Obama Plans Exec Pay Overhaul, Tough Rules Leave Top Spots Empty, JPMorgan Plans Jet Purchase
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Obama Plans Exec Pay Overhaul » The Obama administration this week will call for increased oversight of executive pay at all banks, Wall Street firms and possibly other companies as part of a sweeping plan to overhaul financial regulation, government officials said. — International Herald Tribune
Ethics Rules Leave Top Spots Empty » To fight the old revolving-door culture, President Obama decreed that administration jobs could no longer be used as steppingstones to more-lucrative lobbying jobs. But of the top 373 open slots that require Senate confirmation, Obama has been able to fill only 43 so far. A superstrict vetting process has weeded out or driven off some otherwise very qualified candidates. — Newsweek
JPMorgan Plans Jet Purchase » Embattled bank JPMorgan Chase, the recipient of $25 billion in TARP funds, is going ahead with a $138 million plan to buy two new luxury corporate jets, according to ABC News. A JPMorgan Chase spokesman said no TARP money would be used to make any payments for new jets or jet hangar improvements. — ABC News
Tardy Paperwork Can Be Deadly for Inmates » Three men on Texas' death row -- and six others already executed -- lost their federal appeals because attorneys failed to meet life-or-death deadlines, essentially waiving the last constitutionally required review before a death sentence is carried out. — Houston Chronicle
After the jump...
BEST OF THE REST
» Palin considers defense fund for half million in legal bills (ADN)
» Madoff E-Mails Include Familiar Republic of Congo Missive (TPM)
» Use of border security funds in Texas questioned (American-Statesman)
» Report Cites Accounting, Security Gaps by DC Metro (WaPo)
» GAO: Fraudulent fish easily slip into food stream (USAT)
» Report: Israel violated medical ethics in Gaza (AFP)
By Amanda Zamora |
March 23, 2009; 9:58 AM ET
The Daily Read
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Unfortunately I believe that we are limited in what we can focus on. I think that if we proceed with the partisan sideshow of prosecuting Bush admin. officials, healthcare will get lost in the brouhaha.
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