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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