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http://www.propublica.org/article/bank-got-bailout-ceo-got-golden-parachute-1119/
CEO planned to retire at end of year, but took early retirement to get golden parachute deal to get in just under the wire because he would lose his golden parachute under the government's bailout. I am sure the bank will not use any of their bailout money in order to pay this guy his retirement, yeah right!
Smart guy, I would rather have a golden parachute than a parachute with holes, the landing is so much sweeter!
AIG's ceo said he's taking no pay now.
Too little too late.