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ResCap Fires Back At US In Defense Of $8M In Bonuses

By Maria Chutchian ( April 9, 2013, 5:45 PM EDT) -- Residential Capital LLC on Tuesday defended its $8 million in bonuses for employees, saying a New York bankruptcy court should ignore the U.S. trustee's objection because the payments are needed to incentivize key workers to perform challenging tasks....

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