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Genachowski Taking Pay Cut as FCC Chair

Apr 3, 2009  •  Post A Comment

FCC nominee Julius Genachowski will take a major pay cut once he takes his post as the organization’s chairman, the Wall Street Journal reports. Financial disclosure forms say he raked in $1.16 million in income from his various endeavors, including venture capitalism, for 2008 but will only make $162,900 as FCC chairman, the newspaper says.
—Sergio Ibarra

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