In a sign that Wall Street is waking up to the political tempest over billions of dollars in year-end bonuses likely to be paid out at securities firms lining up for government infusions, top executives are in discussions to possibly cap their own compensation, the WSJ reports. While the discussions remain fluid and many details still must be agreed to, the the most likely scenario is a sharp decline in compensation for CEOs, but fewer changes in how bonuses are paid to most employees.
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