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"It's the reality we have to live with, as long as we're under the restrictions," said GM spokesman Jim Cain. In a statement, Ally Financial said pay for its executives "continues to be in line with the stated guidelines" for bailed-out companies and the company is "squarely focused on delivering value for shareholders and repaying the remaining U.S. Treasury investment." AIG declined to comment on the pay changes.
[Associated
Press;
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