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Ditch bonuses, bring sense to Wall Street pay

China Daily | Updated: 2009-08-19 08:05

Start with two principles.

Ditch bonuses, bring sense to Wall Street pay

1) US taxpayers have every right to determine how executives of bailed-out banks and auto companies should be paid.

If 60 percent ownership of General Motors Co doesn't give them clout, what does?

Ditch bonuses, bring sense to Wall Street pay

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