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3 wks on job, WaMu CEO may get $13 mil.

September 28, 2008 12:00:00 AM PDT
On the job for just three weeks, the top man at failed Washington Mutual will be entitled to more than $13 million in severance and bonus pay if he's fired by the bank's new owners.Government records show CEO Alan Fishman was handed the package when he signed on September 8. J.P. Morgan Chase, which now owns WaMu, has yet to say if Fishman will be replaced.

 

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