NY Times: Obama's Bailout "Plan Largely Repeats the Bush Administration's..."Quicklink submitted by M. Wizard Permalink
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|Mr. Geithner, who will announce the broad outlines of the plan on Tuesday, successfully fought against more severe limits on executive pay for companies receiving government aid. He resisted those who wanted to dictate how banks would spend their rescue money. And he prevailed over top administration aides who wanted to replace bank executives and wipe out shareholders at institutions receiving aid.|
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