Sep 10th, 2008 · Some shareholders are upset that the outgoing executives at Fannie Mae and Freddie Mac may receive big payouts after the federal government took over the troubled companies. They say it's an example of corporate executives receiving millions in compensation after dismal performances.
Apr 30th, 2008 · A lawsuit has targeted details of the settlement of a dispute between the U.S. and Canada over tariffs on Canadian lumber. At issue is a $1 billion payout that the Bush administration arranged to be made directly to U.S. timber groups.
Jul 16th, 2007 · In L.A. Superior Court on Monday morning, attorneys for clergy sex-abuse victims and for the archdiocese presented a $660 million settlement. Attorneys and advocates for the victims are skeptical of the timing of the settlement as they believe it was timed to prevent the trial that was set to go ahead that day.
Jul 14th, 2007 · The Roman Catholic Archdiocese of Los Angeles will settle its clergy abuse cases for at least $600 million, by far the largest payout in the church's sexual abuse scandal, The Associated Press learned.
Jun 7th, 2007 · Exiles from Castro's Cuba are using new technology to help them find their former homes in the island nation. Some file claims against frozen Cuban bank accounts in the United States for their losses. But coffers are running low after a few large payouts.
Mar 5th, 2007 · Four major radio broadcast companies have tentatively agreed to pay the government more than $12 million and provide thousands of hours of free airtime for independents and local artists. This is an effort to curb "payola," the practice of radio stations taking cash in exchange for airplay.
Nov 16th, 2006 · The Hertz rental car company is going public today. The deal is expected to bring a huge windfall to the company's owners. The Hertz IPO has raised eyebrows because of the expected payout for the private equity firms handling the deal and because of the short period of time they have owned the company.
Jun 24th, 2006 · As the General Motors Corp. struggles to become profitable again, a surprisingly large number of workers have agreed to take lump sum payouts to leave their jobs.