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Wall Street pans executive pay cuts

Treasury move at firms that got bailouts criticized as unfair

Posted: October 24, 2009 at 3:59 a.m.

The Obama administration’s moves to rein in executive pay sparked criticism on Wall Street on Friday, as lenders such as Bank of America Corp. said the measures may hurt the very companies the U.S. is intent on saving.

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Business, Pages 33 on 10/24/2009

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