Washington Post : With financial markets booming even as Main Street is still largely mired in recession, policymakers in Washington on Thursday were scrambling to contain growing populist anger by proposing new rules to curb runaway pay on Wall Street. Treasury pay czar Ken Feinberg ordered big cuts in base salaries and perks at General Motors, Citigroup and a handful of other firms that were kept alive only through the government’s extraordinary intervention.

October 23rd, 2009
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