The New York Times
Wed, October 21, 2009 -- 2:42 PM ET
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U.S. to Order Steep Pay Cuts at Firms That Got Most Aid
Responding to the growing furor over the paychecks of
executives at companies that received billions of dollars in
federal bailouts, the Obama administration will order the
companies that received the most aid to deeply slash the
compensation to their highest paid executives, an official
involved in the decision said on Wednesday.
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