The next round of executive pay decisions for companies that have received substantial government bailout funds could have a more lasting impact on pay practices nationwide, the special master on pay for the bailout said Tuesday.
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Pay czar: Next ruling may carry more clout (CNN Money)
The New York-based credit card and travel services company pays the Treasury $340 million to allow it to escape the bank bailout program.
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AmEx gets out of TARP (CNN Money)
The nation’s builders boosted their production in May, starting new housing units at an annualized rate of 532,000, up 17.2% from the revised estimate of 454,000 in April.
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Housing starts ratchet up in May (CNN Money)
