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1 posted on 01/12/2012 2:58:42 AM PST by afraidfortherepublic
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To: afraidfortherepublic

OMG!! Just when one thinks it can’t get worse.


2 posted on 01/12/2012 3:00:22 AM PST by Ann Archy ( ABORTION...the HUMAN Sacrifice to the god of Convenience.)
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To: afraidfortherepublic

SOP for companies in bankruptcy to try and keep key personell in place in the hopes they can rebound after reorganization.


3 posted on 01/12/2012 3:03:08 AM PST by saganite (What happens to taglines? Is there a termination date?)
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To: afraidfortherepublic

Somebody needs to be IMPEACHED!!


4 posted on 01/12/2012 3:11:31 AM PST by Saundra Duffy ( For victory & freedom!!!)
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To: afraidfortherepublic

Hey guys, you have no right to criticize this, that’s just capitalism. </sarc>


5 posted on 01/12/2012 3:14:46 AM PST by Utmost Certainty (Our Enemy, the State | Gingrich 2012)
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To: afraidfortherepublic
Why Hell YES it's only our TAX money.
ZERO has been spending it like it was water. . . . Why STOP Now?
9 posted on 01/12/2012 3:20:19 AM PST by DeaconRed (Cold War Veteran. . . . US Army Security Agency 1964-1968)
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To: afraidfortherepublic

Typical liberal mindset: rewards for failure.

Failure to correctly estimate the market
Failure to correctly estimate the technical limitations
Failure to correctly estimate the labor costs

up to $50 grand for failure that ran $550 million in U.S. taxpayer dollars into the pockets of the undeserving.

Not Capitalism at all; BUNCO, with a capital B U N C O.


10 posted on 01/12/2012 3:20:28 AM PST by plangent
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To: afraidfortherepublic; Dr. Bogus Pachysandra; grey_whiskers; ApplegateRanch; Whenifhow; WL-law; ...
A den of thieves ... like when democrat operative and crook (but I repeat myself) Franklin Delano Raines left bankrupt Fannie Mae with nearly $100,000,000 in cooked-books bonuses.

 


Beam me to Planet Gore !

12 posted on 01/12/2012 3:27:47 AM PST by steelyourfaith (If it's "green" ... it's crap !!!)
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To: afraidfortherepublic

Let’ see, if I remember it right from the Wall Street collapse bonus season, they HAVE to pay bonuses to retain the talent that failed in the first place. It’s a tidy system.


16 posted on 01/12/2012 3:42:15 AM PST by Wolfie
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To: afraidfortherepublic

I N S A N I T Y !!!


18 posted on 01/12/2012 4:16:45 AM PST by SMARTY ("The man who has no inner-life is a slave to his surroundings. "Henri Frederic Amiel)
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To: afraidfortherepublic

What hubris! They want to pay bonuses while they are in the process of stiffing their creditors.


19 posted on 01/12/2012 4:23:17 AM PST by circlecity
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To: afraidfortherepublic

Bonuses are common in bankruptcy situations.


20 posted on 01/12/2012 5:33:10 AM PST by Loyal Buckeye
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