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Eliot Spitzer: Wall Street bankers expect big paychecks -- even when their banks fail

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The first question asked by the CEO of Merrill Lynch, John Thain, was not about how the system could be saved, the economy preserved, the integrity of the banks upheld. No, he asked if his compensation was going to be cut. This is the guy who spent over a million dollars putting new carpets in his office, paid for by shareholders and then taxpayers.

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