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Obama Decries Big Bonuses at Bank Trading Desks as Risky

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President Barack Obama’s critique of trader bonuses at Wall Street banks as still risky to the economy drew objections from financial executives who said the compensation system already has been fixed. In an interview aired today on American Public Media’s Marketplace radio program, Obama said bonuses encourage traders to “take…

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Click here to read the full story: Bloomberg Businessweek

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