis Campbell
Rachel Maddow’s example on MSNBC was a simple enough explanation of how $21 billion dollars in annual tax revenue disappears from US coffers through legal loopholes that create tax shell corporations.
Mr. Bill Hypothetical, based in Texas, earns $50,000 annually and pays a 25% tax rate. KBR’s profits, also based in Texas (a military [...]
Saturday, 20th March 2010
Live Political Twitter Feed
Wilderness Dispatches
The Lunacy of Republican opposition in the Healthcare Debate writ large!
Advertisers
Browse Archives
About The UKProgressive
UK Progressive began during the 2008 US Presidential Campaign. It replaced two blogs: "Outside the Boundaries" (dedicated to US/UK Politics and Business) and "Fire the Guru!" an expose of charlatans in the Mind Body Spirit business. It was briefly known as The Vadimus Post from the Latin 'Quo Vadimus' or 'Where Are We Headed?'
We publish from a 19th century hilltop farmhouse in Monknash on the South Wales Glamorgan Heritage Coast. US-journalist Denis Campbell, based in The Netherlands and UK for 12-years is the publisher/editor. You can follow his live news feed on Facebook.com (Denis Campbell) and Twitter @UKProgressive.
The opinions expressed here are those of each contributor and do not represent the opinion of UK Progressive, our advertisers, sponsors, any related companies and/or their affiliates. We use a Creative Commons licence allowing content here to be re-published for non-commercial, non-derivative use, without editing or changing and that credit be provided to UK Progressive with a trackback URL.
Donate
UK Progressive is a free service. I cringe every time I hear a pbs, truthout or npr never-ending appeal for money. They make much more than we do. We're not your mother, we'll skip the guilt trip. If you like what you see here and would like to help us bring it to you by making a donation to support future developments, we'd really appreciate it. Thanks.
License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 2.0 UK: England & Wales License.