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Reuters: Bank of America to pay mortgage head more than CEO got in '07

Started by chris, March 28, 2008, 07:01:03 PM

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chris

Bank of America to pay mortgage head more than CEO got in '07
      


NEW YORK (Reuters) - Bank of America Corp  agreed to pay David Sambol, COO of takeover target Countrywide Corp , more than its own CEO received in 2007 to encourage him to lead the bank's consumer mortgage business.
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