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U.S. Treasury to Deduct $165M From AIG Bailout to Account for Bonuses
(CEP News) - The next bail out payment due from the U.S. Government to troubled insurance giant AIG will exclude the amount that was paid by the company to employees in new bonuses.
Economic News

Federal plan includes premium reductions, second chance for enrollment.
'? If you've been laid off any time since August 2008 but opted to keep your former employer's health insurance, the federal stimulus package might help you foot the bill for that coverage, at least ...
Topix.net

Colorado Fails To Qualify For Extended Unemployment Benefits
Despite an average of a 6 percent unemployment rate, Colorado did not qualify for 13 weeks of extended unemployment insurance benefits.
The Denver Channel

Road traffic up almost half in some counties
Rural roads are increasingly choked with cars according to new figures that show traffic levels have risen by almost half in some counties in the last 15 years.
Telegraph

Bondholders fear losing out in GM shake-up
The car group's bondholders are increasingly concerned that they will lose out in its restructuring.
FT

Obama seeks greater rein on financial institutions - SFGate: Top Stories
President Barack Obama said Wednesday no one in his administration created the mess at insurance giant AIG, including the much-maligned executive bonuses, but that "the buck stops with me" to fix it. Standing on the White House lawn as he prepared to go to... ...
NewsRack

Tata Motors inks pact with Andhra Bank
Tata Motors on Wednesday said it has entered into an understanding with Andhra Bank for financing its range of passenger vehicles, that will provide an added facility of car finance to its customers.
The Economic Times

Bonus dispute threatens toxic asset plan
Economists fear that the dispute over bonuses at AIG, the crippled insurance company kept alive by taxpayer funds, could complicate the roll-out of a Treasury plan to team up with private investors to buy toxic assets in the banking system
FT

Business Highlights - Boston Globe: Technology
Talking tougher by the hour, livid Democrats confronted beleaguered insurance giant AIG with an ultimatum Tuesday: Give back $165 million in post-bailout bonuses or watch Congress tax it away with emergency legislation.
NewsRack

Grassley calls suicide talk as
US Senator Charles Grassley wants AIG executives to apologize for the collapse of the insurance giant — but said on Tuesday that "obviously" he didn't really mean that they should kill themselves.
India Gazette

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