bonus tax

Though most Americans wish that Congress would rein in excessive pay on Wall Street, that won't happen while the huge campaign contributions keep flowing. And the financial industry's big money shell game drains away something more precious from our society than money -- it siphons off talent.

It would appear that France and Britain are on the same page when it comes to bankers' bonuses. Their leaders certainly are -- literally. French President Nicolas Sarkozy and British Prime Minister Gordon Brown co-wrote an opinion piece in Thursday's Wall Street Journal calling for governments...

The U.S. Senate Monday night buried the controversial AIG (AIG) bonus tax bill, thehill.com reported. Senate Majority leader Harry Reid, D-Nevada, is likely to delay action on executive compensation until late April, after the Senate returns from a two-week recess. The Upper Chamber's response...