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Pay czar Kenneth Feinberg last week said he had ordered seven companies that have received billions of dollars in taxpayer money to slash the base salaries of their top executives by an average of 90 percent and cut total compensation -- cash, stock and perks -- in half. Read More

With the news came heavy trading in Wednesday action, sending the stock up nearly 4% in midday trading and prompting further activity within the banking sector across the board. Read More