NEW YORK (Reuters) - GMAC Chief Executive Al de Molina has resigned, and will be replaced by Michael Carpenter, the troubled lender said on Monday. Full Article

The New Yorker's Atul Gawande has an excellent piece this week about why healthcare costs vary from one city to another. Gawande focuses on the cultural reasons behind geographical differences in healthcare ... Full Article | Comments [1]

Who would be willing to work for $500,000 a year? According to Maurice "Hank" Greenberg, nobody talented. The former American International Group Inc chief executive believes that government steps to curb ... Full Article | Comments [18]

Barack Obama may be looking to boost marginal tax rates for the wealthiest 5 percent of Americans, but that doesn't mean the wealthy are shunning the candidate, said Richard Feurtado, BlackRock's head ... Full Article | Comments [5]
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