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Study links CEOs' pay to layoffs

Study links CEOs' pay to layoffs 12 Sep 2010 It's been a decade of business scandals and volatility. Yet through all of that uncertainty, Corporate America clings to at least two of its core values: Rewarding CEOs with hefty (some may choose the word "bloated," or even "obese") multimillion-dollar pay packages. Cutting massive numbers of jobs during times of economic strain. Is there a link here? The Institute for Policy Studies -- a self-described progressive, multi-issue think tank in Washington -- thinks so.