A2: Borders Group

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The Freep reports that several former executives at Ann Arbor-based Borders Group received large payouts from the company, according to a filing with the Securities & Exchange Commission. Former CEO George Jones got $4.6 million in salary, stock and other compensation in fiscal 2008. In January, the board brought in a new CEO, Ron Marshall, who’s receiving a $750,000 base salary and possible annual bonuses of up to 200% of his base pay. [Source]