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Bailout Execs To Lose Up To 90 Percent Of Pay

By Christopher Norton (October 21, 2009, 6:55 PM EDT) -- The Obama administration's executive pay czar has reportedly decided to cut compensation by as much as 90 percent for the 25 top executives at seven companies — including Bank of America Corp., Citigroup and General Motors Co. — that received large amounts of federal bailout money from the Troubled Asset Relief Program....

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