Quote:
Originally Posted by Devils'Advocate
I haven't read this whole thread yet, so this may be an in-thread fata, but this is really pissing me off:
CEOs getting massive severance packages
These CEOs that lead these financial companies to absolute ruin are getting absolutely astounding severance packages. This 700 billion bailout package should be coming from the estates of those that made the stupid decisions that got the U.S. to point where it is. The average american taxpayer shouldn't be fleeced out of the homes *AND* their tax money so that these CEOs can gourge themselves on caviar for the rest of their lives. |
How does that work legally?
Their contract would have been with their old employers who went bust.
Is the government obliged to honour this as part of a rescue package? Do they inherit the contracts as well?