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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 Sachs 2009 pay up, profit soars

Goldman Sachs Group Inc. dished out 47 percent more in pay and bonuses to its employees in 2009 versus the previous year.

 

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