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Allen Wheat, president of CS First Boston, took home an excellent pay packet last year: $9 million. Some would say he deserved it. In 1995, though not the firm’s best-ever year, CS First Boston recorded net income of $207 million, 33% better than the $156 million it made in 1994. With an annual salary of that magnitude, Wheat must have built up enough personal wealth to keep him in comfort if he ever grew sick of his present job and decided to walk away from it. |
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