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Obama Holds Town Hall in Strasbourg, France

Posted in Main Blog (All Posts) on April 4th, 2009 4:32 am by HL

Obama Holds Town Hall in Strasbourg, France
PRESIDENT OBAMA: (Extended cheers and applause.) Hey! Thank you! Thank you so much. Good afternoon. Bon apres-midi — (cheers, applause) — and guten tag.

White House Economics Aide Summers Discloses Income
Lawrence H. Summers, one of President Obama’s top economic advisers, collected roughly $5.2 million in compensation from hedge fund D.E. Shaw over the past year and was paid more than $2.7 million in speaking fees by several troubled Wall Street firms and other organizations.

Administration Seeks an Out on Bailout Rules for Firms
The Obama administration is engineering its new bailout initiatives in a way that it believes will allow firms benefiting from the programs to avoid restrictions imposed by Congress, including limits on lavish executive pay, according to government officials.

Last Holdout Governor Agrees to Accept Stimulus Aid
South Carolina Gov. Mark Sanford backed down yesterday from his standoff with the White House over stimulus funding, becoming the last governor in the nation to officially announce that his state will accept economic recovery aid.

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