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Would You Accept A 99.5% Pay-Cut?

by Mohib on May 31, 2006

Not me and you but some people would. NYT writes about the new Treasury secretary appointee,

Henry M. Paulson Jr. took home more than $38 million last year as the chairman and chief executive of Goldman Sachs. If the Senate confirms him as the next Treasury secretary, he will collect a mere $183,500 in annual pay…

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