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Investment banker sworn in as Bush's treasury secretary

Jul 10, 2006, 17:29 GMT

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not so fastJul 10th, 2006 - 19:31:27

Massive Pay Cut!?! This guy got a $200,000,000 tax free gain on his GS stock holdings via a little know tax code provision to encourage 'public service'. If he serves the two plus years remaining in Bush's term that works out to about $40,000 per hour. Nice signing bonus, huh?

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