Politics & Government

February 4, 2009 9:03 PM

For bank execs, $500,000 a year is a big comedown

The chief executives of 10 banks that have gotten at least $161 billion in federal bailout money were doing swell the last year in which their income was publicly disclosed. Together, they earned more than $200 million in 2007. That could come to an end under limitations President Obama announced Wednesday.

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