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Congress wants to crack down on CEO mega-salaries for banks participating in the bailout. And while the politicians argue how best to do that, Alan Fishman of Washington Mutual is headed for the doors with $19 million in his pocket. If that wasn't outrageous enough, consider this: Fishman started the job three weeks ago.
And WaMu shareholders got huge payments of...oh, wait. The stock is worthless. Shareholders got wiped out.