Source: http://finance.fortune.cnn.com/2011/02/01/bofa-chief-gets-free-pass-on-pay/
Tuesday, February 1, 2011
BofA chief gets free pass on pay
Say you find yourself losing billions of dollars as your chief rivals — even Citi, for crying out loud --�make good money. How do you explain yourself? If you're Bank of America (BAC), you�write off�your latest pathetic performance as "a unique and critical transition year for the company." Then you return to business as usual [...]
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