Tuesday, April 21, 2009

NYT: article summary

Fed Cheif Calls for Scrutiny of Executive Pay Policies
Mar. 21, 2009

Ben Bernanke stated that regulators need to better monitor the financial stability and compensation policies of companies too big to fail, such as AIG and Citigroup. After AIG received $170 billion in government aid the company paid out $165 million in bonuses to executives. In rebuttal, Bernanke sought out legislation and passed a bill that would tax bonuses paid out this year by companies that received government aid at a rate of 90%. Bernanke believes management compensation policies should be aligned with the long-term prudential interests of the company.

Tuesday, April 14, 2009

Outline For Final Paper

Thesis:
How does the media represent the role of gov. when it intervenes in capitalism?
Why does government help capitalism
What written laws are there about government involvement with capitalism
What rights and responsibilities does this give the government

Supporting Evidence
Method for analysis
Argument of media
Argument of public

Objects of Analysis
5 days of of news covered in the New York Times regarding the AIG crisis
5 days of of news covered on Democracy Now
Perspectives of Rush Limbaugh and Bill O'Reilly on the same subject

Questions For Research

1. How do I find 5 days for the AIG Scandal in NYT?
2. What key words should I use to find information on laws written about governments role in capitalism?
3. How can I find research information about my subject from a Rush Limbaugh perspective?