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Reuters: WaMu changes executive bonuses, has $1.14 bln loss

Started by chris, April 15, 2008, 11:49:05 PM

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chris

WaMu changes executive bonuses, has $1.14 bln loss
      


NEW YORK (Reuters) - Washington Mutual Inc , under pressure from investors and governance experts, has reversed a decision to ignore mortgage losses in awarding performance bonuses to top executives, including Chief Executive Kerry Killinger.
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