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Treasury sets pay limits for bank officials

Rules will apply to firms that receive federal funds

By Kimberly Blanton
Globe Staff / October 15, 2008

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The US Department of the Treasury yesterday moved to curb lucrative bonuses, stock options, and golden parachute severance packages for top executives at leading financial companies, including Bank of America Corp. and State Street Corp. , which have a major presence in Boston. (Full article: 729 words)

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