Business & Politics

Sen. Grassley Hammers Paulson on Bailout Implementation (11/18/2008)

The ranking member of the Senate Finance Committee Sen. Chuck Grassley (R-Iowa) has sent a letter to Treasury Secretary Henry Paulson and Federal Reserve Board Chairman Benjamin Bernanke questioning the changes in the way taxpayer money has been used in the bailout bill known as the Emergency Economic Stabilization Act (EESA) of 2008... Full Story

Bush Picks Federal Prosecutor to Oversee Bailout (11/18/2008)

On Friday November 14, President Bush picked a federal prosecutor in New York to be a Treasury-based special inspector general to oversee the massive $700 billion financial rescue plan... Full Story

Presidential Panel Announces New Oversight of Credit Default Swaps (11/18/2008)

Federal officials acted to increase oversight of credit default swaps and place controls on derivative instruments in a series of steps announced by the President’s Working Group on Financial Markets to reduce systemic risk and provide greater transparency in the markets... Full Story

The Power of “Thank You” (11/18/2008)

First year renewals are an important part of your business and even a modest “thank you” card can help you retain these new customers... Full Story

AIG Bailout Reworked, Fed Ups Support to $150B, Interest Rate Lowered (11/10/2008)

The U.S. government dramatically boosted its bailout of insurer American International Group Inc. and eased the terms of its loans to the company on Monday after an initial rescue plan failed to stabilize the company... Full Story

Our Nation’s Financial Crisis – What It Means to Agents (11/10/2008)

PIA National Senior Vice President Patricia A. Borowski has written an analysis of the potential impact on the insurance industry of the current financial crisis and the federal efforts to relieve it... Full Story

House Financial Services Leadership to Remain Much the Same (11/10/2008)

The Democratic leadership of the House Financial Services Committee is expected to remain unchanged in the next Congress... Full Story

Sen. Dodd Will Continue as Senate Banking Committee Chairman (11/10/2008)

Senate Banking Committee Chairman Christopher Dodd (D-Conn.) said that he would continue as chairman into the 111th Congress... Full Story

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