Irked by the absence of any senior central law officer during the hearing of ED plea to cancel Hasan Ali Khan`s bail in a money
laundering case, the Supreme Court threatened to vacate its stay on his bail.
AIG, the insurer that received a huge government bail out, said on Friday it is paying USD 12.1 million in retention awards to some top executives after US pay czar Kenneth Feinberg gave it the green light.
As Congress intensified its work rewriting the nation`s financial rule book over the last three months, some big recipients of the government`s USD 700 billion bailout spent a bit less trying to influence legislators.
Billions of dollars of taxpayers` money may have bolstered Wall Street giants in fighting the financial turmoil but stocks of many such entities like Citigroup have plunged 75 percent in just one year.