It’s OK for executives at firms like Goldman Sachs ( GS ) to be paid well, at least according to the government. Taxpayers, the Obama administration, and congressmen may object to the rich compensation doled out by some investment banks, but those firms that have paid back their TARP funds are no longer restricted by caps on bonus and base salary packages. Continue reading Fannie and Freddie’s CEOs Score Big Paydays, and Pay Czar Can’t Interfere Fannie and Freddie’s CEOs Score Big Paydays, and Pay Czar Can’t Interfere originally appeared on DailyFinance on Thu, 24 Dec 2009 09:28:00. Filed Under: Company News , Economy , Fannie Mae , Goldman Sachs , American International Group , INC. Permalink | Tweet this! | Comments

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Fannie and Freddie’s CEOs Score Big Paydays, and Pay Czar Can’t Interfere

Here’s another bit of evidence that the nation’s factory sector is mending. Durable goods orders rose a seasonally adjusted 0.2% in November, the U.S. Commerce Department announced Thursday. However, the top-line 0.2% increase doesn’t convey the entire story. Taking away the often-volatile aircraft orders component, which dropped sharply in November, leaves the “core rate” with an impressive 2% jump. Continue reading Durable Goods Orders Post Strong November on Business Investment Durable Goods Orders Post Strong November on Business Investment originally appeared on DailyFinance on Thu, 24 Dec 2009 09:50:00. Filed Under: Economy Permalink | Tweet this! | Comments

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Durable Goods Orders Post Strong November on Business Investment

Existing home sales jump 10.1% in October

Filed under: Economy The nearly year-long positive trend in the U.S. housing sector is continuing. Existing home sales surged 10.1% in October to a seasonally adjusted annual rate of 6.1 million units, the National Association of Realtors announced Monday. That’s the highest level for existing home sales in more than two years. The consensus of economists surveyed by Bloomberg News had been for October existing home sales to come in at a 5.7 million unit annualized rate. The annualized existing sales number for September was revised to a 5.54 million units, and for August to 5.1 million units. Existing home sales are also up 23.5% in the past 12 months. Continue reading Existing home sales jump 10.1% in October Existing home sales jump 10.1% in October originally appeared on DailyFinance on Mon, 23 Nov 2009 12:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Existing home sales jump 10.1% in October