IIPM Ranked No. 1 B-School In Global Exposre - Zee...
Were bailouts given to secure fat bonuses?
USA Today wrote about ‘The AIG effect’: Executives finding ways to spend more discreetly. More than a disappointed parent, they need a special prosecutor. Anyone who gave bonuses after accepting federal aid should be fired, and that money should be disgorged to the Treasury. Claire McCaskill popped out a bill to limit the pay of anyone at firms taking federal money to no more than the President makes – $400,000. She said on the Senate floor, “You can’t use taxpayer money to pay out $18 billion in bonuses. And they owe us something other than a fancy wastebasket and $50 million jet.” One Obama official said her idea is catchy, but it won’t work “because no one would come to the Treasury to participate, and that means our economy would continue to stumble downward.”
Sen. Chuck Grassley urged the administration to snatch back the bonuses. The Republican told me, “If this were Japan & a corporate executive did what is being done on Wall Street, they’d either commit suicide or go before the board and the country & apologise.” He was shocked to learn that the Office of Management and Budget, insistent on following the Paperwork Reduction Act, was dragging down a special inspector general’s investigation of what banks are doing with taxpayer money. Aren’t the taxpayers shareholders in these corporations now, and can’t shareholders sue or scream “You misspent my money!” like Judy Holliday? “In The Solid Gold Cadillac,” said Frank, who knows the movie.
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
ZEE BUSINESS BEST B SCHOOL SURVEY
For More IIPM Info, Visit below mentioned IIPM articles.
1500-plus IIPM students placed across the country with 44 bagging international offers
IIPM set to beat economic slowdown
IIPM, GURGAON
IIPM - Admission Procedure
IIPM awards four Bengali novelists
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...
Were bailouts given to secure fat bonuses?
USA Today wrote about ‘The AIG effect’: Executives finding ways to spend more discreetly. More than a disappointed parent, they need a special prosecutor. Anyone who gave bonuses after accepting federal aid should be fired, and that money should be disgorged to the Treasury. Claire McCaskill popped out a bill to limit the pay of anyone at firms taking federal money to no more than the President makes – $400,000. She said on the Senate floor, “You can’t use taxpayer money to pay out $18 billion in bonuses. And they owe us something other than a fancy wastebasket and $50 million jet.” One Obama official said her idea is catchy, but it won’t work “because no one would come to the Treasury to participate, and that means our economy would continue to stumble downward.”
Sen. Chuck Grassley urged the administration to snatch back the bonuses. The Republican told me, “If this were Japan & a corporate executive did what is being done on Wall Street, they’d either commit suicide or go before the board and the country & apologise.” He was shocked to learn that the Office of Management and Budget, insistent on following the Paperwork Reduction Act, was dragging down a special inspector general’s investigation of what banks are doing with taxpayer money. Aren’t the taxpayers shareholders in these corporations now, and can’t shareholders sue or scream “You misspent my money!” like Judy Holliday? “In The Solid Gold Cadillac,” said Frank, who knows the movie.
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
Read these article :-
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
ZEE BUSINESS BEST B SCHOOL SURVEY
For More IIPM Info, Visit below mentioned IIPM articles.
1500-plus IIPM students placed across the country with 44 bagging international offers
IIPM set to beat economic slowdown
IIPM, GURGAON
IIPM - Admission Procedure
IIPM awards four Bengali novelists
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...
