GM CEO gets $23 million pension.

Discussion in 'Economy' started by elvis, Mar 30, 2009.

  1. elvis
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    elvis BANNED Supporting Member

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  2. manu1959
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    manu1959 Left Coast Isolationist

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    gee shocking......can't wait for the hearings.....
     
  3. Sarah G
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    Sarah G When Nothing Goes Right, Go Left Supporting Member

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    Oh my god.
     
  4. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    Man I wish I could get fired like that!
     
  5. AVG-JOE
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    AVG-JOE American Mutt Staff Member Gold Supporting Member

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    Where the hell are they getting the money? The company has been in debt and loosing money for years...

    How is it the board has 23 million to give away? :eusa_think:

    -Joe
     
  6. manu1959
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    manu1959 Left Coast Isolationist

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    they have the money to pay all the millions of pensions to the union folks.....where is that comming from.....
     
  7. Annie
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    Annie Diamond Member

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    Good for him. This was negotiated when? From everything I've read about this guy, he's done a hell of a job. Got gargantuan concessions from UAW, the uncracked nut, retirees that are now counting on what they 'earned.' If not for that, GM might be able to retool.
     
  8. raceright
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    raceright Member

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    Good for him,run like a thief and let the EPA,Insurance Companies the unions the unemployment department ,the social security department and the IRS finish off GM they might as well get the credit for fucking it up cause they are the reason.
     
  9. Burp
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    Burp Always carry, never tell

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    This should be fun. He is getting a pension. That was never mentioned in the "loans" from the government; only bonuses.

    Let's see what everyone does. If they can cancel out contracts, they should do the same to pensions.
     
  10. manu1959
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    manu1959 Left Coast Isolationist

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    it is not a golden parachute or bonus ....it is a pension deferred compensation and stock options....
     

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