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sharp_stick

(14,400 posts)

2. Our old CEO

Reply to myrna minx (Original post)

Tue May 15, 2012, 09:14 AM

May 2012

should have been charged criminally but instead he was "allowed to resign" with an $18 million dollar golden parachute in order to make it all go away quickly.

Two of his underlings, a CFO and Legal Counsel were criminally charged but skated on a deferred prosecution agreement.

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From WCCO, our local CBS: Good Question: Why Do CEOs Get Paid So Much To Leave? [View all] myrna minx May 2012 OP

I think they are in cahoots with the board of directors in some cases. The board brings in brewens May 2012 #1

It's an incestuous web of CEOs serving on each other's boards. trotsky May 2012 #3

Yup. You know they tip each other off to make moves that would be obvious brewens May 2012 #9

Socialism for Them Yavin4 May 2012 #10

Our old CEO sharp_stick May 2012 #2

Dick Schulze quit over the Brian Dunn scandal geardaddy May 2012 #4

Interesting development. myrna minx May 2012 #5

Glad they did! geardaddy May 2012 #6

Bad publicity, lawsuits, and get on with life gratuitous May 2012 #7

Hush money pscot May 2012 #8