Nice (Government) Job if You Can Get It

A new CBO study undercuts the argument from progressive policy shops and union leaders that government workers make less money than their counterparts in the private sector.



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Senate: Political Intelligence Operatives Must Register Like Lobbyists

The Senate passed an amendment on Thursday that forces operatives who collect political intelligence in Washington for sale in the banking industry or on Wall Street to register in the same way as lobbyists do.



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Citi's Paper Gains

Two-thirds of Citigroup's (NYSE:C) $21.9 billion in total net income for the last two years came from an accounting maneuver.  



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Thomas Cook To Sell Indian Foreign Exchange Business-Report

Travel company Thomas Cook Group PLC (TCG.LN) has hired Credit Suisse Group AG (CS) to sell off its Indian foreign exchange business, The Sunday Times reported without citing sources.



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Lower Your 'State of the Union' Expectations

EMac: As President Obama gears up to address the nation Tuesday night, it's important to keep in mind that he has made all sorts of promises that didn't pan out.



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Goldman's Blankfein Receives $7.2 Million Stock Award For 2011 -Filing

Goldman Sachs Group Inc. (GS) granted Chief Executive Lloyd Blankfein restricted stock valued at $7.2 million as of Friday's close as part of his 2011 compensation.



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The Accounting Moves that Goosed Citi's Profits

FBN's Liz MacDonald says Citigroup goosed its profits higher by booking outsized paper gains from an accounting trick that's legitimate under current rules and by releasing loan loss reserves into earnings.



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INDABA: Anglo Pacific Carves Out Niche In Mining Sector Via Royalties

U.K.-listed Anglo Pacific PLC (APF.LN ) is a rare breed for a mining sector-focused company.



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Orica Says Ready To Resume Restart Of Koorangang Island Plant

Chemicals and explosives maker Orica Ltd. (ORI.AU) said Sunday it is ready to resume the restart of its troubled Koorangang Island ammonia plant north of Sydney after repairing one of the plant's compressors.



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Republican Response to President's State of the Union

President Barack Obama will focus not on economic growth, but more on economic fairness in his State of the Union address tonight.



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EBRD Mirow: Greek Growth Needed Or Debt Cuts Won't Suffice-Report

Greece urgently needs to kickstart economic growth or debt reduction alone won't be enough to put the euro-zone member on a sustainable footing, the head of the European Bank for Reconstruction and Development told Italian daily La Stampa in an interview published Thursday.



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Taxpayers Still on the Hook for $133B from Bailouts

The federal overseer of the government's bank bailout program says taxpayers are still owed $132.9 billion on investments in 458 bailed-out banks and companies. 



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Should Taxpayers Foot the Bill for Oil Spills?

Taxpayers have footed oil companies' cleanup costs for decades. But a new bill would abolish write-offs oil companies take on their tax returns for the costs of cleaning up their oil spills.



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Pakistani Bidder Emerges For Retailer Peacocks - Report

Alshair Fiyaz, a Pakistani textile billionaire, is working on a bid for collapsed clothing chain Peacocks, The Sunday Times reported without citing sources.



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China Sovereign Fund Cuts 3 Banks' Dividend Ratios to 35%

The domestic investment arm of China's sovereign-wealth fund said Friday it will allow three major Chinese lenders in which it owns stakes to cut their dividend ratios by 5 percentage points to 35% in 2011.



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Buffett to Match Lawmaker's Donation to Debt

In a letter FBN has obtained, Buffett writes 'he is delighted to match' Republican Virginia Rep. Scott Rigell's 2011 and 2012 donation.



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The Truth About the Federal Tax Burden

EMac: There was little mention in the State of the Union address of how the government has wasted your tax money and how the government needs more of your money just to pay the interest costs on U.S. debt.



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Xstrata Investors Seek Premium In Glencore Merger Talks -Report

(Adds details from The Sunday Times report in paragraphs 7-9; comment in final paragraph.)

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Malaysia Sets 2012 Duty-Free CPO Export Quota At 3.6 Million Tons -Sources

Malaysia, the world's No. 2 palm oil producer has set its duty-free export quota for crude palm oil at 3.6 million metric tons for the year ahead after several weeks of delay, industry executives said late Saturday.



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