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Showing 271 - 280 of 323 results for "Taxpayers"

Fanning the flames of fear

BENJAMIN ONG  |  TUESDAY, 10 MAR 2009
... Jackson's 'Thriller', or Michael Jackson himself. Bloomberg reported that, in its attempt to secure more money from the US taxpayers (its fourth), AIG presented to the US government that a world without AIG would cause European banks needing to raise ...

Let them have soup

BENJAMIN ONG  |  FRIDAY, 6 MAR 2009
... failed and failing institutions - whom I presume could still afford lobsters and caviars and private jets - begging for taxpayers' money have their day (or a full 10 years) serving in soup kitchens?

The Ides of March

BENJAMIN ONG  |  TUESDAY, 3 MAR 2009
... exchange for its non-cumulative preferred shares. This is on top of the US$150 billion the company received from US taxpayers last year. The Treasury will also exchange its existing $40 billion in cumulative perpetual preferred shares for new preferred ...

Subsidise financial advice: Shiller

MICHELLE BALTAZAR  |  FRIDAY, 27 FEB 2009
... Depression, Shiller said the government's bail-out package is not enough. The Obama administration needs to ensure that the taxpayers, fronting up the funds, and the homeowners and laid-out workers, worst hit by the downturn, all get a fair deal. "Roosevelt ...

Riccardian equivalence redux

BENJAMIN ONG  |  WEDNESDAY, 25 FEB 2009
... about his theory. When I wrote the piece, one reader commented that he could not see the transmission mechanism whereby taxpayers would see that far ahead to save money for expected future tax increases. At the time, I agreed that he could be correct. ...

China could own America

BENJAMIN ONG  |  TUESDAY, 24 FEB 2009
... State - that is it would control finance which is the lifeblood of the economy. Among notable US institutions, American taxpayers only own or control a large chunk of Fannie Mae, Freddie Mac and AIG. Perhaps taxpayers could give themselves interest free ...

Tax bonus triggers more co-contribution

MICHELLE BALTAZAR  |  WEDNESDAY, 4 FEB 2009
... every $1 contributed to super up to $1,000 with the maximum co-contribution capped at $1,500 each year. This means that taxpayers earning under $30,342 could make a $950 personal contribution to their superannuation fund, which the Government would then ...

Good Bank Bad Bank

BENJAMIN ONG  |  THURSDAY, 29 JAN 2009
... price. It risks holding them in its vault for a very long time or it may have to write them off eventually -- wasting taxpayers' money in the process. But surely the geniuses on Capitol Hill would have a Plan B for the bad bank to work. And for equity ...

All I want for Christmas is a job

BENJAMIN ONG  |  MONDAY, 8 DEC 2008
... number of Americans that will bring increased profits to Campbell Soup come Christmas time. And because these ordinary taxpayers' have to give part of their now non-existent income and drastically reduced wealth to bail-out the former fat cats of Wall ...

Ho hum

BENJAMIN ONG  |  WEDNESDAY, 26 NOV 2008
... economic environment changed with yet another bail-out? I don't think so. Many more companies are going to plea for US taxpayers' money as the financial crisis progresses. The big three US carmakers are next in line. Given Washington's response to Citi ...