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Fed developing plan to vet bankers' pay

Posted: September 19, 2009 at 2:52 a.m.

In the latest response to criticism that it failed to crack down on risky lending, reckless gambles and other practices that led to the financial crisis, the Federal Reserve is drafting a plan that would, for the first time, police banks' pay policies.

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Front Section, Pages 1, 8 on 09/19/2009

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