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Executive Pay Limits May Prove Minimal: Lawmakers Hail Plan, but Analysts Question Its Impact
The Washington Post; subscription may be required
Oct. 15, 2008
Excerpt: With the nation's largest banks set to receive an unprecedented infusion of public funds, lawmakers boasted yesterday that the top executives will for the first time face federal limits on their multimillion-dollar pay packages. But outside analysts and the banks themselves said the new limits are unlikely to significantly reduce anyone's paycheck.
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