AIG CEO ready to quit over pay constraints
After just three months as head of battered insurer American International Group, Robert Benmosche has threatened to leave his post as he struggles to deal with heavy government oversight and restrictions on what the bailed-out company wants to pay employees, according to a published report.
AP-GfK Poll: Country in a funk (AP)
AP – The euphoria of 2008 is over: America is in a funk.
Blackwater Said to Approve Iraqi Payoffs After Shootings
Former executives said it was unclear if the payoffs of about $1 million were made, but the goal was to hush criticism and buy support after 17 civilians were killed in 2007.
Family may have tried to sell baby, documents say
The family of a Tennessee woman whose newborn was kidnapped is under investigation for possibly trying to sell the baby, according …
Billions in US aid never reached Pakistan army (AP)
AP – The United States has long suspected that much of the billions of dollars it has sent Pakistan to battle militants has been diverted to the domestic economy and other causes, such as fighting India.
Mending Fences for 2 Asian Leaders
The North Korean leader, Kim Jong-il, held talks with the visiting prime minister of China, Wen Jiabao, as his government tried to mend ties with Beijing.
Several mortgage firms getting federal funds have spotty records (McClatchy Newspapers)
McClatchy Newspapers – WASHINGTON — Several firms now participating in the Treasury’s program to modify troubled mortgages have run into problems with federal or state regulators for their treatment of their customers over the years. Included are:
