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Bank of America Gave Montag $29.9 Million Compensation Package

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THREE TIMES WHAT LLOYD MADE
The head of global banking for Bank of America was paid more than three times what Goldman Sachs CEO Lloyd Blankfein earned in a bonus in 2009, but we suspect the outrage will be much more muted. From Bloomberg: "Keeping Montag was a priority for Bank of America last year as it sought to install new management and repay $45 billion in U.S. bailout funds to escape federal caps on compensation."
SOURCE:   Bloomberg

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