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Paid For Failure

Written by ray on September 26, 2008 - 0 Comments
Categories: corporate america

According to Fox News Washington Mutual’s new CEO will be paid $20 million for his 17 days on the job before his company collapsed. MSNBC.COM lays out a scenario where taxpayers could pay billions. U.S. taxpayers, meantime, could end up shouldering billions of dollars worth of shaky mortgages and other investments that contributed to WaMu’s [...]

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