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Vail Resorts CEO Announces $0 Salary

Amidst red hot pitchfork sales spawned by AIG’s bonuses, Vail CEO Rob Katz has announced that he has cut his pay to zero dollars for 2009. Vail Resorts recently announced it would be cutting salaries across the board, but Katz took the cut to a new level and was lauded by money.com as a “Hero of the Economy.”

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