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Corporate & Securities Law

: Business Law Prof Blog

Investment Banks Use Bailout Money for Executive Pay??

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Goldman Sachs will pay $12.4 billion in executive bonuses after receiving $12.5 billion in bailout funds from TARP. Morgan Stanley and Merrill Lynch will pay another $8 billion in bonuses and Citigroup will pay $26 billion. Each bank received $12.5...

Full post as published by Business Law Prof Blog on November 12, 2008 (boomark / email).

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