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Geithner: Pay Changes Ahead for Bank Execs

By Kevin Spak, Newser Staff

Posted May 22, 2009 12:09 PM CDT

(Newser) – The Obama administration intends to push for “very, very substantial change,” in the way Wall Street pays executives, Treasury Secretary Tim Geithner tells Bloomberg. “I don’t think we can go back to the way it was,” he said, arguing that... Read full story »

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Geithner: Pay Changes Ahead for Bank Execs

executive compensation • bonuses • financial sector • bank regulation • banking industry • Timothy Geithner • executive bonuses

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More Newser Stories

Wall Street Bonuses to Plummet

Falling revenues behind expected 40% plunge

Pay Czar to Cap More Executive Salaries

Banks scramble to repay feds, free themselves from pay curbs

UK Weighs Super-Tough Bank Bonus Laws

Banks to be ordered to reveal numbers of millionaire staff

Goldman Exec: Pay Inequality Is Good for All

Soaring Wall Street bonuses should be tolerated for economy's sake

US Weighs Shaving Bankers' Pay

Planned rules may apply to banks that weren't bailed out

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