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Bounty hunter

18 February 2009 By Jeffrey Goldfarb

BofA lamely tolerated bonuses at hapless Merrill after agreeing to rescue the firm. But Commerz has killed Dresdner Kleinwort s pretakeover E400m bonus pledge. It s a raw deal for bankers who stuck around for a payday. But they should know best how cutthroat the business is.

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