Australia’s Environment Minister Garrett demoted after scheme bungle
AAP, 26 February 2010 ENVIRONMENT Minister Peter Garrett has been demoted, with Prime Minister Kevin Rudd stripping him of responsibility for the troubled household insulation scheme. Mr Rudd says there had been some "serious problems" with the program's implementation, but has resisted calls to sack Mr Garrett over the bungled...
Citigroup CEO Pandit Took Home Just $128,751 Last Year
Associated Press, 27 February 2010 Citigroup Inc. CEO Vikram Pandit received $128,751 in compensation for 2009 as the bank suffered huge losses on risky investments and failing consumer loans, according to an Associated Press analysis of a regulatory filing disclosed Friday. Pandit agreed in February 2009 that he would only...
Chinese Premier Wen Jiabao vows to tame “wild horse” of skyrocketing housing prices
Xinhua News Agency, 27 February 2010 Chinese Premier Wen Jiabao on Saturday said he was determined to tame the "wild horse" of the country's soaring housing market and to keep the prices at a reasonable level within his term as Premier. Wen made the pledge in response to netizens' complaints about soaring housing prices during...
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