Posts Tagged ‘Golden Parachute’

Oct 8
2008

We Paid For It

by in Everyday Nonsense | 2,592 views | Reading Time 2:49

As our government continues to try and rescue our nation’s financial markets in an effort to prevent a horrific economic freefall, we hear about one of the most outrageous and heinous uses of taxpayer money yet. AIG, a company our government deemed necessary of bailing out with federal funds, received an $85 Billion loan recently […]

Sep 16
2008

Golden Parachutes

by in Everyday Nonsense | 2,032 views | Reading Time 2:32

Lately, we’ve been hearing news about executives of failing businesses receiving millions of dollars upon exiting their position. Sometimes, the exits are removals, firings, or basic business collapses leaving the company in ruins. Is it fair that an executive in charge of a company receives millions while the employees and shareholders are left with nothing? […]