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Obama Caps Pay For TARP Execs At $500K

By Evan Weinberger ( February 4, 2009, 12:00 AM EST) -- President Obama followed up on his comments last week — that banks receiving federal assistance paying billions of dollars in bonuses was the "height of irresponsibility" and "shameful" — by announcing Wednesday stricter executive compensation rules for financial institutions that benefit from government aid....

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