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Executive Pay To Be Cut At Bailed Out Firms

by John Ydstie, NPR
October 22, 2009

The Obama administration is set to dramatically cut compensation for top executives at the seven firms that received the most government bailout money. Some companies that received bailout money will continue to pay their executives large sums, but those are the ones that already have paid the government back. The administration pay czar Kenneth Feinberg will unveil a plan in the next few days.

Broadcast Dates

  • Morning Edition, October 22, 2009
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