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Nine of the financial firms that were recipients of federal bailout money paid about 5,000 of their traders and bankers bonuses of more than $1 million apiece for 2008, according to a report released Thursday by the New York attorney general. The report is certain to intensify the growing debate over how, and how much, Wall Street bankers should be paid.

Originally posted on July 24 at http://dirtdiggersdigest.org/archives/703.

Near the town of La Jagua, overlooking the Magdalena River, the landscape is dotted with concrete markers declaring the land, river, and everything else a "public utility" that Colombia has given to the energy company Emgesa as part of the Quimbo Hydroelectric Project. A construction permit was granted in May, with the dam scheduled for full operation by 2014.

New York Attorney General Andrew Cuomo has warned Charles Schwab & Co. that his office plans to sue the firm for civil fraud over its marketing and sales of auction-rate securities to clients. Emails and testimony cited in the letter show Schwab's brokers had little idea of what they were selling and later failed to tell clients that the market was collapsing.

Last February, the town of Shapleigh, Maine, population 2,326, passed an unusual ordinance. Like nearby towns, Shapleigh sought to protect its aquifers from the Nestle Corporation, which draws heavily on the region for its Poland Spring bottled water. Shapleigh tried something new. At a town meeting, residents voted to endow all of the town's natural assets with legal rights.

In Colchester, Essex, John and Alfred Donovan are compiling perhaps the world's largest dossier on Royal Dutch Shell, at royaldutchshellplc.com. It's an awkward position for Shell, this month crowned by Fortune magazine as the world's largest company, as trying to shut the website down would draw even more attention to it.

In Colchester, Essex, John and Alfred Donovan are compiling perhaps the world's largest dossier on Royal Dutch Shell, at royaldutchshellplc.com. It's an awkward position for Shell, this month crowned by Fortune magazine as the world's largest company, as trying to shut the website down would draw even more attention to it.

Business and trade-group lobbyists are beating a path for the first major battle over the Obama administration's efforts to overhaul the financial regulatory system. Recent discussions have involved the American Bankers Association, National Auto Dealers Association, U.S. Chamber of Commerce, Mortgage Bankers Association and other lobbyists.

The Department of Justice has begun an initial review to determine whether large U.S. telecom companies such as AT&T Inc. and Verizon Communications Inc. have abused the market power they've amassed in recent years. The DOJ's antitrust chief has said she wants to reassert the government's role in policing monopolistic and anti-competitive practices by powerful companies.