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By Rejecting Severance, AIG's Ex-CEO Shines a Light on Executive Pay Debate
Workforce Management 
Oct. 1, 2008
Excerpt: The government's role in saving AIG from bankruptcy last week may have put pressure on Willumstad to forgo the severance, some observers say, especially since he served as CEO for only three months. But his action has brought more attention to the heated debate over the appropriate level of compensation for CEOs of failing companies.
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