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    The failed bank chiefs are not in post, their successors are those on whom we depend to turn the banks around into a profit so the shares can be sold and the bail-out repaid. If we want that successful outcome then the market rate has to be paid for the right talent at the top to do the job. It is the market that determines the pay they receive and so it should be. Endless spite and envy cannot get the bail-out cash repaid.

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