SINCE the financial crisis American bosses have made sacrifices. The average pay for the chief executive of a public company fell from $15.1m in 2007 to $13.5m in 2008. It fell again in 2009, to $10.1m. But the days of eating at Taco Bell and wearing second-hand clothes are over. According to GovernanceMetrics International (gmi), a research firm, bosses' pay rose sharply in 2010. The average among firms that have already reported was nearly $12m.
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