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The longtime accountant of convicted swindler Bernard Madoff pleaded guilty Tuesday to multiple fraud charges in connection to Madoff's notorious, decades-long Ponzi scheme.
There's no need to fear a Wall Street brain drain -- despite the crackdown on pay by Washington.
In the past, Bank of America Chief Executive Officer Ken Lewis has received an annual salary of $1.5 million. But this year he will get nothing.
Bruce Wasserstein, chief executive of asset management firm Lazard, died Wednesday. He was 61 years old.
