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AFL-CIO Releases 2007 Executive PayWatch Website

Press release: “The AFL-CIO today unveiled its 2007 Executive PayWatch Website, detailing how a flawed executive compensation system allowed CEOs in 2006 to collect excessive severance packages and providing an in-depth look at the ongoing stock options backdating scandal. The AFL-CIO PayWatch site…also provides a snapshot of the total compensation for CEOs, including the grant date value of stock and option grants, and offers investors a way to change a broken CEO pay system.”

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