U.S. Targets Excessive Pay for Top Executives

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Published in The Washington Post, June 11, 2009 by David Cho, Zachary A. Goldfarb and Tomoeh Murakami Tse

The Obama administration named a “compensation czar” yesterday to set salaries and bonuses at some of the biggest firms at the heart of the economic crisis, as part of a broader government campaign to reshape pay practices across corporate America.

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