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Fed To Review Compensation at Banks—Confidentially

by Editorial Staff

Wed, Oct 28, 2009

The Fed intends to cut executive pay at bailout recipients Citigroup, Bank of America, the American International Group, General Motors and Chrysler.

Labor Secretary Links Health Care Reform, Retirement Security

by Editorial Staff

Wed, Oct 28, 2009

“My own father, who had a stroke last year, has seen his prescription drug costs skyrocket," said U.S. Secretary of Labor Hilda Solis.

Life Insurance and Annuities Excluded from CFPA Jurisdiction

by Editorial Staff

Wed, Oct 28, 2009

The Insured Retirement Institute testified that given the current regulatory protections, adding another layer of regulation to the insurance industry is unnecessary.

It’s the Year of the Un-COLA for Social Security

by Editorial Staff

Wed, Oct 28, 2009

Last year, by contrast, beneficiaries received a 5.8% COLA, as spiking gas prices triggered the largest increase since 1982.

One-Third of Health Care Spending Wasted

by Editorial Staff

Wed, Oct 28, 2009

“By attacking waste, health care costs can be reduced without adversely affecting the quality of care or access to care,” said Robert Kelley of Thomson Reuters.