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German Corporations Trim Retired Executives' Perks
The Wall Street Journal; subscription may be required Feb. 26, 2008
Excerpt: After decades of extending such perks as chauffeurs and secretaries to retired executives, Germany Inc. has begun tapping the brakes. That represents a behind-the-scenes revolution in Europe's largest economy, where the old guard traditionally enjoys plenty of privilege and pull long after leaving the executive suite.
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