“Crisis” on The Daily Caller

Banker compensation is out of tune with the public sentiment towards banks and their role in the financial crisis, former US Treasury Secretary Henry Paulson told CNBC in an interview. (more)

More than eight years after the deadly 2001 anthrax attacks, the United States is still unprepared to respond to a major biological terror attack, a congressionally appointed commission said Tuesday in a report that gave the federal government mixed grades overall for protecting Americans from the threat of weapons of mass destruction. (more)

ATHENS, Greece (AP) — Greece’s cabinet on Thursday approved an economic recovery plan promising to drastically reduce its huge budget deficit to 2 percent of annual output in 2013, and warned it could hit Greeks with additional taxes and spending cuts if needed. (more)

ATHENS, Greece (AP) — Greece’s cabinet on Thursday approved an economic recovery plan meant to reduce profligate budget overspending to 2 percent of annual output in 2013, through spending cuts and a mainly tax-driven boost in state revenues. (more)

REYKJAVIK, Iceland (AP) — The Icelandic government introduced a bill Friday on holding a national referendum over repayment of $5.7 billion demanded by Britain and the Netherlands for depositors’ money lost in failed Icelandic banks. (more)

LOS ANGELES (AP) — Sumner Redstone’s holding company, National Amusements Inc., is selling its Russian theater chain to Redstone’s daughter and other investors in a further move to pay down its debts. (more)