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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Mar 22, 2009
Page
7
Trish Powell of the Permian Basin BBB cautions consumers about debt negotiation, consolidation, and elimination schemes. The article notes rising unemployment, increasing complaints, and advice to verify firms with BBB, start with credit counseling, and avoid promises of quick, guaranteed debt relief.
Morgan Stanley Chief Executive John Mack received no raise or stock options last year and his total compensation dropped to 1.2 million, down more than 40 million from 2007. He earned 800,000 base salary and 435,097 in other pay tied to company aircraft use, and plans to reimburse the firm for that by March 10. Mack has been chairman and CEO since 2005.
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