President Obama will have his showdown on Wednesday with BP top executives and says he will tell the company it must pick up the tab for the massive oil disaster in the Gulf. Read more: Obama, BP set for Gulf oil showdown See more here: Obama, BP set for Gulf oil showdown
Also tagged gulf, massive, massive-oil, obama, oil-showdown, president, president-obama, showdown, showdown-on-wednesday, the-tab, Uncategorized, will-have, will-tellNEW YORK (Reuters) – Former Vivendi CEO Jean-Marie Messier told a U.S. jury he “never, never, never” committed fraud as he took the stand on Friday in a civil trial pitting international shareholders against the French conglomerate and former top executives See original here: Ex-Vivendi CEO Messier testifies: Losses not fraud
Also tagged a-civil-trial, against-the-french, ceo, civil-trial, former, former-vivendi, friday, not-fraud, original-here, stand, took-theAmerican International Group’s plan to pay millions in retention bonuses to top executives caused a political firestorm a few months ago. Both the company and federal officials are hoping to avoid another fiasco. AIG has asked the Obama administration’s new “compensation czar” to approve the bonuses to shield the company from a public backlash. The Treasury Department says the consultation process is just getting under way. » E-Mail This » Add to Del.icio.us
Also tagged and-federal, asked-the-obama, avoid-another, bonuses, consultation, few-months, international, obama, officials-are, treasuryReuters – UBS AG Chief Executive Oswald Gruebel sent a memorandum to the bank’s top executives on Thursday saying the bank could not comply with a U.S. Original post: CORRECTED: Gruebel: UBS cannot comply with U.S. request: source (Reuters)
Also tagged bank, chief, chief-executive, executives-on-thursday, gruebel, not-comply, oswald, oswald-gruebel, saying-the, saying-the-bank, the-bank, thursday, ubs