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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Feb 05, 2009

Page

14

Obama to executives cap pay for bailout access

President Obama pressed a 500000 salary cap on top executives from companies seeking bailouts, framing it as a curb on a reckless culture. The limit targets distressed firms, would exclude retroactive cases, and likely affect only a handful of leaders at five major recipients.

Obama Washington Barack Obama Wall Street Las Vegas U.S Chrysler LLC General Motors Corp American International Group Inc Bank of America Corp Citigroup Inc

Unemployment Rises Across Metro Areas Amid Downturns

The Labor Department notes December jobless rates up in 98 percent of large U.S. metros as factory ties to housing and auto sectors weigh on hiring. More than 100000 jobs cut. January expected to hit a 17 year high.

Washington Midwest Labor Department Heather Allen Elkhart Ind John Challenger Challenger, Gray & Christmas Barack Obama Congress

Lawmaker says SEC hindering House's Madoff investigation

Lawmakers at a House Financial Services hearing accused the SEC of blocking their Madoff probe. Whistleblower Harry Markopolos warned of safety fears and promised new evidence that Madoff acted with others. Regulators vowed caution due to ongoing investigations.

Washington — House Securities and Exchange Commission The Bernard Madoff SEC House Financial Services Subcommittee Madoff Harry Markopolos Pennsylvania Paul Kanjorski Kanjorski Linda Thomsen Markopolos Securities Industry Financial Industry Regulatory Authority Mary Schapiro Barack Obama

Detroit Three's U S market share hits record low in January

Detroit automakers GM Chrysler and Ford saw their U S market share fall to just under 43 percent in January, a record low, as fleet sales vanish, financing tightens and Asian rivals offer rebates. Analysts cite lingering customer anxiety about Detroit's future and a continued shift toward foreign brands.

Detroit Detroit Three U.S General Motors Corp Chrysler LLC Chrysler Ford Motor Co Ward AutoInfo Bank Ford Detroit Auto Joe Barker CSM Worldwide Northville Mich George Pipas Mark Cline

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