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AIG CEO ready to quit over pay limits

AIG CEO ready to quit over pay limits

After just three months as head of American International Group, Robert Benmosche has threatened to leave his post as he struggles to deal with heavy government oversight.

 

House passes bill to limit executive pay

House passes bill to limit executive pay

The House of Representatives is considering legislation Wednesday that would grant Treasury Secretary Timothy Geithner the authority to ban future "unreasonable and excessive" compensation at companies receiving federal bailout money.

 

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