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Top executives at financial and auto companies bailed out by the U.S. government will see their pay chopped up under an Obama administration plan targeting the recent public outrage over ridiculous paychecks to these execs.

The sweeping cuts, being negotiated by U.S. pay czar Kenneth Feinberg, would mark a bold move for an administration that has railed against excessively high pay on Wall Street.

Source: http://www.insurancejournal.com/news/national/2009/10/22/104712.htm

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