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Sunday, February 8, 2009

Obama's Peeps not Included

Washington Times - Salary caps miss some big-pay appointees:
"Weeks before the Treasury Department announced a half-million dollar salary cap for executives at companies taking federal aid, one of President Obama's top political appointees reported a seven-figure compensation deal with one of the nation's biggest recipients of bailout cash.

Deputy Secretary of State Jacob Lew filed financial-disclosure papers last month showing he took home just under $1.1 million last year as a managing director at Citi Alternative Investments, a unit of Citigroup. So far, Citigroup has gotten $45 billion in federal bailout funds."

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