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Cendant CEO cleans up as firm struggles

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The CEO of Cendant, corporate parent of brokerages the Corcoran Group and Sotheby’s International Realty, pocketed $15.7 million in salary and cash bonuses for 2005, a year in which his company continued to struggle. Cendant’s stock dropped 29 percent and its net income dropped 36 percent in 2005. more [Post]

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