Where is the Stimulus Money going?

Resources  if you want to dig in deep.

Find out how the government is accounting for our tax dollars.

Cool graphic of all the money allocated last fall:

Tracking TARP money:

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“Hey Big Spender! Spend Some Time…” Thinking About Where Your Money Is Coming From

My biggest question about the economic crisis? What is the government going to do to prevent all of the bail out money (tax payers money) from going to pay for large bonuses and extravagant corporate “conferences”? Continue reading

What is wrong here?

“Retention bonuses” would seem to be bonuses by any other name.  Obviously, public and political scrutiny is at super high levels as we reel from the financial crisis.

This little nugget caught my eye about a joint venture between Citigroup and Morgan Stanley:

According to the newspaper [The WSJ], not all of the joint venture’s 20,000 brokers would get retention payments. It said a broker who brought in $1 million in revenue last year might expect to get $500,000 to $1 million, depending on how much he continues to produce.

Continue reading