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ResCap Judge Says $2M CRO Bonus Not Tied To Hourly Pay

By Maria Chutchian ( January 30, 2014, 2:26 PM EST) -- A New York bankruptcy judge on Thursday appeared amenable to Residential Capital LLC's request to pay its chief restructuring officer a $2 million bonus, indicating that he was not persuaded by arguments that the bonus would more than double the CRO's hourly pay....

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