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Archive Home > 2009 > August > 10 > Plan to limit executives’ pay hits snag

Plan to limit executives’ pay hits snag

As bailed-out firms face federal review, companies revive guaranteed bonuses

By The Associated Press By Eric Dash / The Bulletin
August 10, 2009

On Wall Street, banks have become so eager to lure and keep top dealmakers and traders that they are reviving the practice of offering ironclad, multimillion-dollar payouts " guaranteed, no matter how an employee performs.

The resurrection of the guaranteed bonus is sure to become a....

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