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Reuters: Paulson gives ground, says bailout must address CEO pay

Started by chris, September 25, 2008, 02:06:29 AM

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chris

Paulson gives ground, says bailout must address CEO pay
      


WASHINGTON (Reuters) - U.S. Treasury Secretary Henry Paulson agreed on Wednesday that a proposed $700 billion proposal to bail out financial firms must be modified to put some limits on the paychecks of executives whose firms use it.
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