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CEOs staying rich after bottoming out?

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  • Okay, I fully admit that I don't understand how wall street works, but this has me baffled. Why do companies' leading executives get huge severance packages when everyone else gets nothing as these giants are going under? I saw a debate about it on the Today show this morning and have to admit that I still can't see the other side of the argument. Does anyone get it?
    Flag as inappropriate Posted by mamajama on 16th September 2008

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