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Bailout news from FierceCIO

News

Stimulus plan includes $100 billion for IT

A technology group identified billions of dollars in the stimulus plan for technology last week, but used the occasion to criticize the law for restricting companies receiving bailout money from Read more...

The Senate moves toward H-1B curbs

The U.S. Senate, last Friday headed toward imposing restrictions on the hiring of H-1B workers by financial services firms that receive federal bailout funds, but the legislation fell short of what Read more...

Would you take a pay cut?

On Wednesday, President Obama announced a salary cap of $500,000 for top executives at companies that receive large chunks of money from the stimulus package. His action came partly in response to Read more...

Congress passes, President signs $700 billion financial bailout bill

The House of Representatives passed the $700 billion bailout bill to help keep the U.S. economy afloat and shore up the nation's stressed out financial industry. The 263-171 vote by the House then Read more...

Rejection of $700B Wall Street bailout slows house server to a crawl

As the House of Representative narrowly rejected the $700 billion Wall Street bailout bill on Monday, another kind of carnage occurred amid the ensuing stock market plunges around the world; millions Read more...

Press Releases

Federal Agencies Could Save Billions by Switching to the Cloud

RightNow “Safe Switch” Helps Federal Government Meet Stringent Certification and Accreditation to Move into RightNow’s Secure Cloud Today WASHINGTON--(BUSINESS WIRE)-- Willard Hotel — RightNow Read more >>