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Citigroup under attack over $10m office plan$
Citigroup, one of the biggest beneficiaries of the American Government's banking bailout, was condemned yesterday over its plans to spend $10 million (£6.8 million) refurbishing the offices of...
Big News Network

EU pledges new IMF money but no new stimulus funds - SFGate: Business & Technology
EU leaders pushed Friday to double the International Monetary Fund's lending to $500 billion but steered far clear of any big new government spending plans to fight the global economic slowdown. Struggling to balance mounting debt and joblessness, the 27-... ...
NewsRack

Gold near 3-week high on weak dollar, inflation
LONDON (Reuters) -- Gold jumped to a near three-week high on Thursday as the dollar tumbled and inflation concerns flared after the Federal Reserve unveiled plans to spend $300 billion on long-dated T...
bignewsnetwork.com

E.U. rejects U.S. stimulus stance in favor of welfare spending - International Herald Tribune: Front Page
Seeking to quash American hopes of more stimulus spending, European leaders on Thursday hit on a new argument: Unlike the united states, Europe will spend huge sums during the recession through its generous welfare systems.
NewsRack

Obama Draws Energy From California Swing
President Obama spent another day in California on Thursday, soaking up support away from the din of bad news in Washington. The president even joked about recharging his batteries during a visit to an electric car plant in Los Angeles.
NPR

Cameron: Cut debt, not tax
'Quango fat cats' and ID cards to be targeted in cost-cutting plansDavid Cameron told the Conservative party today that reducing government debt would take priority over tax cuts if he won the next election.In a wide-ranging speech in London on public spending, the Tory leader said he was abandoning his commitment to 'sharing the proceeds of growth' and that his administration would focus on paying off the national debt.Cameron said this was necessary because the next government would inherit 'the most red-inked, ruined public accounts in modern British history'.Without giving firm details of his plans, he said he would save money by cutting 'quango fat cats' and abandoning Labour programmes such as ID cards. He also suggested he would stop relatively high earners receiving tax credits.Cameron said controlling public spending would have to be carried out 'with a social conscience'. And he said the rich would have to pay 'a fair share of the burden' under a Tory tax system.Until last ye
Guardian

Probe into AIG bonuses launched
Neil Barofsky, who oversees how the US bailout money is being spent, launches an investigation into insurer AIG's bonuses.
BBC

EU says no more stimulus spending despite glum stats
Brussels » European Union leaders rejected calls Thursday for more government spending to dig themselves out of the recession despite nationwide strikes in France, sagging company results in Germany and gloomy unemployment figures in Britain.
The Salt Lake Tribune

TSX closes up as Wall Street breaks rally
Commodities surge in wake of Fed's new spending plan
The Globe and Mail

Sen. Dodd And The AIG Bonus Loophole
Sen. Chris Dodd inserted an amendment into a February spending bill that allowed AIG to pay big executive bonuses. But the Connecticut Democrat says he did so at the insistence of Treasury officials. Glenn Thrush of Politico magazine unravels the story.
NPR

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9th of September 2009 - Interview of Feedzilla's founder at the IFA in Berlin. [More]

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