Geithner: AIG must pay back bonus money

Insurance giant AIG will have to return to the Treasury Department the $165 million it just paid out in executive bonuses, Treasury Secretary Timothy Geithner said Tuesday in a letter to congressional leaders. “We will impose on AIG a contractual commitment to pay the treasury from the operations of the company the amount of the retention awards just paid,” Geithner wrote

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Drowning islands warn of future perils for ‘environmental refugees’

There is one holiday destination that should shake the faith of even the most vehement climate change skeptic: the Carteret Islands, part of Papua New Guinea, located northeast of Bougainville. The palm trees sway gently under a balmy sun, the beaches are perfect, and stretched out as far as the eye can see is the wide blue of the Pacific Ocean.

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Taliban threaten to kill aid workers as spies

A top Taliban commander has issued a new threat to foreign aid workers, saying that under the insurgent group’s new "constitution" they will execute them as spies or hold them in exchange for the release of Taliban fighters. In an exclusive telephone interview Friday night with CNN, Mohammed Ibrahim Hanafi said the Taliban intelligence wing was actively gathering information on foreign aid workers. “If we get someone, that is how we will deal with it under our new constitution,” he said

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Massacre Raises Issue of Gun Control in Europe

Europeans might once have viewed massacres at educational institutions as a uniquely American scourge, but they no longer have that luxury: Friday found Germany still mourning the 16 victims of Wednesday’s carnage in Winnenden, while Scotland marked the 13th anniversary of Europe’s first mass school shooting, the bloodbath at Dunblane in which 16 grade-school students and their teacher were mowed down by a lone gunman. Clearly, Europe has a problem to which there’s no simple solution. “When you compare us to countries with enormous gun ownership like the U.S., it’s obvious we’re less vulnerable to gun violence,” says Christophe Soullez, chief of France’s National Observatory on Delinquency

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Credit Problems Are Climbing the Income Scale

For years, the typical caller at CareOne Credit, one of the biggest debt counseling outfits in the nation, has been a woman in her 30s with a family income of $30,000 to $35,000 and a credit score around 550 . In the past two months, though, the people at CareOne have noticed a shift. It’s still women who usually get stuck making the call, and the age range isn’t dramatically different

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