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US President Barack Obama (R) delivers remarks about executive compensation as Treasury Secretary Timothy Geithner looks on at the White House in Washington on February 4, 2009. [Xinhua]
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US President Barack Obama delivers remarks about executive compensation at the White House in Washington on February 4, 2009. [Xinhua]
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The Obama administration on Wednesday imposed a pay cap of US$500,000 for top executives at companies that receive the government bailout money to weather the current financial crisis.
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