US president Obama, Congress call for blocking of executive bonuses at AIG insurance company

Wednesday, March 18, 2009 United States President Barack Obama stated Monday that insurance giant AIG is in financial trouble due to “recklessness and greed,” and called for legal action to stop the company from giving out millions of dollars in bonuses to its executives. “It’s hard to understand how derivative traders at AIG warranted any […]

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Bank of America leads Consumer Financial Protection Bureau complaints about mortgages

Thursday, October 3, 2013 A review this week by Wikinews of US Consumer Financial Protection Bureau (CFPB) complaints about mortgages in the United States shows Bank of America leads all lending institutions in complaints. Since mortgages complaints were recorded in December 2011, 77,622 total have been added to CFPB’s database. 29.2% of these complaints involved […]

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NASA van rolls off California mountain

Wednesday, December 8, 2004 LOS ANGELES — A commuter van (Van Pool No. 36) from the National Aeronautics and Space Administration’s Jet Propulsion Laboratory (JPL) plunged 200 feet into a ravine in the Angeles National Forest this morning. The van was carrying ten people: six JPL employees, two NASA employees, and two private contractors. They […]

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