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Regulators Find That Banks Have Not Adjusted Pay Practices

Regulators Find That Banks Have Not Adjusted Pay Practices

A compensation review of 28 financial companies found that many of the bonus programs that economists said contributed to the financial crisis were still in place.

 

Goldman Bows to Pay Pressure

Goldman Sachs said its top 30 executives won't receive a cash bonus for 2009 and that shareholders will be given an advisory vote on executive pay.

 

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