Bank of America To Pay Back Bailout Funds, Allowing It To Offer A New CEO Whatever It Wants

Here's one that I missed. This Washington Post article explains that Bank of America will be the first corporate recipient of "extraordinary federal assistance" to pay back all of its Treasury Department bailout funds --- in BOA's case, $45 billion. The main focus of the article is that the pay-back will free BOA from government pay czar Ken Feinberg's executive compensation oversight and allow it to offer whatever it wants in trying to attract a new CEO.