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You are here News Economy AP study finds $1.6B went to bailed-out bank execs

AP study finds $1.6B went to bailed-out bank execs

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Banks that are getting taxpayer bailouts awarded their top executives nearly $1.6 billion in salaries, bonuses, and other benefits last year, an Associated Press analysis reveals.

Benefits included cash bonuses, stock options, personal use of company jets and chauffeurs, home security, country club memberships and professional money management, the AP review of federal securities documents found.

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