Nearly three months after American International Group (AIG Quote) bonuses provoked an angry reaction in Congress, the Obama administration is ready to issue broad new principles on how to compensate top financial sector executives.
Continue reading Obama to set new compensation guidelines for TARP Funds

The vast majority of his mutual fund holdings are in the Vanguard FTSE Social Index fund (VFTSX).

According to the Vanguard site, the fund consists of mostly U.S. large and mid-sized companies that meet certain social and environmental criteria. The index tracks the performance of the FTSE4Good US Select.
Continue reading Obama’s mutual fund

In turn, Obama said, the government would offer a tax cut to companies that do their research and development in the United States. And that will “jump-start job creation,” he said.

Among the changes Obama wants is to require U.S.-based multinationals to defer taking deductions on expenses related to their foreign operations until they bring back the profits to the United States and pay U.S. income tax on them.
Continue reading Obama tax plan for U.S. multinationals