Archive for February 14th, 2009

Congress strengthens executive pay limits (AP)

Written by on Saturday, February 14th, 2009 in Latest News.

Treasury Secretary Tim Geithner, left, shakes hands with Senate Banking Committee Chairman Sen. Chris Dodd, D-Conn., right, on Capitol Hill in Washington, Tuesday, Feb. 10,2009, prior to testifying before the committee. From left are, Geithner, Sen. Robert Bennett, R-Utah, Den. Daniel Akaka, D-Hawaii, the committee's ranking Republican Sen. Richard Shelby, R-Ala. and Dodd. (AP Photo/Susan Walsh)AP – President Barack Obama’s economic team tried to keep Democratic allies negotiating the stimulus bill from limiting paychecks for executives at banks in need of a bailout. Treasury Secretary Timothy Geithner and economic aide Lawrence Summers failed.

Original post by AP and software by Elliott Back

Obama to sign $787 billion stimulus bill Tuesday (AP)

Written by on Saturday, February 14th, 2009 in Latest News.

Sen. Sherrod Brown, D- Ohio, pauses in the elevator after arriving on Capitol Hill from his mothers wake in Ohio to cast the final vote to pass the stimulus bill Friday, Feb. 13, 2009 in Washington.   (AP Photo/Evan Vucci)AP – Savoring his first huge victory in Congress, President Barack Obama on Saturday celebrated the newly passed $787 billion economic stimulus bill as a “major milestone on our road to recovery.”

Original post by AP and software by Elliott Back

Australia remembers dead as wildfires continue to rage (AFP)

Written by on Saturday, February 14th, 2009 in Latest News.

Smoke billows from fires raging in Wilson's Promontory National Park, 190km southeast of Melbourne on February 14. Australian firefighters have joined sombre memorial services, a week after raging walls of flame incinerated rural towns and killed at least 181.(AFP/Paul Crock)AFP – Australian firefighters in ash-covered overalls joined sombre memorial services Sunday, a week after raging walls of flame incinerated rural towns and killed at least 181.

Original post by AFP and software by Elliott Back



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